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
Icon Energy Corp. (ICON) - Total Assets
Latest total assets as of September 2025: $58.01 Million USD
Based on the latest financial reports, Icon Energy Corp. (ICON) holds total assets worth $58.01 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Icon Energy Corp. - Total Assets Trend (1989–2024)
This chart illustrates how Icon Energy Corp.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Icon Energy Corp. - Asset Composition Analysis
Current Asset Composition (December 2024)
Icon Energy Corp.'s total assets of $58.01 Million consist of 4.5% current assets and 95.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.3% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $133.00K | 0.5% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1989–2024)
This chart illustrates how Icon Energy Corp.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Icon Energy Corp.'s current assets represent 4.5% of total assets in 2024, a decrease from 91.7% in 1989.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, down from 25.8% in 1989.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 1989.
- Asset Diversification: The largest asset category is inventory at 0.5% of total assets.
Icon Energy Corp. Competitors by Total Assets
Key competitors of Icon Energy Corp. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Icon Energy Corp. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Icon Energy Corp. generates 0.18x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Icon Energy Corp. is currently not profitable relative to its asset base.
Icon Energy Corp. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.25 | 0.83 | 1.31 |
| Quick Ratio | 1.18 | 0.83 | 1.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $997.00K | $ -196.00K | $ 28.74 Million |
Icon Energy Corp. - Advanced Valuation Insights
This section examines the relationship between Icon Energy Corp.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.20 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 123.5% |
| Total Assets | $28.80 Million |
| Market Capitalization | $486.01K USD |
Valuation Analysis
Below Book Valuation: The market values Icon Energy Corp.'s assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Icon Energy Corp.'s assets grew by 123.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Icon Energy Corp. (1989–2024)
The table below shows the annual total assets of Icon Energy Corp. from 1989 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $28.80 Million | +123.53% |
| 2023-12-31 | $12.88 Million | -11.75% |
| 2022-12-31 | $14.60 Million | +0.19% |
| 2021-12-31 | $14.57 Million | -96.09% |
| 2020-12-31 | $372.92 Million | -26.31% |
| 2019-12-31 | $506.06 Million | -19.94% |
| 2018-12-31 | $632.08 Million | -27.39% |
| 2017-12-31 | $870.51 Million | -56.59% |
| 2016-12-31 | $2.01 Billion | -20.48% |
| 2015-12-31 | $2.52 Billion | -12.23% |
| 2014-12-31 | $2.87 Billion | +0.46% |
| 2013-12-31 | $2.86 Billion | +15.25% |
| 2012-12-31 | $2.48 Billion | +14.83% |
| 2011-12-31 | $2.16 Billion | +10.75% |
| 2010-12-31 | $1.95 Billion | +8.26% |
| 2009-12-31 | $1.80 Billion | +26.92% |
| 2008-12-31 | $1.42 Billion | +6.30% |
| 2007-12-31 | $1.34 Billion | +90.59% |
| 2006-12-31 | $701.05 Million | +222.70% |
| 2005-12-31 | $217.24 Million | +110.03% |
| 2002-12-31 | $103.44 Million | +104.14% |
| 2001-12-31 | $50.67 Million | +0.60% |
| 2000-12-31 | $50.37 Million | -21.37% |
| 1999-12-31 | $64.06 Million | -14.13% |
| 1998-12-31 | $74.60 Million | +141.42% |
| 1997-12-31 | $30.90 Million | +110.20% |
| 1996-12-31 | $14.70 Million | +25.64% |
| 1995-12-31 | $11.70 Million | +13.59% |
| 1994-12-31 | $10.30 Million | -6.36% |
| 1993-12-31 | $11.00 Million | +18.28% |
| 1992-12-31 | $9.30 Million | -41.88% |
| 1991-12-31 | $16.00 Million | -1.23% |
| 1990-12-31 | $16.20 Million | +22.73% |
| 1989-12-31 | $13.20 Million | -- |