ICoreConnect Return On Equity from 2010 to 2024

ICCT Stock  USD 0.17  0.01  5.56%   
ICoreConnect Common Return On Equity yearly trend continues to be comparatively stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of iCoreConnect Common stock in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(3.50)
Current Value
(3.32)
Quarterly Volatility
4.17707365
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of iCoreConnect Common stock over the last few years. Return on Equity is the amount of iCoreConnect Common stock net income returned as a percentage of ICoreConnect Common equity. Return on equity measures ICoreConnect Common profitability by revealing how much profit iCoreConnect Common stock generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. ICoreConnect Common's Return On Equity 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.
ViewLast Reported -10.4210 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

ICoreConnect Return On Equity Regression Statistics

Arithmetic Mean0.76
Geometric Mean2.36
Coefficient Of Variation548.75
Mean Deviation3.35
Median0.58
Standard Deviation4.18
Sample Variance17.45
Range14.2609
R-Value(0.24)
Mean Square Error17.68
R-Squared0.06
Significance0.38
Slope(0.23)
Total Sum of Squares244.27

ICoreConnect Return On Equity History

2024 -3.32
2023 -3.5
2022 2.94
2021 -5.77
2020 5.85
2019 -6.78
2018 7.48

About ICoreConnect Common Financial Statements

ICoreConnect Common shareholders use historical fundamental indicators, such as Return On Equity, 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 Equity(3.50)(3.32)

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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.