ICoreConnect Return On Assets from 2010 to 2024

ICCT Stock  USD 0.17  0.01  5.56%   
ICoreConnect Common Return On Assets yearly trend continues to be comparatively stable with very little volatility. Return On Assets will likely drop to -1.04 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit iCoreConnect Common stock earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.99)
Current Value
(1.04)
Quarterly Volatility
5.97546458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICoreConnect Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICoreConnect Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 699.2 K, Interest Expense of 2.5 M or Selling General Administrative of 13.8 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0 or PTB Ratio of 1.95. ICoreConnect financial statements analysis is a perfect complement when working with ICoreConnect Common Valuation or Volatility modules.
  
Check out the analysis of ICoreConnect Common Correlation against competitors.

Latest ICoreConnect Common's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of iCoreConnect Common stock over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. ICoreConnect Common's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICoreConnect Common's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

ICoreConnect Return On Assets Regression Statistics

Arithmetic Mean(3.71)
Geometric Mean2.04
Coefficient Of Variation(161.15)
Mean Deviation3.78
Median(1.37)
Standard Deviation5.98
Sample Variance35.71
Range22.6082
R-Value0.48
Mean Square Error29.65
R-Squared0.23
Significance0.07
Slope0.64
Total Sum of Squares499.89

ICoreConnect Return On Assets History

2024 -1.04
2023 -0.99
2022 -1.12
2021 -0.88
2020 -1.37
2019 -1.25
2018 -4.13

About ICoreConnect Common Financial Statements

ICoreConnect Common shareholders use historical fundamental indicators, such as Return On Assets, to determine how well the company is positioned to perform in the future. Although ICoreConnect Common investors may analyze each financial statement separately, they are all interrelated. The changes in ICoreConnect Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on ICoreConnect Common's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets(0.99)(1.04)

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Additional Tools for ICoreConnect Stock Analysis

When running ICoreConnect Common's price analysis, check to measure ICoreConnect Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICoreConnect Common is operating at the current time. Most of ICoreConnect Common's value examination focuses on studying past and present price action to predict the probability of ICoreConnect Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect Common's price. Additionally, you may evaluate how the addition of ICoreConnect Common to your portfolios can decrease your overall portfolio volatility.