Balance Sheet Dive: Icon Energy Corp (ICON)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $0.14 in the prior trading day, Icon Energy Corp (NASDAQ: ICON) closed at $0.11, down -19.26%. In other words, the price has decreased by -$19.26 from its previous closing price. On the day, 24.4 million shares were traded. ICON stock price reached its highest trading level at $0.1275 during the session, while it also had its lowest trading level at $0.1055.

Ratios:

Our goal is to gain a better understanding of ICON by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.29 whereas as Long-Term Debt/Eq ratio is at 1.10.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ICON now has a Market Capitalization of 3171847 and an Enterprise Value of 15044210. As of this moment, Icon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.01. Its current Enterprise Value per Revenue stands at 3.128 whereas that against EBITDA is 8.95.

Stock Price History:

Over the past 52 weeks, ICON has reached a high of $3.85, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -85.73%, while the 200-Day Moving Average is calculated to be -94.33%.

Shares Statistics:

The stock has traded on average 10.15M shares per day over the past 3-months and 47572090 shares per day over the last 10 days, according to various share statistics. A total of 10.61M shares are outstanding, with a floating share count of 9.68M. Insiders hold about 8.80% of the company’s shares, while institutions hold 5.10% stake in the company. Shares short for ICON as of 1740700800 were 1932815 with a Short Ratio of 0.25, compared to 1738281600 on 1455139.

Dividends & Splits

In the trailing 12 months, ICON’s forward annual dividend rate was 0.165, compared to 0.17 this year. Against a Trailing Annual Dividend Yield of 1.2132353

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