Iconic Labs (LSE:ICON) Debt-to-Equity : -0.67 (As of Dec. 2023)

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What is Iconic Labs Debt-to-Equity?

Iconic Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.83 Mil. Iconic Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Iconic Labs's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £-2.74 Mil. Iconic Labs's debt to equity for the quarter that ended in Dec. 2023 was -0.67.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Iconic Labs's Debt-to-Equity or its related term are showing as below:

LSE:ICON' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.93 Med: -0.55 Max: 1.11
Current: -0.67

During the past 9 years, the highest Debt-to-Equity Ratio of Iconic Labs was 1.11. The lowest was -1.93. And the median was -0.55.

LSE:ICON's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs LSE:ICON: -0.67

Iconic Labs Debt-to-Equity Historical Data

The historical data trend for Iconic Labs's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iconic Labs Debt-to-Equity Chart

Iconic Labs Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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-1.87

-0.56

-0.30

-0.27

-0.53

Iconic Labs Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											-0.30	-0.27	-0.43	-0.53	-0.67

Competitive Comparison of Iconic Labs's Debt-to-Equity

For the Advertising Agencies subindustry, Iconic Labs's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Iconic Labs's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Iconic Labs's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Iconic Labs's Debt-to-Equity falls into.

Iconic Labs Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Iconic Labs's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.94	+	0)	/	-3.64
	=	-0.53

Iconic Labs's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.827	+	0)	/	-2.742
	=	-0.67

Iconic Labs (LSE:ICON) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Iconic Labs Debt-to-Equity Related Terms

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Iconic Labs (LSE:ICON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Iconic Labs PLC (LSE:ICON) » Definitions » Debt-to-Equity

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W0G:Germany

Address

7 Bell Yard, London, GBR, WC2A 2JR

Website

https://www.iconiclabs.co.uk

Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence, and big data gathering, processing and analysis sectors. Its asset Gay Star News ("GSN"), an online media platform is dedicated to the LGBTQ+ community that intends to continue developing with strategic partners.