Icon Energy Corp. (ICON) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q4'23 | Q3'23 | Q4'22 | Q1'21 | Q4'20 | Q3'20 | Q2'20 | Q1'20 | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 |
|---|
| Total Current Assets | 10.67M | 5.03M | 5.03M | 4.68M | 8.39M | 1.29M | 3.02M | 3.02M | 2.2M | 4.04M | 95.39M | 100.03M | 122.27M | 104.22M | 109.66M | 133.67M | 139.64M | 144.28M | 139.01M | 153.16M |
| Cash & Short-Term Investments | 8.98M | 3.88M | 3.97M | 3.79M | 7.72M | 946K | 1.82M | 2.7M | 1.78M | 3.55M | 48.18M | 65.54M | 70.53M | 50.65M | 40.39M | 55.47M | 44.04M | 52.43M | 55.95M | 66.61M |
| Cash Only | 8.98M | 3.88M | 3.97M | 3.79M | 7.72M | 946K | 1.82M | 2.7M | 1.78M | 3.55M | 48.18M | 49.8M | 70.53M | 50.65M | 40.39M | 55.47M | 44.04M | 52.43M | 55.95M | 66.61M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.75M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 882K | 278K | 106K | 160K | 286K | 0 | 0 | 207K | 295K | 285K | 31.45M | 24.74M | 31.14M | 32.35M | 42.12M | 57.02M | 69.6M | 67.04M | 61.19M | 63.13M |
| Days Sales Outstanding | 14.32 | 5 | 2.93 | 10.04 | 16.88 | - | - | 18.8 | 28.18 | 1.11K | 106.97 | - | 119.39 | 152.1 | 161.38 | 134.89 | 177.2 | 169.62 | 155.65 | 142.55 |
| Inventory | 238K | 314K | 281K | 294K | 187K | 133K | 0 | 57K | 85K | 134K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 10.15 | 9.71 | 10.96 | 11.45 | 9.14 | 7.6 | - | 21.42 | 12.71 | 41.03 | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 215K | 232K | 297K | 234K | 43K | 39K | 1.2M | 13K | 3K | 25K | 15.76M | 9.75M | 20.6M | 21.21M | 27.15M | 21.18M | 26M | 24.82M | 21.88M | 23.42M |
| Total Non-Current Assets | 52.7M | 53.41M | 52.98M | 53.99M | 29.38M | 27.5M | 27.53M | 9.86M | 9.78M | 10.56M | 305.99M | 272.88M | 323.32M | 348.81M | 355.59M | 372.39M | 460.38M | 489.86M | 483.98M | 478.91M |
| Property, Plant & Equipment | 50.41M | 51.27M | 52.14M | 53.02M | 25.53M | 26.1M | 26.66M | 9.2M | 9.35M | 9.86M | 6.29M | 0 | 7.19M | 7.72M | 8.18M | 8.8M | 10.99M | 11.74M | 12.47M | 4.88M |
| Fixed Asset Turnover | 0.07x | 0.07x | 0.08x | 0.05x | 0.06x | 0.07x | 0.05x | 0.13x | 0.10x | 0.16x | 3.76x | - | 3.28x | 2.80x | 3.29x | 4.36x | 3.12x | 2.84x | 4.14x | 8.41x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M | 26.1M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 242.4M | 246.79M | 253.59M | 254.27M | 258.61M | 274.08M | 337.18M | 340.84M | 336.13M | 337.7M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.82M | 15.75M | 21.95M | 43.42M | 43.3M | 44.83M | 70.67M | 89.58M | 88.56M | 89.69M |
| Other Non-Current Assets | 2.29M | 2.14M | 840K | 972K | 3.85M | 1.41M | 864K | 657K | 430K | 697K | 15.4M | -15.75M | 14.5M | 17.31M | 19.4M | 18.59M | 15.45M | 21.6M | 20.71M | 20.54M |
| Total Assets | 63.37M | 58.44M | 58.01M | 58.67M | 37.77M | 28.8M | 30.55M | 12.88M | 11.98M | 14.6M | 401.38M | 372.92M | 445.59M | 453.03M | 465.25M | 506.06M | 600.02M | 634.14M | 622.99M | 632.08M |
| Asset Turnover | 0.06x | 0.06x | 0.07x | 0.04x | 0.05x | 0.06x | 0.04x | 0.10x | 0.07x | 0.01x | 0.06x | - | 0.05x | 0.05x | 0.06x | 0.08x | 0.06x | 0.05x | 0.06x | 0.06x |
| Asset Growth % | 67.78% | 102.97% | 89.89% | - | - | 123.53% | 155.02% | -11.75% | - | - | -13.73% | -26.31% | -25.74% | -28.56% | -25.32% | -19.94% | -15.64% | -13.15% | -26.91% | -27.39% |
| Total Current Liabilities | 4.14M | 4.59M | 4.03M | 4.38M | 2.9M | 3.33M | 0 | 3.71M | 214K | 276K | 65.9M | 67.24M | 93.53M | 93.97M | 93.51M | 131.96M | 131.17M | 133.55M | 114.03M | 114.31M |
| Accounts Payable | 952K | 1.36M | 853K | 667K | 574K | 394K | 0 | 85K | 103K | 179K | 0 | 29.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | 42.57 | 36.17 | 28.96 | 29.53 | 27.66 | 22.5 | - | 28.35 | 16.37 | 54.81 | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 1.47M | 1.09M | 723K | 1.22M | 1.72M | 2.21M | 0 | 0 | 0 | 0 | 31.51M | 28.43M | 42.77M | 30.93M | 32.26M | 61.98M | 61.42M | 67.16M | 61.39M | 54.26M |
| Deferred Revenue (Current) | 89K | 140K | 152K | 166K | 175K | 135K | 0 | 247K | 0 | 0 | 4.71M | 5.09M | 4.68M | 5.01M | 5.66M | 4.7M | 5.88M | 7.59M | 7.42M | 5.41M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29.68M | 3.86M | 46.08M | 58.04M | 55.6M | 65.28M | 63.87M | 58.8M | 45.22M | 54.64M |
| Current Ratio | 2.57x | 1.10x | 1.25x | 1.07x | 2.90x | 0.39x | - | 0.81x | 10.27x | 14.63x | 1.45x | 1.49x | 1.31x | 1.11x | 1.17x | 1.01x | 1.06x | 1.08x | 1.22x | 1.34x |
| Quick Ratio | 2.52x | 1.03x | 1.18x | 1.00x | 2.83x | 0.35x | - | 0.80x | 9.87x | 14.15x | 1.45x | 1.49x | 1.31x | 1.11x | 1.17x | 1.01x | 1.06x | 1.08x | 1.22x | 1.34x |
| Cash Conversion Cycle | -18.1 | -21.46 | -15.08 | -8.05 | -1.64 | - | - | 11.87 | 24.52 | 1.1K | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 31.62M | 32.48M | 33.34M | 33.82M | 13.54M | 13.72M | 17.91M | 0 | 0 | 0 | 558.35M | 28.43M | 568.84M | 653.39M | 650.09M | 630.46M | 633.35M | 624.03M | 631.42M | 663.5M |
| Long-Term Debt | 12.07M | 12.62M | 13.18M | 13.36M | 13.54M | 13.72M | 16.21M | 0 | 0 | 0 | 518.22M | 28.43M | 540.78M | 603.15M | 602.73M | 583.75M | 583.68M | 574.98M | 586.67M | 620.97M |
| Capital Lease Obligations | 19.55M | 19.86M | 20.16M | 20.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.74M | 0 | 4.65M | 4.62M | 4.56M | 4.46M | 5.51M | 5.51M | 4.85M | 4.57M |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.7M | 0 | 0 | 0 | 34.38M | 0 | 23.41M | 45.63M | 42.8M | 42.26M | 44.15M | 43.54M | 39.91M | 37.97M |
| Total Liabilities | 35.76M | 37.07M | 37.37M | 38.2M | 16.43M | 17.05M | 17.91M | 3.71M | 214K | 276K | 624.25M | 637M | 662.37M | 747.37M | 743.6M | 762.42M | 764.52M | 757.58M | 745.45M | 777.81M |
| Total Debt | 34.3M | 34.76M | 35.23M | 36.18M | 15.25M | 15.93M | 16.21M | 0 | 0 | 0 | 549.73M | 56.87M | 583.55M | 634.07M | 634.99M | 645.72M | 645.1M | 642.14M | 648.06M | 675.23M |
| Net Debt | 25.32M | 30.88M | 31.26M | 32.39M | 7.54M | 14.98M | 14.38M | -2.7M | -1.78M | -3.55M | 501.54M | 7.07M | 513.02M | 583.42M | 594.6M | 590.26M | 601.06M | 589.72M | 592.11M | 608.62M |
| Debt / Equity | 1.24x | 1.63x | 1.71x | 1.77x | 0.72x | 1.36x | 1.28x | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 30.32x | 30.84x | 15.57x | 98.32x | - | - | - | - | - | - | 52.16x | - | 40.11x | 86.87x | 58.79x | 32.24x | 70.49x | 35.76x | 36.31x | 175.11x |
| Net Debt / EBITDA | 22.38x | 27.40x | 13.82x | 88.03x | - | - | - | -4.11x | -27.34x | -5.01x | 47.58x | - | 35.27x | 79.93x | 55.05x | 29.47x | 65.68x | 32.84x | 33.18x | 157.84x |
| Interest Coverage | 1.61x | -0.01x | 1.07x | -0.86x | -0.80x | -0.97x | -6.33x | 404.00x | 65.00x | 454.00x | 1.63x | -5.75x | 3.58x | 0.03x | -0.24x | -5.17x | -1.41x | 1.23x | 2.60x | -3.37x |
| Total Equity | 27.6M | 21.38M | 20.64M | 20.46M | 21.33M | 11.75M | 12.64M | 9.17M | 11.77M | 14.32M | -275.58M | -224.27M | -216.78M | -267.49M | -247M | -221.9M | -129.56M | -89.1M | -92.62M | -111.6M |
| Equity Growth % | 29.38% | 82% | 63.29% | - | - | 28.11% | 7.44% | -35.98% | - | - | -11.57% | -1.07% | -67.32% | -200.22% | -166.69% | -98.84% | -221.76% | -37.05% | -564.83% | -439.41% |
| Book Value per Share | 11.34 | 17.37 | 16.78 | 16.63 | 17.34 | 9.55 | 10.27 | 7.45 | 9.56 | 11.64 | -999999.00 | -34.27 | -33.12 | -22.56 | -20.98 | -18.94 | -11.14 | -8.59 | -10.83 | -14.60 |
| Total Shareholders' Equity | 27.6M | 21.38M | 20.64M | 20.46M | 21.33M | 11.75M | 12.64M | 9.17M | 11.77M | 14.32M | -275.58M | -224.27M | -216.78M | -267.49M | -247M | -221.9M | -129.56M | -89.1M | -92.62M | -111.6M |
| Common Stock | 3K | 1K | 2K | 2K | 2K | 0 | 0 | 0 | 0 | 0 | 18K | 16K | 16K | 15K | 15K | 15K | 15K | 15K | 12K | 11K |
| Retained Earnings | -3.65M | -4.07M | -3.49M | -3.57M | -2.85M | 128K | 0 | 577K | 1.2M | 2.73M | -433.25M | 0 | -422.31M | -468.04M | -450.6M | -429.12M | -329.29M | -293.58M | -294.46M | -312.8M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -49.08M | -42.63M | -48.93M | -54.67M | -57.01M | -54.64M | -57.72M | -53.67M | -54.79M | -53.07M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |