ICON (Icon Energy) Debt-to-Asset : 0.53 (As of Sep. 2024)

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What is Icon Energy Debt-to-Asset?

Icon Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Icon Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $16.21 Mil. Icon Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $30.55 Mil. Icon Energy's debt to asset for the quarter that ended in Sep. 2024 was 0.53.

Icon Energy Debt-to-Asset Historical Data

The historical data trend for Icon Energy's Debt-to-Asset 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.

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Icon Energy Debt-to-Asset Chart

Icon Energy Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

Icon Energy Quarterly Data
	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial			-	-	-	-	0.53

Competitive Comparison of Icon Energy's Debt-to-Asset

For the Marine Shipping subindustry, Icon Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Icon Energy's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Icon Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Icon Energy's Debt-to-Asset falls into.

Icon Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Icon Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0)	/	12.882
	=	0.00

Icon Energy's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	16.206)	/	30.551
	=	0.53

Icon Energy (NAS:ICON) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Icon Energy Debt-to-Asset Related Terms

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Icon Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Icon Energy Corp (NAS:ICON) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Pavimar Shipping Co, 17th km National Road, Athens-Lamia & Foinikos Str, Nea Kifissia, Athens, GRC, 14564

Website

https://www.icon-nrg.com

Icon Energy Corp is a Growth-oriented company that operates as a holding company for the purpose of acquiring, owning, chartering and operating dry bulk vessels through its subsidiaries. The company generates its revenues by chartering the Initial Vessels to regional and international dry bulk operators, commodity traders and end users.