ICON (Icon Energy) Interest Expense : $-0.06 Mil (TTM As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Icon Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Icon Energy's interest expense for the three months ended in Sep. 2024 was $ -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.06 Mil.

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. Icon Energy's Operating Income for the three months ended in Sep. 2024 was $ -0.40 Mil. Icon Energy's Interest Expense for the three months ended in Sep. 2024 was $ -0.06 Mil. Icon Energy did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Icon Energy Interest Expense Historical Data

The historical data trend for Icon Energy's Interest Expense 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.

* Premium members only.

Icon Energy Interest Expense Chart

Icon Energy Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Icon Energy Quarterly Data
	Dec21	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-0.06

Icon Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Icon Energy (NAS:ICON) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Icon Energy's Interest Expense for the three months ended in Sep. 2024 was $-0.06 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $16.21 Mil.

Icon Energy's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Icon Energy did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Icon Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Icon Energy Corp (NAS:ICON) » Definitions » Interest Expense

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.