iCoreConnect Inc. Common stock (ICCT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, iCoreConnect Inc. Common stock (ICCT) has a cash flow conversion efficiency ratio of 0.083x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-250.46K) by net assets ($-3.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see market value of iCoreConnect Inc. Common stock for the company's overall valuation and market capitalisation.
iCoreConnect Inc. Common stock - Cash Flow Conversion Efficiency Trend (2006–2023)
This chart illustrates how iCoreConnect Inc. Common stock's cash flow conversion efficiency has evolved over time, based on yearly financial data.
iCoreConnect Inc. Common stock Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of iCoreConnect Inc. Common stock ranked by their cash flow conversion efficiency. Explore iCoreConnect Inc. Common stock earnings quality ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
IT Tech Packaging Inc
NYSE MKT:ITP
|
0.010x |
|
INEO Tech Corp
V:INEO
|
2.714x |
|
Southern Empire Resources Corp
V:SMP
|
0.139x |
|
Railway Metrics & Dynamics Sweden AB
ST:RMDX
|
0.026x |
|
Empire Metals Limited
LSE:EEE
|
-0.267x |
|
Norcros Plc
LSE:NXR
|
0.069x |
|
Eastfield Resources Ltd
V:ETF
|
-0.094x |
|
Rebosis Property Fund Ltd
JSE:REA
|
-0.010x |
Annual Cash Flow Conversion Efficiency for iCoreConnect Inc. Common stock (2006–2023)
The table below shows the annual cash flow conversion efficiency of iCoreConnect Inc. Common stock from 2006 to 2023. View latest iCoreConnect Inc. Common stock stock price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $4.44 Million | $-8.82 Million | -1.986x | -490.21% |
| 2022-12-31 | $-2.50 Million | $-1.27 Million | 0.509x | +117.66% |
| 2021-12-31 | $1.01 Million | $-2.90 Million | -2.881x | -242.62% |
| 2020-12-31 | $-628.94K | $-1.27 Million | 2.020x | +156.35% |
| 2019-12-31 | $465.00K | $-1.67 Million | -3.585x | -274.42% |
| 2018-12-31 | $-958.00K | $-1.97 Million | 2.055x | +36.79% |
| 2017-12-31 | $-1.18 Million | $-1.77 Million | 1.503x | +94.20% |
| 2016-12-31 | $-2.26 Million | $-1.75 Million | 0.774x | +521.11% |
| 2015-12-31 | $-12.96 Million | $-1.61 Million | 0.125x | -3.24% |
| 2013-12-31 | $-12.79 Million | $-1.65 Million | 0.129x | +86.80% |
| 2012-12-31 | $-7.92 Million | $-545.84K | 0.069x | -86.09% |
| 2011-12-31 | $-2.57 Million | $-1.27 Million | 0.495x | +2.49% |
| 2010-12-31 | $-3.56 Million | $-1.72 Million | 0.483x | +117.94% |
| 2009-12-31 | $941.34K | $-2.54 Million | -2.694x | -387.89% |
| 2008-12-31 | $4.11 Million | $-2.27 Million | -0.552x | -21.84% |
| 2006-12-31 | $7.46 Million | $-3.38 Million | -0.453x | -- |
About iCoreConnect Inc. Common stock
iCoreConnect Inc., a cloud-based software and technology company, provides Health Insurance Portability and Accountability Act (HIPAA) compliant cloud-based software as a service (SaaS) in the United States. The company's products include iCoreRx, a HIPAA compliant electronic prescription software; iCorePDMP, a solution that checks the patient's Prescription Drug Monitoring Program (PDMP) history… Read more