Icoreconnect Common Stock Stock Retained Earnings

ICCT Stock

USD 0.17 0.01 5.56%

iCoreConnect Common stock fundamentals help investors to digest information that contributes to ICoreConnect Common's financial success or failures. It also enables traders to predict the movement of ICoreConnect Stock. The fundamental analysis module provides a way to measure ICoreConnect Common's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ICoreConnect Common stock.

	Last Reported	Projected for Next Year
Retained Earnings	-115 M	-109.3 M
Retained Earnings Total Equity	-80 M	-76 M

Retained Earnings is likely to gain to about (109.3 M) in 2024. Retained Earnings Total Equity is likely to gain to about (76 M) in 2024.

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iCoreConnect Common stock Company Retained Earnings Analysis

ICoreConnect Common's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

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Dividends

More About Retained Earnings | All Equity Analysis

Current ICoreConnect Common Retained Earnings

(115.04 M)

Most of ICoreConnect Common's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iCoreConnect Common stock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ICoreConnect Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for ICoreConnect Common is extremely important. It helps to project a fair market value of ICoreConnect Stock properly, considering its historical fundamentals such as Retained Earnings. Since ICoreConnect Common's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ICoreConnect Common's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ICoreConnect Common's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Accounts Payable	Net Tangible Assets	Long Term Debt	Short Long Term Debt	Property Plant Equipment	Net Invested Capital	Capital Stock	Net Working Capital	Capital Surpluse
Total Assets		0.73	-0.45	0.3	-0.53	0.8	0.86	0.1	0.93	0.36	0.65	-0.43	0.17	-0.04	-0.17	0.02	0.35	0.89	-0.21	-0.77	-0.81
Total Stockholder Equity	0.73		-0.34	-0.33	-0.31	0.68	0.67	-0.58	0.55	-0.08	0.77	-0.85	-0.05	0.41	-0.5	-0.42	0.38	0.51	-0.06	-0.38	-0.45
Current Deferred Revenue	-0.45	-0.34		-0.06	0.18	-0.41	-0.46	-0.06	-0.41	-0.56	-0.46	0.29	-0.38	0.15	-0.15	-0.14	-0.49	-0.36	-0.2	0.37	0.26
Net Debt	0.3	-0.33	-0.06		-0.34	0.27	0.33	0.88	0.41	0.62	-0.13	0.48	0.26	-0.52	0.37	0.56	0.05	0.44	0.07	-0.6	-0.29
Retained Earnings	-0.53	-0.31	0.18	-0.34		-0.67	-0.73	-0.13	-0.72	-0.33	0.13	0.37	0.03	-0.5	0.65	0.49	-0.55	-0.78	-0.03	0.74	0.65
Net Receivables	0.8	0.68	-0.41	0.27	-0.67		0.92	-0.05	0.78	0.36	0.51	-0.56	0.02	0.25	-0.41	-0.26	0.61	0.82	0.19	-0.75	-0.62
Good Will	0.86	0.67	-0.46	0.33	-0.73	0.92		0.05	0.82	0.38	0.52	-0.52	0.08	0.26	-0.42	-0.26	0.63	0.85	0.21	-0.85	-0.66
Total Liab	0.1	-0.58	-0.06	0.88	-0.13	-0.05	0.05		0.26	0.59	-0.27	0.73	0.3	-0.66	0.56	0.69	-0.1	0.26	-0.09	-0.33	-0.18
Total Current Assets	0.93	0.55	-0.41	0.41	-0.72	0.78	0.82	0.26		0.5	0.34	-0.34	0.17	0.0	-0.24	-0.02	0.31	0.98	-0.32	-0.81	-0.92
Short Term Debt	0.36	-0.08	-0.56	0.62	-0.33	0.36	0.38	0.59	0.5		0.06	0.0	0.15	-0.36	0.22	0.42	0.07	0.48	-0.03	-0.58	-0.32
Intangible Assets	0.65	0.77	-0.46	-0.13	0.13	0.51	0.52	-0.27	0.34	0.06		-0.47	0.12	-0.07	0.04	0.09	0.27	0.27	0.12	-0.26	-0.15
Common Stock	-0.43	-0.85	0.29	0.48	0.37	-0.56	-0.52	0.73	-0.34	0.0	-0.47		0.18	-0.67	0.72	0.67	-0.34	-0.34	-0.05	0.31	0.28
Accounts Payable	0.17	-0.05	-0.38	0.26	0.03	0.02	0.08	0.3	0.17	0.15	0.12	0.18		-0.33	0.31	0.27	0.19	0.15	0.07	-0.15	-0.12
Net Tangible Assets	-0.04	0.41	0.15	-0.52	-0.5	0.25	0.26	-0.66	0.0	-0.36	-0.07	-0.67	-0.33		-0.95	-0.98	0.42	0.06	0.26	-0.04	0.01
Long Term Debt	-0.17	-0.5	-0.15	0.37	0.65	-0.41	-0.42	0.56	-0.24	0.22	0.04	0.72	0.31	-0.95		0.94	-0.34	-0.29	-0.12	0.25	0.23
Short Long Term Debt	0.02	-0.42	-0.14	0.56	0.49	-0.26	-0.26	0.69	-0.02	0.42	0.09	0.67	0.27	-0.98	0.94		-0.43	-0.09	-0.22	0.04	0.07
Property Plant Equipment	0.35	0.38	-0.49	0.05	-0.55	0.61	0.63	-0.1	0.31	0.07	0.27	-0.34	0.19	0.42	-0.34	-0.43		0.41	0.53	-0.4	-0.18
Net Invested Capital	0.89	0.51	-0.36	0.44	-0.78	0.82	0.85	0.26	0.98	0.48	0.27	-0.34	0.15	0.06	-0.29	-0.09	0.41		-0.26	-0.82	-0.91
Capital Stock	-0.21	-0.06	-0.2	0.07	-0.03	0.19	0.21	-0.09	-0.32	-0.03	0.12	-0.05	0.07	0.26	-0.12	-0.22	0.53	-0.26		-0.09	0.49
Net Working Capital	-0.77	-0.38	0.37	-0.6	0.74	-0.75	-0.85	-0.33	-0.81	-0.58	-0.26	0.31	-0.15	-0.04	0.25	0.04	-0.4	-0.82	-0.09		0.7
Capital Surpluse	-0.81	-0.45	0.26	-0.29	0.65	-0.62	-0.66	-0.18	-0.92	-0.32	-0.15	0.28	-0.12	0.01	0.23	0.07	-0.18	-0.91	0.49	0.7

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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

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Retained Earnings Over Time

Based on the latest financial disclosure, iCoreConnect Common stock has a Retained Earnings of (115.04 Million). This is 112.35% lower than that of the Health Care Technology sector and significantly lower than that of the Health Care industry. The retained earnings for all United States stocks is 101.23% higher than that of the company.

ICoreConnect Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ICoreConnect Common's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ICoreConnect Common could also be used in its relative valuation, which is a method of valuing ICoreConnect Common by comparing valuation metrics of similar companies.

ICoreConnect Common is currently under evaluation in retained earnings category among its peers.

ICoreConnect Common Current Valuation Drivers

We derive many important indicators used in calculating different scores of ICoreConnect Common from analyzing ICoreConnect Common's financial statements. These drivers represent accounts that assess ICoreConnect Common's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ICoreConnect Common's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	52.7M	7.6M	16.2M	15.3M	9.1M	8.7M
Enterprise Value	53.2M	9.2M	20.1M	21.9M	15.8M	15.0M

ICoreConnect Fundamentals

	Return On Equity	-10.42
	Return On Asset	-0.66
	Profit Margin	(2.61) %
	Operating Margin	(0.88) %
	Current Valuation	15.93 M
	Shares Outstanding	24.32 M
	Shares Owned By Insiders	33.45 %
	Shares Owned By Institutions	9.10 %
	Number Of Shares Shorted	202.98 K
	Price To Book	8.91 X
	Price To Sales	0.41 X
	Revenue	8.15 M
	Gross Profit	3.38 M
	EBITDA	(11.88 M)
	Net Income	(15.55 M)
	Cash And Equivalents	164.26 K
	Total Debt	7.88 M
	Current Ratio	0.35 X
	Book Value Per Share	0.44 X
	Cash Flow From Operations	(8.82 M)
	Short Ratio	0.02 X
	Earnings Per Share	(3.16) X
	Target Price	0.5
	Number Of Employees	67
	Beta	0.68
	Market Capitalization	4.16 M
	Total Asset	15.69 M
	Retained Earnings	(115.04 M)
	Working Capital	(5.37 M)
	Net Asset	15.69 M

About ICoreConnect Common Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze iCoreConnect Common stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ICoreConnect Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iCoreConnect Common stock based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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