iCoreConnect Inc. Common stock Tangible Net Worth Ratio
iCoreConnect Inc. Common stock tangible net worth ratio. iCoreConnect Inc. Common stock (ICCT) has a Tangible Net Worth Ratio of -2335.7% as of June 2024. This metric is calculated by deducting intangible assets ($10.00 Million) from net assets ($410.65K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore iCoreConnect Inc. Common stock net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of iCoreConnect Inc. Common stock (2006–2023)
Tangible net worth ratio of iCoreConnect Inc. Common stock from 2006 to 2023. This chart shows how iCoreConnect Inc. Common stock's Tangible Net Worth Ratio has changed across 6 annual periods from 2006 to 2023. As of June 2024, the ratio stands at -2335.7%, reflecting net assets of $410.65K with intangible assets of $10.00 Million USD. Check how strategically is iCoreConnect Inc. Common stock's equity deployed to assess the company's strategic physical and investment asset allocation.
iCoreConnect Inc. Common stock Tangible Net Worth Ratio by Year (2006–2023)
iCoreConnect Inc. Common stock tangible net worth ratio by year from 2006 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for iCoreConnect Inc. Common stock from 2006 to 2023, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see iCoreConnect Inc. Common stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 12.6% | $4.44 Million | $3.88 Million | $15.69 Million | ▲ +304.6 pp |
| 2021 | -292.0% | $1.01 Million | $3.94 Million | $6.63 Million | ▼ -66.0 pp |
| 2019 | -226.0% | $465.00K | $1.52 Million | $2.52 Million | ▲ +397.9 pp |
| 2009 | -623.9% | $941.34K | $6.81 Million | $7.63 Million | ▼ -528.3 pp |
| 2008 | -95.6% | $4.11 Million | $8.03 Million | $9.05 Million | ▼ -73.7 pp |
| 2006 | -21.9% | $7.46 Million | $9.10 Million | $10.64 Million | — |