Icon Historical Financial Ratios
| ICON Stock | USD 2.84 0.06 2.16% |
Icon Energy is lately reporting on over 73 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.47 or Days Sales Outstanding of 16.04 will help investors to properly organize and evaluate Icon Energy Corp financial condition quickly.
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About Icon Financial Ratios Analysis
Icon Energy CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Icon Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Icon financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Icon Energy history.
Icon Energy Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Icon Energy Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Icon Energy sales, a figure that is much harder to manipulate than other Icon Energy Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Icon Energy Corp dividend as a percentage of Icon Energy stock price. Icon Energy Corp dividend yield is a measure of Icon Energy stock productivity, which can be interpreted as interest rate earned on an Icon Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Icon Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Icon Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Icon Energy's Inventory Turnover is very stable compared to the past year. As of the 26th of November 2024, Net Income Per Share is likely to grow to 0.99, while Price To Sales Ratio is likely to drop 0.97.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.68 | 0.73 | 0.46 | Price To Sales Ratio | 0.54 | 1.02 | 0.97 |
Icon Energy fundamentals Correlations
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Icon Energy Account Relationship Matchups
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Icon Energy fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.03 | 0.0957 | 0.65 | 0.54 | 1.02 | 0.97 | |
| Ptb Ratio | (0.0642) | (0.0542) | 0.3 | 0.27 | 0.5 | 0.47 | |
| Days Sales Outstanding | 122.78 | 139.69 | 24.06 | 14.37 | 16.88 | 16.04 | |
| Book Value Per Share | (24.28) | (27.36) | 10.34 | 11.64 | 7.45 | 7.08 | |
| Free Cash Flow Yield | 1.66 | 1.63 | 0.93 | 0.97 | 0.55 | 0.42 | |
| Operating Cash Flow Per Share | 2.87 | 2.12 | 3.32 | 3.24 | 2.04 | 1.93 | |
| Capex To Depreciation | 3.65 | 0.5 | 0.91 | 0.22 | 0.0212 | 0.0202 | |
| Pb Ratio | (0.0642) | (0.0542) | 0.3 | 0.27 | 0.5 | 0.47 | |
| Ev To Sales | 3.27 | 4.06 | 0.24 | 0.0449 | 0.41 | 0.39 | |
| Free Cash Flow Per Share | 2.24 | 2.05 | 2.92 | 3.06 | 2.02 | 1.92 | |
| Roic | 0.16 | 0.2 | 0.26 | 0.29 | 0.12 | 0.11 | |
| Capex To Revenue | 0.0175 | 0.0445 | 0.0824 | 0.0311 | 0.004915 | 0.004669 | |
| Cash Per Share | 5.25 | 6.79 | 1.97 | 2.89 | 2.2 | 2.09 | |
| Pocfratio | 0.1 | 0.47 | 0.6 | 0.95 | 0.97 | 1.82 | |
| Interest Coverage | 0.92 | 1.1 | (0.45) | 368.33 | 331.5 | 348.08 | |
| Capex To Operating Cash Flow | 0.22 | 0.0295 | 0.12 | 0.0564 | 0.008782 | 0.008343 | |
| Pfcf Ratio | 0.6 | 0.61 | 1.08 | 1.03 | 1.83 | 1.74 | |
| Income Quality | (0.27) | (0.2) | 1.23 | 0.94 | 2.17 | 1.91 | |
| Roe | 0.9 | 0.5 | 0.45 | 0.26 | 0.3 | 0.13 | |
| Ev To Operating Cash Flow | 19.94 | 0.94 | 0.36 | 0.0814 | 0.74 | 0.7 | |
| Pe Ratio | (0.13) | (0.12) | 1.17 | 0.91 | 3.94 | 3.74 | |
| Return On Tangible Assets | (0.54) | (1.02) | 0.23 | 0.29 | 0.0897 | 0.0941 | |
| Ev To Free Cash Flow | 25.52 | 0.97 | 0.4 | 0.0863 | 0.75 | 0.71 | |
| Earnings Yield | (7.82) | (8.38) | 0.86 | 1.09 | 0.25 | 0.27 | |
| Intangibles To Total Assets | 0.61 | 0.58 | 0.59 | 0.73 | 0.66 | 0.45 | |
| Net Debt To E B I T D A | (13.31) | (0.28) | (0.63) | (0.67) | (1.23) | (1.29) | |
| Current Ratio | 1.01 | 1.49 | 1.6 | 14.63 | 0.81 | 0.77 | |
| Tangible Book Value Per Share | (52.71) | (55.64) | 10.34 | 11.64 | 7.45 | 7.82 | |
| Receivables Turnover | 2.97 | 2.61 | 15.17 | 25.41 | 21.62 | 11.39 | |
| Graham Number | 70.67 | 74.3 | 25.04 | 30.05 | 12.55 | 11.92 | |
| Shareholders Equity Per Share | (21.02) | (23.24) | 10.34 | 11.64 | 7.45 | 7.08 | |
| Debt To Equity | (38.71) | (6.05) | (2.91) | (0.25) | (0.29) | (0.31) | |
| Capex Per Share | 0.63 | 0.0624 | 0.4 | 0.18 | 0.0179 | 0.017 | |
| Graham Net Net | (62.9) | (57.29) | 0.73 | 2.89 | (0.67) | (0.71) |
Pair Trading with Icon Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Icon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Icon Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Icon Stock
| 0.48 | DAC | Danaos | PairCorr |
| 0.46 | NMM | Navios Maritime Partners | PairCorr |
| 0.41 | PXSAP | Pyxis Tankers | PairCorr |
| 0.32 | OP | Oceanpal | PairCorr |
The ability to find closely correlated positions to Icon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Icon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Icon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Icon Energy Corp to buy it.
The correlation of Icon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Icon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Icon Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Icon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icon Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Icon Energy. If investors know Icon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Icon Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Earnings Share 0.95 | Revenue Per Share 24.43 | Quarterly Revenue Growth 0.178 |
The market value of Icon Energy Corp is measured differently than its book value, which is the value of Icon that is recorded on the company's balance sheet. Investors also form their own opinion of Icon Energy's value that differs from its market value or its book value, called intrinsic value, which is Icon Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Icon Energy's market value can be influenced by many factors that don't directly affect Icon Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icon Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.