iCoreConnect Inc. Common stock (ICCT) — Defensive Interval Ratio
iCoreConnect Inc. Common stock (ICCT) has a Defensive Interval Ratio of 22 days as of September 2024. Defensive assets of $798.33K (cash $-, short-term investments $-, receivables $798.33K) cover 22 days of daily cash needs of $35.95K/day. Check iCoreConnect Inc. Common stock tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
iCoreConnect Inc. Common stock Defensive Interval Ratio (2006–2023)
This chart shows how iCoreConnect Inc. Common stock's Defensive Interval Ratio has evolved across 16 annual periods from 2006 to 2023. As of September 2024, the ratio stands at 22 days, meaning defensive assets of $798.33K can fund 22 days of operations without new revenue. Also explore iCoreConnect Inc. Common stock equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for iCoreConnect Inc. Common stock (2006–2023)
The table below presents the year-by-year Defensive Interval Ratio for iCoreConnect Inc. Common stock from 2006 to 2023, covering 16 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see iCoreConnect Inc. Common stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 23 days | $563.90K | $24.32K/day | $- | $- | ▲ +1 days |
| 2022 | 22 days | $414.81K | $18.63K/day | $- | $- | ▼ -34 days |
| 2021 | 57 days | $629.05K | $11.11K/day | $- | $- | ▲ +42 days |
| 2020 | 14 days | $126.47K | $8.73K/day | $- | $- | ▼ -5 days |
| 2019 | 19 days | $101.00K | $5.30K/day | $- | $- | ▼ -13 days |
| 2018 | 32 days | $224.00K | $6.91K/day | $- | $0.00 | ▲ +17 days |
| 2017 | 15 days | $122.00K | $8.07K/day | $- | $0.00 | ▼ -10 days |
| 2016 | 25 days | $185.00K | $7.30K/day | $- | $0.00 | ▲ +21 days |
| 2015 | 5 days | $112.00K | $23.22K/day | $- | $0.00 | ▲ +4 days |
| 2013 | 1 days | $18.90K | $36.47K/day | $- | $- | ▲ +0 days |
| 2012 | 0 days | $8.19K | $22.29K/day | $- | $- | ▼ -2 days |
| 2011 | 2 days | $33.98K | $14.46K/day | $- | $- | ▼ -13546 days |
| 2010 | 13549 days | $251.78 Million | $18.58K/day | $- | $- | ▲ +13541 days |
| 2009 | 8 days | $114.00K | $14.85K/day | $- | $- | ▲ +2 days |
| 2008 | 6 days | $57.12K | $9.71K/day | $- | $- | ▼ -23 days |
| 2006 | 29 days | $228.82K | $7.93K/day | $- | $- | — |