Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Icahn Enterprises LPIEP +2.17%57 Cash Ratio is 1.20 as of Jun. 2026, which is 39% below its 10-year median of 1.97. GuruFocus rates IEP with a GF Score™ of 57/100 and a GF Value™ of $7.45 (Fairly Valued). The stock has 3 warning signs investors should review. Among 968 Oil & Gas companies, Icahn Enterprises LP ranks better than 73.24% on this metric.
Icahn Enterprises LP has a Cash Ratio of 1.20. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Icahn Enterprises LP's Cash Ratio or its related term are showing as below:
IEP'
s Cash Ratio Range Over the Past 10 Years
Min: 1.11 Med: 1.97 Max: 5.6
Current: 1.2
During the past 13 years, Icahn Enterprises LP's highest Cash Ratio was 5.60. The lowest was 1.11. And the median was 1.97.
IEP's Cash Ratio is ranked better than 73.24% of 968
companies
in the Oil & Gas industry
Industry Median: 0.46
vs IEP: 1.20
Icahn Enterprises LP (NAS:IEP) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Icahn Enterprises LP Cash Ratio Related Terms
Icahn Enterprises LP Cash Ratio Historical Data
* Premium members only.
The historical data trend for Icahn Enterprises LP's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Refining & Marketing subindustry, Icahn Enterprises LP's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Icahn Enterprises LP Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Icahn Enterprises LP's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Icahn Enterprises LP's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Icahn Enterprises LP (IEP) has a Cash Ratio of 1.20 as of Jun. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Icahn Enterprises LP and its competitors. This is 39% below median its historical median of 1.97. Over the past decade, Icahn Enterprises LP's Cash Ratio has ranged from 1.11 to 5.60. According to the industry distribution chart, Icahn Enterprises LP ranks #259 out of 968 companies in the Oil & Gas industry, placing it in the top 26.8%.
Is Icahn Enterprises LP's Cash Ratio too high?
Icahn Enterprises LP's current Cash Ratio of 1.20 is 39% below median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 5.60. The Oil & Gas industry median Cash Ratio is 0.46. Icahn Enterprises LP's value of 1.20 is 160.9% above this industry median. Based on the distribution chart, Icahn Enterprises LP ranks #259 out of 968 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Icahn Enterprises LP has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Icahn Enterprises LP's Cash Ratio compare to PARR and DK?
According to the Oil & Gas industry distribution chart, Icahn Enterprises LP ranks #259 out of 968 companies for Cash Ratio. This puts Icahn Enterprises LP in the upper half of its industry. The industry median Cash Ratio is 0.46. Icahn Enterprises LP's value of 1.20 is 160.9% above this benchmark. Historically, Icahn Enterprises LP's own Cash Ratio has ranged from 1.11 to 5.60 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 0.46, Icahn Enterprises LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.46, based on 968 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Icahn Enterprises LP's current Cash Ratio of 1.20 is 160.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Icahn Enterprises LP and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icahn Enterprises LP's current Cash Ratio is 1.20, which is 39% below median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icahn Enterprises LP stock overvalued right now?
Based on GuruFocus' analysis, Icahn Enterprises LP (IEP) is currently considered Fairly Valued. The stock's GF Value™ is $7.45, compared to a current price of $6.78 — trading 9% below its estimated fair value. The current Cash Ratio is 1.20, which is 39% below median its 10-year median of 1.97 and 160.9% above the Oil & Gas industry median of 0.46. Icahn Enterprises LP's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Icahn Enterprises LP (IEP), the current Cash Ratio is 1.20 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Icahn Enterprises LP (IEP) Overvalued in 2026?
Based on GuruFocus' analysis, Icahn Enterprises LP stock appears to be undervalued.
The current stock price of $6.78 is trading 9% below its estimated GF Value™ of $7.45.
GuruFocus considers Icahn Enterprises LP to be Fairly Valued.
Key valuation signals for IEP:
Cash Ratio: 1.20 (39% below median its 10-year median of 1.97)
GF Value™: $7.45 vs. price of $6.78 (9% below fair value)
Industry Position: 160.9% above the Oil & Gas median (#259 of 968)
No single metric tells the full story. See the IEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icahn Enterprises LP provides diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
57GF Score
Get the complete analysis for IEP
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IEP has been successfully added to your 
