Icarus Capital (TSXV:ICRS) Debt-to-Equity: -1.56 (As of Jun. 2026)

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What is Icarus Capital Debt-to-Equity?

Icarus Capital TSXV:ICRS Debt-to-Equity is -1.56 as of Jun. 2026. The stock has 3 warning signs investors should review. Among 825 Media - Diversified companies, Icarus Capital ranks worse than 121212% on this metric.

Icarus Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$0.18 Mil. Icarus Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$0.28 Mil. Icarus Capital's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$-0.30 Mil. Icarus Capital's debt to equity for the quarter that ended in Jun. 2026 was -1.56.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Icarus Capital's Debt-to-Equity or its related term are showing as below:

TSXV:ICRS' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.14   Med: -1.6   Max: 7.66
Current: -1.56

During the past 5 years, the highest Debt-to-Equity Ratio of Icarus Capital was 7.66. The lowest was -6.14. And the median was -1.60.

TSXV:ICRS's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.24 vs TSXV:ICRS: -1.56

Icarus Capital  (TSXV:ICRS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Icarus Capital Debt-to-Equity Related Terms


Icarus Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Icarus Capital's Debt-to-Equity 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.

Icarus Capital Debt-to-Equity Chart

Icarus Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
0.00 0.00 7.66 -1.60 -1.43

Icarus Capital Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.06 -1.81 -1.43 -1.80 -1.56

TSXV:ICRS vs NFLX, DIS, WBD: Debt-to-Equity Comparison

For the Entertainment subindustry, Icarus Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Icarus Capital Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Icarus Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Icarus Capital's Debt-to-Equity falls into.



Icarus Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Icarus Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Icarus Capital's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.56 mean?
Icarus Capital (TSXV:ICRS) has a Debt-to-Equity of -1.56 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Icarus Capital and its competitors. According to the industry distribution chart, Icarus Capital ranks #999999 out of 825 companies in the Media - Diversified industry.
Is Icarus Capital's Debt-to-Equity too high?
Icarus Capital's current Debt-to-Equity is -1.56. Based on the distribution chart, Icarus Capital ranks #999999 out of 825 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does Icarus Capital's Debt-to-Equity compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Icarus Capital ranks #999999 out of 825 companies for Debt-to-Equity. This places Icarus Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.24, based on 825 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Icarus Capital and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icarus Capital's current Debt-to-Equity is -1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icarus Capital stock overvalued right now?
Based on GuruFocus' analysis, Icarus Capital (TSXV:ICRS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.04 — trading 75% above its estimated fair value. The current Debt-to-Equity is -1.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Icarus Capital (TSXV:ICRS), the current Debt-to-Equity is -1.56 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.

Icarus Capital Business Description

Address 404-1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Icarus Capital Corp, through its wholly owned subsidiary Alberta Ltd. (YYC), operates a Yuk Yuk's franchise comedy club in the Elbow River Casino in Calgary, Alberta, and by another subsidiary YYS, the company promotes and operates pop-up comedy shows across British Columbia and Alberta, including a hybrid-format Yuk Yuk's Surrey club located at Elements Casino in Surrey, British Columbia. The company's project portfolio includes Yuk Yuk's Calgary, Yuk Yuk's Surrey, Yuk Yuk's in Theatres, Yuk Yuk's Media, Yuk's U (Comedy Class).