iCoreConnect Inc. Common stock (ICCT) — Net Asset Quality Index
iCoreConnect Inc. Common stock (ICCT) has a Net Asset Quality Index of -21.2% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $14.22 Million minus total liabilities of $17.24 Million yields net assets of $-3.02 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check ICCT asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
iCoreConnect Inc. Common stock Net Asset Quality Index Over Time (2006–2023)
This chart shows how iCoreConnect Inc. Common stock's Net Asset Quality Index has evolved across 16 annual periods from 2006 to 2023. As of September 2024, the index stands at -21.2%, representing net assets of $-3.02 Million against total assets of $14.22 Million USD. See working capital position of iCoreConnect Inc. Common stock to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for iCoreConnect Inc. Common stock (2006–2023)
The table below presents the year-by-year Net Asset Quality Index for iCoreConnect Inc. Common stock from 2006 to 2023, covering 16 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see iCoreConnect Inc. Common stock stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 28.3% | $4.44 Million | $15.69 Million | $11.24 Million | ▲ +66.5 pp |
| 2022 | -38.2% | $-2.50 Million | $6.56 Million | $9.06 Million | ▼ -53.3 pp |
| 2021 | 15.2% | $1.01 Million | $6.63 Million | $5.63 Million | ▲ +38.5 pp |
| 2020 | -23.4% | $-628.94K | $2.69 Million | $3.32 Million | ▼ -41.8 pp |
| 2019 | 18.4% | $465.00K | $2.52 Million | $2.06 Million | ▲ +73.7 pp |
| 2018 | -55.2% | $-958.00K | $1.74 Million | $2.69 Million | ▲ +11.5 pp |
| 2017 | -66.7% | $-1.18 Million | $1.77 Million | $2.94 Million | ▲ +253.6 pp |
| 2016 | -320.3% | $-2.26 Million | $705.00K | $2.96 Million | ▲ +1613.6 pp |
| 2015 | -1933.9% | $-12.96 Million | $670.00K | $13.63 Million | ▲ +518.9 pp |
| 2013 | -2452.7% | $-12.79 Million | $521.46K | $13.31 Million | ▲ +1253.7 pp |
| 2012 | -3706.4% | $-7.92 Million | $213.69K | $8.13 Million | ▼ -3611.5 pp |
| 2011 | -94.9% | $-2.57 Million | $2.71 Million | $5.28 Million | ▼ -25.2 pp |
| 2010 | -69.7% | $-3.56 Million | $5.11 Million | $8.67 Million | ▼ -82.1 pp |
| 2009 | 12.3% | $941.34K | $7.63 Million | $6.69 Million | ▼ -33.0 pp |
| 2008 | 45.4% | $4.11 Million | $9.05 Million | $4.94 Million | ▼ -24.8 pp |
| 2006 | 70.2% | $7.46 Million | $10.64 Million | $3.17 Million | — |