Icon Energy Corp. Total Assets
Icon Energy Corp. total assets. 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. Also see ICON company net worth for the company's overall valuation and market capitalisation.
Total Assets of Icon Energy Corp. (1989–2024)
Total assets of Icon Energy Corp. from 1989 to 2024. This chart illustrates how Icon Energy Corp.'s total assets have evolved over time, based on quarterly financial data. See Icon Energy Corp. (ICON) stock price for real-time trading data and today's change.
Icon Energy Corp. - Asset Composition Analysis
Icon Energy Corp. Total Assets Breakdown (December 2024)
Icon Energy Corp. total assets breakdown as of 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. Explore ICON working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Hafnia Ltd
OL:HAFNI
|
Norway | Nkr4.03 Billion |
|
Hoegh Autoliners ASA
OL:HAUTO
|
Norway | Nkr2.33 Billion |
|
Sincere Navigation Corp
TW:2605
|
Taiwan | NT$20.78 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.95 Billion |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
Korea | ₩641.49 Billion |
|
Socep Constant
RO:SOCP
|
Romania | RON766.56 Million |
|
American Shipping Company ASA
OL:AMSC
|
Norway | Nkr121.10 Million |
|
Wellard Ltd
AU:WLD
|
Australia | AU$34.12 Million |
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 | 0.09 |
| Asset Growth Rate (YoY) | 123.5% |
| Total Assets | $28.80 Million |
| Market Capitalization | $2.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Icon Energy Corp.'s assets below their book value (0.09x), 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 | -- |
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