ICoreConnect Common Cash And Equivalents vs. Revenue

ICCT Stock  USD 0.17  0.01  5.56%   
Considering ICoreConnect Common's profitability and operating efficiency indicators, iCoreConnect Common stock may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in January. Profitability indicators assess ICoreConnect Common's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 1.06 in 2024. Days Sales Outstanding is likely to drop to 23.99 in 2024. At this time, ICoreConnect Common's Change To Netincome is comparatively stable compared to the past year. Income Quality is likely to gain to 0.60 in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (1.2 K) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.7511
Slightly Down
Very volatile
For ICoreConnect Common profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ICoreConnect Common to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well iCoreConnect Common stock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ICoreConnect Common's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of iCoreConnect Common stock over time as well as its relative position and ranking within its peers.
  
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Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICoreConnect Common. If investors know ICoreConnect will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICoreConnect Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.16)
Revenue Per Share
1.116
Quarterly Revenue Growth
0.664
Return On Assets
(0.66)
Return On Equity
(10.42)
The market value of iCoreConnect Common stock is measured differently than its book value, which is the value of ICoreConnect that is recorded on the company's balance sheet. Investors also form their own opinion of ICoreConnect Common's value that differs from its market value or its book value, called intrinsic value, which is ICoreConnect Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICoreConnect Common's market value can be influenced by many factors that don't directly affect ICoreConnect Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICoreConnect Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICoreConnect Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICoreConnect Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

iCoreConnect Common stock Revenue vs. Cash And Equivalents Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ICoreConnect Common's current stock value. Our valuation model uses many indicators to compare ICoreConnect Common value to that of its competitors to determine the firm's financial worth.
iCoreConnect Common stock is rated third overall in cash and equivalents category among its peers. It is rated below average in revenue category among its peers totaling about  49.63  of Revenue per Cash And Equivalents. At this time, ICoreConnect Common's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value ICoreConnect Common by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ICoreConnect Revenue vs. Cash And Equivalents

Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

ICoreConnect Common

Cash

 = 

Bank Deposits

+

Liquidities

 = 
164.26 K
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

ICoreConnect Common

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
8.15 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

ICoreConnect Revenue vs Competition

iCoreConnect Common stock is rated below average in revenue category among its peers. Market size based on revenue of Health Care industry is currently estimated at about 3.55 Billion. ICoreConnect Common adds roughly 8.15 Million in revenue claiming only tiny portion of equities under Health Care industry.

ICoreConnect Common Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ICoreConnect Common, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ICoreConnect Common will eventually generate negative long term returns. The profitability progress is the general direction of ICoreConnect Common's change in net profit over the period of time. It can combine multiple indicators of ICoreConnect Common, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.2 K-1.2 K
Operating Income-10.3 M-10.8 M
Net Loss-15.6 M-14.8 M
Income Tax Expense(3.00)(2.85)
Income Before Tax-15.6 M-14.8 M
Total Other Income Expense Net-5.3 M-5 M
Net Loss-15.6 M-14.8 M
Net Loss-7.1 M-7.4 M
Net Interest Income-2.4 M-2.3 M
Non Operating Income Net Other-1.1 M-1.2 M
Change To Netincome490.4 K859.1 K
Net Loss(2.12)(2.22)
Income Quality 0.57  0.60 
Net Income Per E B T 1.09  0.90 

ICoreConnect Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ICoreConnect Common. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ICoreConnect Common position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ICoreConnect Common's important profitability drivers and their relationship over time.

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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.