ICoreConnect Current Deferred Revenue vs Net Invested Capital Analysis

ICCT Stock

USD 0.17 0.01 5.56%

ICoreConnect Common financial indicator trend analysis is infinitely more than just investigating iCoreConnect Common stock recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iCoreConnect Common stock is a good investment. Please check the relationship between ICoreConnect Common Current Deferred Revenue and its Net Invested Capital accounts. 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.

Current Deferred Revenue vs Net Invested Capital

Current Deferred Revenue vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iCoreConnect Common stock Current Deferred Revenue account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between ICoreConnect Common's Current Deferred Revenue and Net Invested Capital is -0.36. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Net Invested Capital in the same time period over historical financial statements of iCoreConnect Common stock, assuming nothing else is changed. The correlation between historical values of ICoreConnect Common's Current Deferred Revenue and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of iCoreConnect Common stock are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Current Deferred Revenue i.e., ICoreConnect Common's Current Deferred Revenue and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Most indicators from ICoreConnect Common's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.

Issuance Of Capital Stock is likely to gain to about 22.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 13.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	3.4M	5.7M	6.1M	6.4M
Total Revenue	5.0M	8.0M	8.2M	8.6M

Gross Profit Total Revenue

ICoreConnect Common fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Accounts Payable	Non Currrent Assets Other	Other Current Assets	Other Liab
Total Assets		0.38	0.57	0.11	0.73	0.86	-0.45	0.3	-0.53	0.85	0.99	0.85	0.8	0.86	0.79	-0.26	0.68	0.1	0.93	0.36	0.65	-0.43	0.17	0.64	0.87	-0.41
Short Long Term Debt Total	0.38		0.6	0.66	-0.27	0.57	-0.12	0.99	-0.36	0.42	0.35	0.43	0.3	0.37	0.48	0.63	0.43	0.89	0.49	0.66	-0.06	0.44	0.27	0.54	0.59	-0.17
Other Current Liab	0.57	0.6		0.77	0.04	0.73	-0.57	0.55	-0.53	0.72	0.57	0.72	0.46	0.57	0.6	0.19	0.65	0.6	0.71	0.78	0.11	0.04	0.2	0.5	0.73	-0.33
Total Current Liabilities	0.11	0.66	0.77		-0.46	0.29	-0.39	0.63	-0.13	0.36	0.11	0.37	0.01	0.07	0.12	0.64	0.21	0.81	0.29	0.86	-0.19	0.42	0.25	0.35	0.32	0.0
Total Stockholder Equity	0.73	-0.27	0.04	-0.46		0.48	-0.34	-0.33	-0.31	0.43	0.74	0.43	0.68	0.67	0.5	-0.78	0.38	-0.58	0.55	-0.08	0.77	-0.85	-0.05	0.19	0.46	-0.38
Property Plant And Equipment Net	0.86	0.57	0.73	0.29	0.48		-0.4	0.52	-0.77	0.79	0.83	0.79	0.76	0.87	0.92	-0.13	0.78	0.29	0.92	0.55	0.3	-0.36	0.17	0.66	0.98	-0.47
Current Deferred Revenue	-0.45	-0.12	-0.57	-0.39	-0.34	-0.4		-0.06	0.18	-0.38	-0.46	-0.4	-0.41	-0.46	-0.33	0.04	-0.52	-0.06	-0.41	-0.56	-0.46	0.29	-0.38	0.14	-0.39	0.38
Net Debt	0.3	0.99	0.55	0.63	-0.33	0.52	-0.06		-0.34	0.32	0.26	0.33	0.27	0.33	0.44	0.67	0.38	0.88	0.41	0.62	-0.13	0.48	0.26	0.5	0.54	-0.14
Retained Earnings	-0.53	-0.36	-0.53	-0.13	-0.31	-0.77	0.18	-0.34		-0.52	-0.46	-0.52	-0.67	-0.73	-0.9	0.25	-0.78	-0.13	-0.72	-0.33	0.13	0.37	0.03	-0.5	-0.77	0.58
Cash	0.85	0.42	0.72	0.36	0.43	0.79	-0.38	0.32	-0.52		0.84	1.0	0.51	0.63	0.65	-0.03	0.63	0.33	0.91	0.42	0.33	-0.17	0.22	0.74	0.82	-0.24
Non Current Assets Total	0.99	0.35	0.57	0.11	0.74	0.83	-0.46	0.26	-0.46	0.84		0.84	0.79	0.85	0.74	-0.28	0.63	0.09	0.9	0.35	0.71	-0.43	0.19	0.61	0.83	-0.36
Cash And Short Term Investments	0.85	0.43	0.72	0.37	0.43	0.79	-0.4	0.33	-0.52	1.0	0.84		0.51	0.63	0.65	-0.02	0.64	0.34	0.91	0.43	0.34	-0.16	0.21	0.72	0.81	-0.25
Net Receivables	0.8	0.3	0.46	0.01	0.68	0.76	-0.41	0.27	-0.67	0.51	0.79	0.51		0.92	0.85	-0.38	0.69	-0.05	0.78	0.36	0.51	-0.56	0.02	0.48	0.78	-0.48
Good Will	0.86	0.37	0.57	0.07	0.67	0.87	-0.46	0.33	-0.73	0.63	0.85	0.63	0.92		0.94	-0.36	0.78	0.05	0.82	0.38	0.52	-0.52	0.08	0.46	0.84	-0.66
Common Stock Shares Outstanding	0.79	0.48	0.6	0.12	0.5	0.92	-0.33	0.44	-0.9	0.65	0.74	0.65	0.85	0.94		-0.24	0.84	0.17	0.85	0.37	0.24	-0.4	0.11	0.54	0.9	-0.63
Non Current Liabilities Total	-0.26	0.63	0.19	0.64	-0.78	-0.13	0.04	0.67	0.25	-0.03	-0.28	-0.02	-0.38	-0.36	-0.24		-0.08	0.82	-0.12	0.36	-0.45	0.85	0.26	0.13	-0.07	0.29
Other Stockholder Equity	0.68	0.43	0.65	0.21	0.38	0.78	-0.52	0.38	-0.78	0.63	0.63	0.64	0.69	0.78	0.84	-0.08		0.22	0.76	0.41	0.17	-0.25	-0.07	0.36	0.78	-0.66
Total Liab	0.1	0.89	0.6	0.81	-0.58	0.29	-0.06	0.88	-0.13	0.33	0.09	0.34	-0.05	0.05	0.17	0.82	0.22		0.26	0.59	-0.27	0.73	0.3	0.41	0.31	0.03
Total Current Assets	0.93	0.49	0.71	0.29	0.55	0.92	-0.41	0.41	-0.72	0.91	0.9	0.91	0.78	0.82	0.85	-0.12	0.76	0.26		0.5	0.34	-0.34	0.17	0.78	0.96	-0.38
Short Term Debt	0.36	0.66	0.78	0.86	-0.08	0.55	-0.56	0.62	-0.33	0.42	0.35	0.43	0.36	0.38	0.37	0.36	0.41	0.59	0.5		0.06	0.0	0.15	0.41	0.58	-0.21
Intangible Assets	0.65	-0.06	0.11	-0.19	0.77	0.3	-0.46	-0.13	0.13	0.33	0.71	0.34	0.51	0.52	0.24	-0.45	0.17	-0.27	0.34	0.06		-0.47	0.12	0.02	0.25	-0.25
Common Stock	-0.43	0.44	0.04	0.42	-0.85	-0.36	0.29	0.48	0.37	-0.17	-0.43	-0.16	-0.56	-0.52	-0.4	0.85	-0.25	0.73	-0.34	0.0	-0.47		0.18	-0.04	-0.33	0.34
Accounts Payable	0.17	0.27	0.2	0.25	-0.05	0.17	-0.38	0.26	0.03	0.22	0.19	0.21	0.02	0.08	0.11	0.26	-0.07	0.3	0.17	0.15	0.12	0.18		-0.04	0.17	0.09
Non Currrent Assets Other	0.64	0.54	0.5	0.35	0.19	0.66	0.14	0.5	-0.5	0.74	0.61	0.72	0.48	0.46	0.54	0.13	0.36	0.41	0.78	0.41	0.02	-0.04	-0.04		0.74	-0.01
Other Current Assets	0.87	0.59	0.73	0.32	0.46	0.98	-0.39	0.54	-0.77	0.82	0.83	0.81	0.78	0.84	0.9	-0.07	0.78	0.31	0.96	0.58	0.25	-0.33	0.17	0.74		-0.42
Other Liab	-0.41	-0.17	-0.33	0.0	-0.38	-0.47	0.38	-0.14	0.58	-0.24	-0.36	-0.25	-0.48	-0.66	-0.63	0.29	-0.66	0.03	-0.38	-0.21	-0.25	0.34	0.09	-0.01	-0.42

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ICoreConnect Common Account Relationship Matchups

ICoreConnect Common fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	2.7M	6.6M	6.6M	15.7M	16.5M
Short Long Term Debt Total	948K	1.6M	4.0M	6.7M	7.9M	4.6M
Other Current Liab	1.0M	1.7M	1.6M	4.5M	5.1M	5.4M
Total Current Liabilities	1.9M	3.2M	4.1M	6.8M	8.9M	5.7M
Total Stockholder Equity	465K	(628.9K)	1.0M	(2.5M)	4.4M	4.7M
Property Plant And Equipment Net	59K	152.9K	191.6K	1.0M	1.3M	1.4M
Current Deferred Revenue	(1.0M)	2.8K	20.4K	13.8K	119.6K	113.6K
Net Debt	503K	1.6M	3.9M	6.5M	6.7M	4.3M
Retained Earnings	(74.3M)	(77.8M)	(82.8M)	(88.9M)	(115.0M)	(109.3M)
Cash	445K	7.6K	71.8K	196.2K	1.2M	1.3M
Non Current Assets Total	2.0M	2.5M	5.6M	5.5M	12.2M	12.8M
Cash And Short Term Investments	445K	7.6K	71.8K	196.2K	1.2M	1.3M
Net Receivables	101K	126.5K	629.0K	414.8K	563.9K	592.1K
Good Will	416K	393K	491.4K	1.5M	1.7M	1.8M
Common Stock Shares Outstanding	2.0M	2.6M	4.9M	5.8M	7.3M	7.7M
Liabilities And Stockholders Equity	2.5M	2.7M	6.6M	6.6M	15.7M	16.5M
Non Current Liabilities Total	121K	134.4K	1.6M	2.3M	2.4M	2.0M
Other Stockholder Equity	74.7M	77.1M	83.6M	86.2M	119.5M	125.5M
Total Liab	2.1M	3.3M	5.6M	9.1M	11.2M	7.0M
Total Current Assets	554K	154.2K	1.0M	1.1M	3.5M	3.7M
Short Term Debt	935K	1.5M	2.4M	4.4M	5.5M	3.1M
Intangible Assets	1.5M	1.9M	3.9M	3.0M	3.9M	2.6M
Common Stock	67K	90.1K	167.5K	181.3K	1.0K	956.65
Accounts Payable	1.0M	1.7M	1.6M	2.3M	3.2M	3.4M
Other Current Assets	8K	20.1K	312.3K	961.4K	1.7M	1.8M
Other Liab	86K	115K	108K	73.0K	65.7K	113.9K
Net Tangible Assets	(1.4M)	(3.0M)	(4.4M)	(6.9M)	(7.9M)	(8.3M)
Long Term Debt	55K	13K	1.5M	1.4M	1.4M	945.3K
Short Long Term Debt	880K	1.4M	2.3M	4.3M	5.3M	3.2M
Property Plant Equipment	59K	152.9K	191.6K	74.2K	85.3K	72.1K
Net Invested Capital	1.4M	800.3K	4.9M	3.2M	11.1M	11.7M
Capital Stock	67K	90.1K	167.5K	181.3K	1.4K	1.3K
Net Working Capital	(1.4M)	(3.0M)	(3.0M)	(5.7M)	(5.4M)	(5.6M)

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