Icon Energy Corp. (ICON) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Icon Energy Corp. (ICON) has a cash flow conversion efficiency ratio of 0.070x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.44 Million) by net assets ($20.64 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Icon Energy Corp. - Cash Flow Conversion Efficiency Trend (1990–2024)
This chart illustrates how Icon Energy Corp.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read ICON liabilities breakdown for a breakdown of total debt and financial obligations.
Icon Energy Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Icon Energy Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Freedom Care Group Holdings Ltd
AU:FCG
|
0.481x |
|
Khandwala Securities Limited
NSE:KHANDSE
|
-0.049x |
|
Card Factory PLC
LSE:CARD
|
0.063x |
|
SKONEC Entertainment Co. Ltd.
KQ:276040
|
-0.163x |
|
Applied DNA Sciences, Inc.
NASDAQ:BNBX
|
-0.300x |
|
Kridhan Infra Limited
NSE:KRIDHANINF
|
-0.003x |
|
Essentra PLC
LSE:ESNT
|
0.024x |
|
Sriwahana
JK:SWAT
|
-0.044x |
Annual Cash Flow Conversion Efficiency for Icon Energy Corp. (1990–2024)
The table below shows the annual cash flow conversion efficiency of Icon Energy Corp. from 1990 to 2024. For the full company profile with market capitalisation and key ratios, see Icon Energy Corp. market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $11.75 Million | $864.00K | 0.074x | -73.08% |
| 2023-12-31 | $9.17 Million | $2.50 Million | 0.273x | -1.92% |
| 2022-12-31 | $14.32 Million | $3.99 Million | 0.279x | -13.20% |
| 2021-12-31 | $12.72 Million | $4.08 Million | 0.321x | +514.96% |
| 2020-12-31 | $-264.09 Million | $20.42 Million | -0.077x | +34.60% |
| 2019-12-31 | $-256.36 Million | $30.31 Million | -0.118x | +69.27% |
| 2018-12-31 | $-145.74 Million | $56.08 Million | -0.385x | -845.84% |
| 2017-12-31 | $-50.98 Million | $2.07 Million | -0.041x | -116.47% |
| 2016-12-31 | $494.64 Million | $122.18 Million | 0.247x | -9.78% |
| 2015-12-31 | $694.90 Million | $190.24 Million | 0.274x | +77.64% |
| 2014-12-31 | $1.05 Billion | $162.52 Million | 0.154x | -27.05% |
| 2013-12-31 | $1.10 Billion | $232.79 Million | 0.211x | +35.82% |
| 2012-12-31 | $1.30 Billion | $202.17 Million | 0.156x | +13.28% |
| 2011-12-31 | $1.29 Billion | $177.61 Million | 0.137x | -5.64% |
| 2010-12-31 | $1.14 Billion | $165.72 Million | 0.146x | +18.86% |
| 2009-12-31 | $969.77 Million | $118.72 Million | 0.122x | -15.84% |
| 2008-12-31 | $613.53 Million | $89.24 Million | 0.145x | -8.24% |
| 2007-12-31 | $527.92 Million | $83.69 Million | 0.159x | +132.68% |
| 2006-12-31 | $465.46 Million | $31.71 Million | 0.068x | -43.27% |
| 2005-12-31 | $100.90 Million | $12.12 Million | 0.120x | +135.31% |
| 2002-12-31 | $29.01 Million | $-9.87 Million | -0.340x | -3432.96% |
| 2001-12-31 | $23.52 Million | $240.00K | 0.010x | -96.72% |
| 2000-12-31 | $24.75 Million | $7.70 Million | 0.311x | +207.94% |
| 1999-12-31 | $32.95 Million | $3.33 Million | 0.101x | +123.79% |
| 1998-12-31 | $51.80 Million | $-22.00 Million | -0.425x | -19.21% |
| 1997-12-31 | $24.70 Million | $-8.80 Million | -0.356x | -537.71% |
| 1996-12-31 | $8.60 Million | $700.00K | 0.081x | +127.91% |
| 1995-12-31 | $5.60 Million | $200.00K | 0.036x | +109.82% |
| 1994-12-31 | $4.40 Million | $-1.60 Million | -0.364x | -103.90% |
| 1993-12-31 | $-600.00K | $-5.60 Million | 9.333x | +9044.44% |
| 1992-12-31 | $-11.50 Million | $1.20 Million | -0.104x | -156.35% |
| 1991-12-31 | $-2.70 Million | $-500.00K | 0.185x | +12.79% |
| 1990-12-31 | $6.70 Million | $1.10 Million | 0.164x | -- |
About Icon Energy Corp.
Icon Energy Corp., a shipping company, provides seaborne transportation services for dry bulk cargoes through its fleet of oceangoing vessels worldwide. Its fleet consists of one Panamax dry bulk vessel with a carrying capacity of approximately 77,326 deadweight tons (dwt); and one Kamsarmax dry bulk vessel with a carrying capacity of approximately 81,448 dwt. The company serves dry bulk operator… Read more