Iconic Brands Inc
Iconic Brands, Inc provides wine and spirits, ready-to-freeze alcohol pops, ready-to-drink cocktails, and mixers. The company is based in Amityville, New York. On October 16, 2023, an involuntary petition for liquidation under Chapter 11 was filed against Iconic Brands, Inc. in the U.S. Bankruptcy Court for the Eastern District of New York. On December 4, 2023, the involuntary petition was approv… Read more
Iconic Brands Inc (ICNB) - Total Liabilities
Latest total liabilities as of March 2023: $19.17 Million USD
Based on the latest financial reports, Iconic Brands Inc (ICNB) has total liabilities worth $19.17 Million USD as of March 2023.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Iconic Brands Inc - Total Liabilities Trend (2007–2022)
This chart illustrates how Iconic Brands Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Iconic Brands Inc Competitors by Total Liabilities
The table below lists competitors of Iconic Brands Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Dewhurst
LSE:DWHT
|
UK | GBX10.81 Million |
|
Dewhurst plc
LSE:DWHA
|
UK | GBX10.81 Million |
|
mPhase Technologies Inc
PINK:XDSL
|
USA | $13.74 Million |
Liability Composition Analysis (2007–2022)
This chart breaks down Iconic Brands Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.23 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -14.55 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.11 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Iconic Brands Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Iconic Brands Inc (2007–2022)
The table below shows the annual total liabilities of Iconic Brands Inc from 2007 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $18.00 Million | -43.03% |
| 2021-12-31 | $31.59 Million | +892.57% |
| 2020-12-31 | $3.18 Million | +53.19% |
| 2019-12-31 | $2.08 Million | -42.29% |
| 2018-12-31 | $3.60 Million | +40.39% |
| 2017-12-31 | $2.56 Million | -71.97% |
| 2016-12-31 | $9.15 Million | +566.56% |
| 2015-12-31 | $1.37 Million | +89.00% |
| 2014-12-31 | $726.20K | -90.36% |
| 2012-12-31 | $7.54 Million | +4.58% |
| 2010-12-31 | $7.21 Million | +34.21% |
| 2009-12-31 | $5.37 Million | +12713.43% |
| 2008-12-31 | $41.90K | +68.21% |
| 2007-12-31 | $24.91K | -- |