| 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 Total Liab and its Accounts Payable 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.
Total Liab vs Accounts Payable
Total Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
iCoreConnect Common stock Total Liab account and
Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between ICoreConnect Common's Total Liab and Accounts Payable is 0.3. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable 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 Total Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of iCoreConnect Common stock are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Total Liab i.e., ICoreConnect Common's Total Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.3 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Accounts Payable
An accounting item on the balance sheet that represents ICoreConnect Common obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of iCoreConnect Common stock are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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.
ICoreConnect Common fundamental ratios Correlations
Click cells to compare fundamentals
ICoreConnect Common Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ICoreConnect Common fundamental ratios Accounts
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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.