ICoreConnect Historical Balance Sheet

ICCT Stock  USD 0.17  0.01  5.56%   
Trend analysis of iCoreConnect Common stock balance sheet accounts such as Other Current Liabilities of 5.4 M or Total Current Liabilities of 5.7 M provides information on ICoreConnect Common's total assets, liabilities, and equity, which is the actual value of iCoreConnect Common stock to its prevalent stockholders. By breaking down trends over time using ICoreConnect Common balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining iCoreConnect Common stock latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether iCoreConnect Common stock is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iCoreConnect Common stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About ICoreConnect Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of iCoreConnect Common stock at a specified time, usually calculated after every quarter, six months, or one year. ICoreConnect Common Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ICoreConnect Common and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ICoreConnect currently owns. An asset can also be divided into two categories, current and non-current.

ICoreConnect Common Balance Sheet Chart

At this time, ICoreConnect Common's Good Will is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 7.7 M in 2024, whereas Current Deferred Revenue is likely to drop slightly above 113.6 K in 2024.

Total Assets

Total assets refers to the total amount of ICoreConnect Common assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in iCoreConnect Common stock books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of iCoreConnect Common stock balance sheet. This account contains ICoreConnect Common investments that will expire within one year. These investments include stocks and bonds that can be liquidated by iCoreConnect Common stock fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from ICoreConnect Common's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into iCoreConnect Common stock current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 iCoreConnect Common stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, ICoreConnect Common's Good Will is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 7.7 M in 2024, whereas Current Deferred Revenue is likely to drop slightly above 113.6 K in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.0M6.7M7.9M4.6M
Total Assets6.6M6.6M15.7M16.5M

ICoreConnect Common balance sheet Correlations

0.380.570.110.730.86-0.450.3-0.530.850.990.850.80.860.79-0.260.680.10.930.360.65-0.430.170.640.87-0.41
0.380.60.66-0.270.57-0.120.99-0.360.420.350.430.30.370.480.630.430.890.490.66-0.060.440.270.540.59-0.17
0.570.60.770.040.73-0.570.55-0.530.720.570.720.460.570.60.190.650.60.710.780.110.040.20.50.73-0.33
0.110.660.77-0.460.29-0.390.63-0.130.360.110.370.010.070.120.640.210.810.290.86-0.190.420.250.350.320.0
0.73-0.270.04-0.460.48-0.34-0.33-0.310.430.740.430.680.670.5-0.780.38-0.580.55-0.080.77-0.85-0.050.190.46-0.38
0.860.570.730.290.48-0.40.52-0.770.790.830.790.760.870.92-0.130.780.290.920.550.3-0.360.170.660.98-0.47
-0.45-0.12-0.57-0.39-0.34-0.4-0.060.18-0.38-0.46-0.4-0.41-0.46-0.330.04-0.52-0.06-0.41-0.56-0.460.29-0.380.14-0.390.38
0.30.990.550.63-0.330.52-0.06-0.340.320.260.330.270.330.440.670.380.880.410.62-0.130.480.260.50.54-0.14
-0.53-0.36-0.53-0.13-0.31-0.770.18-0.34-0.52-0.46-0.52-0.67-0.73-0.90.25-0.78-0.13-0.72-0.330.130.370.03-0.5-0.770.58
0.850.420.720.360.430.79-0.380.32-0.520.841.00.510.630.65-0.030.630.330.910.420.33-0.170.220.740.82-0.24
0.990.350.570.110.740.83-0.460.26-0.460.840.840.790.850.74-0.280.630.090.90.350.71-0.430.190.610.83-0.36
0.850.430.720.370.430.79-0.40.33-0.521.00.840.510.630.65-0.020.640.340.910.430.34-0.160.210.720.81-0.25
0.80.30.460.010.680.76-0.410.27-0.670.510.790.510.920.85-0.380.69-0.050.780.360.51-0.560.020.480.78-0.48
0.860.370.570.070.670.87-0.460.33-0.730.630.850.630.920.94-0.360.780.050.820.380.52-0.520.080.460.84-0.66
0.790.480.60.120.50.92-0.330.44-0.90.650.740.650.850.94-0.240.840.170.850.370.24-0.40.110.540.9-0.63
-0.260.630.190.64-0.78-0.130.040.670.25-0.03-0.28-0.02-0.38-0.36-0.24-0.080.82-0.120.36-0.450.850.260.13-0.070.29
0.680.430.650.210.380.78-0.520.38-0.780.630.630.640.690.780.84-0.080.220.760.410.17-0.25-0.070.360.78-0.66
0.10.890.60.81-0.580.29-0.060.88-0.130.330.090.34-0.050.050.170.820.220.260.59-0.270.730.30.410.310.03
0.930.490.710.290.550.92-0.410.41-0.720.910.90.910.780.820.85-0.120.760.260.50.34-0.340.170.780.96-0.38
0.360.660.780.86-0.080.55-0.560.62-0.330.420.350.430.360.380.370.360.410.590.50.060.00.150.410.58-0.21
0.65-0.060.11-0.190.770.3-0.46-0.130.130.330.710.340.510.520.24-0.450.17-0.270.340.06-0.470.120.020.25-0.25
-0.430.440.040.42-0.85-0.360.290.480.37-0.17-0.43-0.16-0.56-0.52-0.40.85-0.250.73-0.340.0-0.470.18-0.04-0.330.34
0.170.270.20.25-0.050.17-0.380.260.030.220.190.210.020.080.110.26-0.070.30.170.150.120.18-0.040.170.09
0.640.540.50.350.190.660.140.5-0.50.740.610.720.480.460.540.130.360.410.780.410.02-0.04-0.040.74-0.01
0.870.590.730.320.460.98-0.390.54-0.770.820.830.810.780.840.9-0.070.780.310.960.580.25-0.330.170.74-0.42
-0.41-0.17-0.330.0-0.38-0.470.38-0.140.58-0.24-0.36-0.25-0.48-0.66-0.630.29-0.660.03-0.38-0.21-0.250.340.09-0.01-0.42
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ICoreConnect Common Account Relationship Matchups

ICoreConnect Common balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5M2.7M6.6M6.6M15.7M16.5M
Short Long Term Debt Total948K1.6M4.0M6.7M7.9M4.6M
Other Current Liab1.0M1.7M1.6M4.5M5.1M5.4M
Total Current Liabilities1.9M3.2M4.1M6.8M8.9M5.7M
Total Stockholder Equity465K(628.9K)1.0M(2.5M)4.4M4.7M
Property Plant And Equipment Net59K152.9K191.6K1.0M1.3M1.4M
Current Deferred Revenue(1.0M)2.8K20.4K13.8K119.6K113.6K
Net Debt503K1.6M3.9M6.5M6.7M4.3M
Retained Earnings(74.3M)(77.8M)(82.8M)(88.9M)(115.0M)(109.3M)
Cash445K7.6K71.8K196.2K1.2M1.3M
Non Current Assets Total2.0M2.5M5.6M5.5M12.2M12.8M
Cash And Short Term Investments445K7.6K71.8K196.2K1.2M1.3M
Net Receivables101K126.5K629.0K414.8K563.9K592.1K
Good Will416K393K491.4K1.5M1.7M1.8M
Common Stock Shares Outstanding2.0M2.6M4.9M5.8M7.3M7.7M
Liabilities And Stockholders Equity2.5M2.7M6.6M6.6M15.7M16.5M
Non Current Liabilities Total121K134.4K1.6M2.3M2.4M2.0M
Other Stockholder Equity74.7M77.1M83.6M86.2M119.5M125.5M
Total Liab2.1M3.3M5.6M9.1M11.2M7.0M
Total Current Assets554K154.2K1.0M1.1M3.5M3.7M
Short Term Debt935K1.5M2.4M4.4M5.5M3.1M
Intangible Assets1.5M1.9M3.9M3.0M3.9M2.6M
Common Stock67K90.1K167.5K181.3K1.0K956.65
Accounts Payable1.0M1.7M1.6M2.3M3.2M3.4M
Other Current Assets8K20.1K312.3K961.4K1.7M1.8M
Other Liab86K115K108K73.0K65.7K113.9K
Net Tangible Assets(1.4M)(3.0M)(4.4M)(6.9M)(7.9M)(8.3M)
Long Term Debt55K13K1.5M1.4M1.4M945.3K
Short Long Term Debt880K1.4M2.3M4.3M5.3M3.2M
Property Plant Equipment59K152.9K191.6K74.2K85.3K72.1K
Net Invested Capital1.4M800.3K4.9M3.2M11.1M11.7M
Capital Stock67K90.1K167.5K181.3K1.4K1.3K
Net Working Capital(1.4M)(3.0M)(3.0M)(5.7M)(5.4M)(5.6M)

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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.