Icon Energy Corp. (ICON) - 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.
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. Also see market cap of Icon Energy Corp. for the company's overall valuation and market capitalisation.
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. Review debt load of Icon Energy Corp. to assess the company's total debt and financial obligations.
| 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. See Icon Energy Corp. stock quote for real-time trading data and today's change.
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 |
|---|---|---|
|
KAWASAKI KISEN K. ADR/1/2
F:KLI
|
Germany | €2.23 Trillion |
|
Tangshan Port Group Co Ltd
SHG:601000
|
China | CN¥25.85 Billion |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
USA | $1.65 Billion |
|
ZIM Integrated Shipping Services Ltd.
F:2SV
|
Germany | €11.01 Billion |
|
U-Ming Marine Transport Corp
TW:2606
|
Taiwan | NT$91.35 Billion |
|
Westshore Terminals Investment Corp
TO:WTE
|
Canada | CA$2.33 Billion |
|
Dampskibsselskabet Norden AS
CO:DNORD
|
Denmark | Dkr2.51 Billion |
|
Ardmore Shpng
NYSE:ASC
|
USA | $789.60 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 | 0.08 |
| Asset Growth Rate (YoY) | 123.5% |
| Total Assets | $28.80 Million |
| Market Capitalization | $2.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Icon Energy Corp.'s assets below their book value (0.08x), 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