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Icon EnergyICON -0.48%17 Interest Coverage is 0.06 as of Mar. 2026, which is 100% below its 10-year median of 368.33. GuruFocus rates ICON with a GF Score™ of 17/100. The stock has 4 warning signs investors should review. Among 846 Transportation companies, Icon Energy ranks worse than 97.64% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Icon Energy's
Operating Income
for the
three
months ended in Mar. 2026 was $0.04 Mil. Icon Energy's Interest Expense for the
three
months ended in Mar. 2026 was $-0.69 Mil.
Icon Energy's interest coverage for the quarter that ended in Mar. 2026 was 0.06.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Icon Energy's Interest Coverage or its related term are showing as below:
ICON'
s Interest Coverage Range Over the Past 10 Years
Min: 0.05 Med: 368.33 Max: 1655
Current: 0.36
ICON's Interest Coverage is ranked worse than 97.64% of 846
companies
in the Transportation industry
Industry Median: 5.77
vs ICON: 0.36
Icon Energy (NAS:ICON) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Icon Energy Interest Coverage Related Terms
Icon Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Icon Energy's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
ICON vs RUBI, CISS, SVRN: Interest Coverage Comparison
For the Marine Shipping subindustry, Icon Energy's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Icon Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Icon Energy's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Icon Energy (ICON) has a Interest Coverage of 0.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Icon Energy and its competitors. This is 100% below median its historical median of 368.33. Over the past decade, Icon Energy's Interest Coverage has ranged from 0.05 to 1,655.00. According to the industry distribution chart, Icon Energy ranks #826 out of 846 companies in the Transportation industry, placing it in the top 97.6%.
Is Icon Energy's Interest Coverage too high?
Icon Energy's current Interest Coverage of 0.06 is 100% below median its 10-year median of 368.33. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1,655.00. The Transportation industry median Interest Coverage is 5.77. Icon Energy's value of 0.06 is 99% below this industry median. Based on the distribution chart, Icon Energy ranks #826 out of 846 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Icon Energy has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Icon Energy's Interest Coverage compare to RUBI and CISS?
According to the Transportation industry distribution chart, Icon Energy ranks #826 out of 846 companies for Interest Coverage. This places Icon Energy in the lower half of its industry. The industry median Interest Coverage is 5.77. Icon Energy's value of 0.06 is 99% below this benchmark. Historically, Icon Energy's own Interest Coverage has ranged from 0.05 to 1,655.00 over the past decade. While the company's 10-year median is 368.33 vs. the industry median of 5.77, Icon Energy has consistently been below 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 Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.77, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Icon Energy's current Interest Coverage of 0.06 is 99% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Icon Energy and its competitors. For the Transportation industry, the median Interest Coverage is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icon Energy's current Interest Coverage is 0.06, which is 100% below median its own 10-year median of 368.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icon Energy stock overvalued right now?
Icon Energy (ICON) has a current Interest Coverage of 0.06. The current Interest Coverage is 0.06, which is 100% below median its 10-year median of 368.33 and 99% below the Transportation industry median of 5.77. Icon Energy's overall GF Score™ is 17/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Icon Energy (ICON), the current Interest Coverage is 0.06 as of Mar. 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.
Icon Energy Corp is a growth-oriented shipping company providing seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels. The company generates its revenues by chartering its vessels to regional and international dry bulk operators, commodity traders and end users. The cargos carried by the company are Grains, Minerals, Iron Ore, Coal and Bauxite.
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