Icon Energy Corp. (ICON) — Working Capital to Net Assets Ratio
Icon Energy Corp. (ICON) has a Working Capital to Net Assets ratio of 4.8% as of September 2025. Working capital of $997.00K (current assets of $5.03 Million minus current liabilities of $4.03 Million) is measured against net assets of $20.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See ICON net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Icon Energy Corp. Working Capital to Net Assets (1989–2024)
This chart shows how Icon Energy Corp.'s Working Capital to Net Assets ratio has evolved across 34 annual periods from 1989 to 2024. As of September 2025, the ratio stands at 4.8%, reflecting working capital of $997.00K against net assets of $20.64 Million USD. Check Icon Energy Corp. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Icon Energy Corp. (1989–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Icon Energy Corp. from 1989 to 2024, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ICON market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -17.4% | $-2.04 Million | $11.75 Million | $1.29 Million | $3.33 Million | ▼ -9.8 pp |
| 2023 | -7.5% | $-691.00K | $9.17 Million | $3.02 Million | $3.71 Million | ▼ -33.8 pp |
| 2022 | 26.3% | $3.76 Million | $14.32 Million | $4.04 Million | $276.00K | ▲ +17.5 pp |
| 2021 | 8.8% | $1.12 Million | $12.72 Million | $2.97 Million | $1.85 Million | ▲ +21.2 pp |
| 2020 | -12.4% | $32.79 Million | $-264.09 Million | $100.03 Million | $67.24 Million | ▼ -11.8 pp |
| 2019 | -0.7% | $1.71 Million | $-256.36 Million | $133.67 Million | $131.96 Million | ▲ +26.0 pp |
| 2018 | -26.7% | $38.85 Million | $-145.74 Million | $153.16 Million | $114.31 Million | ▲ +209.8 pp |
| 2017 | -236.4% | $120.52 Million | $-50.98 Million | $233.17 Million | $112.65 Million | ▼ -274.9 pp |
| 2016 | 38.4% | $190.07 Million | $494.64 Million | $444.14 Million | $254.07 Million | ▲ +6.2 pp |
| 2015 | 32.2% | $223.89 Million | $694.90 Million | $369.80 Million | $145.92 Million | ▲ +8.7 pp |
| 2014 | 23.5% | $248.14 Million | $1.05 Billion | $385.27 Million | $137.13 Million | ▼ -8.1 pp |
| 2013 | 31.7% | $348.77 Million | $1.10 Billion | $476.63 Million | $127.86 Million | ▲ +11.2 pp |
| 2012 | 20.4% | $265.74 Million | $1.30 Billion | $366.35 Million | $100.61 Million | ▲ +26.5 pp |
| 2011 | -6.1% | $-78.28 Million | $1.29 Billion | $284.50 Million | $362.78 Million | ▼ -17.1 pp |
| 2010 | 11.1% | $125.91 Million | $1.14 Billion | $225.87 Million | $99.96 Million | ▼ -4.2 pp |
| 2009 | 15.3% | $148.15 Million | $969.77 Million | $280.65 Million | $132.50 Million | ▲ +10.8 pp |
| 2008 | 4.4% | $27.17 Million | $613.53 Million | $130.36 Million | $103.19 Million | ▲ +0.7 pp |
| 2007 | 3.7% | $19.46 Million | $527.92 Million | $95.87 Million | $76.41 Million | ▼ -10.1 pp |
| 2006 | 13.8% | $64.12 Million | $465.46 Million | $99.83 Million | $35.70 Million | ▲ +18.1 pp |
| 2005 | -4.3% | $-4.39 Million | $100.90 Million | $22.34 Million | $26.73 Million | ▼ -24.7 pp |
| 2002 | 20.3% | $5.89 Million | $29.01 Million | $51.82 Million | $45.92 Million | ▲ +36.4 pp |
| 2001 | -16.1% | $-3.78 Million | $23.52 Million | $22.73 Million | $26.51 Million | ▼ -13.3 pp |
| 2000 | -2.8% | $-700.00K | $24.75 Million | $23.77 Million | $24.47 Million | ▼ -13.6 pp |
| 1999 | 10.7% | $3.54 Million | $32.95 Million | $32.80 Million | $29.26 Million | ▼ -33.5 pp |
| 1998 | 44.2% | $22.90 Million | $51.80 Million | $45.20 Million | $22.30 Million | ▼ -25.8 pp |
| 1997 | 70.0% | $17.30 Million | $24.70 Million | $23.40 Million | $6.10 Million | ▲ +35.2 pp |
| 1996 | 34.9% | $3.00 Million | $8.60 Million | $9.00 Million | $6.00 Million | ▲ +34.9 pp |
| 1995 | 0.0% | $0.00 | $5.60 Million | $6.00 Million | $6.00 Million | ▲ +34.1 pp |
| 1994 | -34.1% | $-1.50 Million | $4.40 Million | $4.10 Million | $5.60 Million | ▼ -567.4 pp |
| 1993 | 533.3% | $-3.20 Million | $-600.00K | $4.40 Million | $7.60 Million | ▲ +470.7 pp |
| 1992 | 62.6% | $-7.20 Million | $-11.50 Million | $2.00 Million | $9.20 Million | ▲ +155.2 pp |
| 1991 | -92.6% | $2.50 Million | $-2.70 Million | $8.90 Million | $6.40 Million | ▼ -210.5 pp |
| 1990 | 117.9% | $7.90 Million | $6.70 Million | $11.10 Million | $3.20 Million | ▼ -298.8 pp |
| 1989 | 416.7% | $10.00 Million | $2.40 Million | $12.10 Million | $2.10 Million | — |