Icon Energy Ltd (ICN) - Net Assets
Based on the latest financial reports, Icon Energy Ltd (ICN) has net assets worth AU$-4.51 Million AUD (≈ $-3.19 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$1.30 Million ≈ $916.33K USD) and total liabilities (AU$5.80 Million ≈ $4.11 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check ICN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$-4.51 Million |
| % of Total Assets | -348.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | -353.84% |
| 10-Year Change | -108.55% |
| Growth Volatility | 77.82 |
Icon Energy Ltd - Net Assets Trend (1998–2025)
This chart illustrates how Icon Energy Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Icon Energy Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Icon Energy Ltd (1998–2025)
The table below shows the annual net assets of Icon Energy Ltd from 1998 to 2025. For live valuation and market cap data, see Icon Energy Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$-4.51 Million ≈ $-3.19 Million |
-9.64% |
| 2024-06-30 | AU$-4.11 Million ≈ $-2.91 Million |
-39.04% |
| 2023-06-30 | AU$-2.96 Million ≈ $-2.09 Million |
-266.03% |
| 2022-06-30 | AU$1.78 Million ≈ $1.26 Million |
+0.29% |
| 2021-06-30 | AU$1.78 Million ≈ $1.26 Million |
-79.58% |
| 2020-06-30 | AU$8.70 Million ≈ $6.15 Million |
-25.33% |
| 2019-06-30 | AU$11.64 Million ≈ $8.24 Million |
-72.92% |
| 2018-06-30 | AU$43.00 Million ≈ $30.43 Million |
-8.58% |
| 2017-06-30 | AU$47.04 Million ≈ $33.28 Million |
-10.76% |
| 2016-06-30 | AU$52.71 Million ≈ $37.30 Million |
-10.01% |
| 2015-06-30 | AU$58.57 Million ≈ $41.45 Million |
-13.45% |
| 2014-06-30 | AU$67.68 Million ≈ $47.89 Million |
+44.03% |
| 2013-06-30 | AU$46.99 Million ≈ $33.25 Million |
+60.69% |
| 2012-06-30 | AU$29.24 Million ≈ $20.69 Million |
-13.64% |
| 2011-06-30 | AU$33.86 Million ≈ $23.96 Million |
-6.04% |
| 2010-06-30 | AU$36.04 Million ≈ $25.50 Million |
+0.00% |
| 2009-12-31 | AU$36.04 Million ≈ $25.50 Million |
+230.91% |
| 2009-06-30 | AU$10.89 Million ≈ $7.71 Million |
+19.79% |
| 2008-06-30 | AU$9.09 Million ≈ $6.43 Million |
+63.94% |
| 2007-06-30 | AU$5.55 Million ≈ $3.92 Million |
-4.80% |
| 2006-06-30 | AU$5.83 Million ≈ $4.12 Million |
-3.54% |
| 2005-06-30 | AU$6.04 Million ≈ $4.27 Million |
-10.40% |
| 2004-06-30 | AU$6.74 Million ≈ $4.77 Million |
-20.71% |
| 2003-06-30 | AU$8.50 Million ≈ $6.01 Million |
-11.32% |
| 2002-06-30 | AU$9.58 Million ≈ $6.78 Million |
+11.32% |
| 2001-06-30 | AU$8.61 Million ≈ $6.09 Million |
+83.61% |
| 2000-06-30 | AU$4.69 Million ≈ $3.32 Million |
-48.60% |
| 1999-06-30 | AU$9.12 Million ≈ $6.46 Million |
-24.34% |
| 1998-06-30 | AU$12.06 Million ≈ $8.53 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Icon Energy Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 10820753300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$104.72 Million | % |
| Other Components | AU$224.89K | % |
| Total Equity | AU$-4.51 Million | 100.00% |
Icon Energy Ltd Competitors by Market Cap
The table below lists competitors of Icon Energy Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Empire Resources Corp
V:SMP
|
$3.27 Million |
|
New Zealand Coastal Seafoods Ltd
AU:NZS
|
$3.28 Million |
|
NuGen Medical Devices Inc
V:NGMD
|
$3.28 Million |
|
NextEnergy Solar Fund Ltd
LSE:NESF
|
$3.29 Million |
|
GRANITE CREEK COPPER
F:GRK
|
$3.26 Million |
|
IT Tech Packaging Inc
NYSE MKT:ITP
|
$3.26 Million |
|
RevoluGROUP Canada Inc
V:REVO
|
$3.26 Million |
|
TFP Solutions Bhd
KLSE:0145
|
$3.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Icon Energy Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -4,111,557 to -4,507,839, a change of -396,282.
- Net loss of 1,078,503 reduced equity.
- Share repurchases of 600,000 reduced equity.
- Other factors increased equity by 1,282,221.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-1.08 Million | -23.93% |
| Share Repurchases | AU$600.00K | -13.31% |
| Other Changes | AU$1.28 Million | +28.44% |
| Total Change | AU$- | % |
Book Value vs Market Value Analysis
This analysis compares Icon Energy Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-06-30 | AU$0.13 | AU$0.01 | x |
| 1999-06-30 | AU$0.09 | AU$0.01 | x |
| 2000-06-30 | AU$0.05 | AU$0.01 | x |
| 2001-06-30 | AU$0.07 | AU$0.01 | x |
| 2002-06-30 | AU$0.03 | AU$0.01 | x |
| 2003-06-30 | AU$0.03 | AU$0.01 | x |
| 2004-06-30 | AU$0.03 | AU$0.01 | x |
| 2005-06-30 | AU$0.02 | AU$0.01 | x |
| 2006-06-30 | AU$0.02 | AU$0.01 | x |
| 2007-06-30 | AU$0.02 | AU$0.01 | x |
| 2008-06-30 | AU$0.03 | AU$0.01 | x |
| 2009-06-30 | AU$0.03 | AU$0.01 | x |
| 2010-06-30 | AU$0.08 | AU$0.01 | x |
| 2011-06-30 | AU$0.06 | AU$0.01 | x |
| 2012-06-30 | AU$0.05 | AU$0.01 | x |
| 2013-06-30 | AU$0.08 | AU$0.01 | x |
| 2014-06-30 | AU$0.10 | AU$0.01 | x |
| 2015-06-30 | AU$0.08 | AU$0.01 | x |
| 2016-06-30 | AU$0.07 | AU$0.01 | x |
| 2017-06-30 | AU$0.07 | AU$0.01 | x |
| 2018-06-30 | AU$0.06 | AU$0.01 | x |
| 2019-06-30 | AU$0.02 | AU$0.01 | x |
| 2020-06-30 | AU$0.01 | AU$0.01 | x |
| 2021-06-30 | AU$0.00 | AU$0.01 | x |
| 2022-06-30 | AU$0.00 | AU$0.01 | x |
| 2023-06-30 | AU$0.00 | AU$0.01 | x |
| 2024-06-30 | AU$-0.01 | AU$0.01 | x |
| 2025-06-30 | AU$-0.01 | AU$0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Icon Energy Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3629.37%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-42.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -7.54% | 0.00% | 0.00x | 1.06x | AU$-2.11 Million |
| 1999 | -32.18% | -93.53% | 0.33x | 1.05x | AU$-3.85 Million |
| 2000 | -105.30% | 0.00% | 0.00x | 1.06x | AU$-5.41 Million |
| 2002 | -14.90% | -481.44% | 0.03x | 1.13x | AU$-2.39 Million |
| 2003 | -12.82% | -535.91% | 0.02x | 1.13x | AU$-1.94 Million |
| 2004 | -27.60% | -912.31% | 0.03x | 1.15x | AU$-2.53 Million |
| 2005 | -29.06% | -980.73% | 0.03x | 1.05x | AU$-2.36 Million |
| 2006 | -12.84% | -336.15% | 0.03x | 1.11x | AU$-1.33 Million |
| 2007 | -26.17% | -771.20% | 0.03x | 1.11x | AU$-2.01 Million |
| 2008 | 35.19% | 826.84% | 0.04x | 1.16x | AU$2.29 Million |
| 2009 | -56.36% | -37914.63% | 0.00x | 1.09x | AU$-7.23 Million |
| 2010 | -15.83% | 0.00% | 0.00x | 1.14x | AU$-9.31 Million |
| 2011 | -17.72% | -1444.68% | 0.01x | 1.19x | AU$-9.39 Million |
| 2012 | -15.80% | -3834.37% | 0.00x | 1.18x | AU$-7.54 Million |
| 2013 | 7.92% | 0.00% | 0.00x | 1.13x | AU$-978.98K |
| 2014 | 2.33% | 32.03% | 0.07x | 1.05x | AU$-5.19 Million |
| 2015 | -10.01% | -73696.12% | 0.00x | 1.05x | AU$-11.72 Million |
| 2016 | -10.63% | -1045.66% | 0.01x | 1.04x | AU$-10.87 Million |
| 2017 | -12.05% | 0.00% | 0.00x | 1.13x | AU$-10.37 Million |
| 2018 | -9.39% | 0.00% | 0.00x | 1.14x | AU$-8.34 Million |
| 2019 | -269.42% | 0.00% | 0.00x | 1.54x | AU$-32.54 Million |
| 2020 | -33.93% | 0.00% | 0.00x | 1.44x | AU$-3.82 Million |
| 2021 | -389.61% | 0.00% | 0.00x | 3.64x | AU$-7.10 Million |
| 2022 | -82.42% | 0.00% | 0.00x | 3.95x | AU$-1.65 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-5.24 Million |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-744.84K |
| 2025 | 0.00% | -3629.37% | 0.02x | 0.00x | AU$-627.72K |
Industry Comparison
This section compares Icon Energy Ltd's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $32,358,340
- Average return on equity (ROE) among peers: -59.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Icon Energy Ltd (ICN) | AU$-4.51 Million | -7.54% | N/A | $3.26 Million |
| 88 Energy Ltd (88E) | $16.65 Million | -41.39% | 0.05x | $18.83 Million |
| ADX Energy Ltd (ADX) | $8.69 Million | -49.24% | 2.54x | $19.62 Million |
| Australis Oil & Gas Ltd (ATS) | $97.38 Million | 2.91% | 0.37x | $20.63 Million |
| Bass Oil Ltd (BAS) | $1.04 Million | -288.37% | 0.09x | $13.11 Million |
| Blue Energy Ltd (BLU) | $10.73 Million | 11.18% | 0.26x | $12.79 Million |
| Blue Star Helium Ltd (BNL) | $13.63 Million | -4.72% | 0.03x | $21.78 Million |
| Beach Energy Ltd (BPT) | $19.18 Million | -11.01% | 0.43x | $1.87 Billion |
| Brookside Energy Ltd (BRK) | $92.01 Million | 2.97% | 0.24x | $38.18 Million |
| Buru Energy Ltd (BRU) | $38.60 Million | -74.66% | 0.35x | $9.93 Million |
| Beetaloo Energy Australia Limited (BTL) | $25.66 Million | -144.49% | 2.98x | $260.37 Million |
About Icon Energy Ltd
Icon Energy Limited engages in the exploration for and development of oil and gas properties in Australia. It also holds interests in the Cooper/Eromanga and Surat Basins located in Queensland. The company was formerly known as Icon Oil NL and changed its name to Icon Energy Limited in November 2000. Icon Energy Limited was incorporated in 1993 and is headquartered in Burleigh Heads, Australia.