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ICCT (iCoreConnect) Net Cash per Share : $-1.44 (As of Sep. 2024)


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What is iCoreConnect Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). iCoreConnect's Net Cash per Share for the quarter that ended in Sep. 2024 was $-1.44.

The historical rank and industry rank for iCoreConnect's Net Cash per Share or its related term are showing as below:

ICCT's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8
* Ranked among companies with meaningful Price-to-Net-Cash only.

iCoreConnect Net Cash per Share Historical Data

The historical data trend for iCoreConnect's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

iCoreConnect Net Cash per Share Chart

iCoreConnect Annual Data
Trend Jun12 Jun13 Jun14 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.71 -1.10 -0.99 -1.46 -1.00

iCoreConnect Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.14 -1.00 -1.39 -1.61 -1.44

Competitive Comparison of iCoreConnect's Net Cash per Share

For the Health Information Services subindustry, iCoreConnect's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iCoreConnect's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, iCoreConnect's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where iCoreConnect's Price-to-Net-Cash falls into.



iCoreConnect Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

iCoreConnect's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.219-11.242-0)/10.0685
=-1.00

iCoreConnect's Net Cash per Share for the quarter that ended in Sep. 2024 is calculated as

Net Cash per Share (Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.212-17.241-0)/11.8363
=-1.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


iCoreConnect  (NAS:ICCT) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


iCoreConnect Net Cash per Share Related Terms

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iCoreConnect Business Description

Traded in Other Exchanges
N/A
Address
529 E Crown Point Road, Suite 250, Ocoee, FL, USA, 34761
iCoreConnect Inc develops and markets secure cloud-based HIPAA compliant software services focused on compliance, workflow/productivity, and electronic health records systems. Its core services technology can be adopted to other vertical markets that require a high degree of secure data communication, such as the legal, financial, and education fields. It markets secure HIPAA compliant cloud-based software as a service (SaaS) offering under the names of iCoreExchange, iCoreCodeGenius, iCoreSecure, iCoreMD, iCoreDental, iCoreMobile, iCoreHuddle, iCoreRx, iCorePDMP, iCoreEPCS, and iCorePay. The company's software is sold under annual recurring revenue subscriptions. The company has a single reporting segment for reporting purposes focused on the North American market.
Executives
Archit Shah officer: Chief Financial Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
John Pasqual director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Joseph Gitto director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Muralidar Chakravarthi officer: Chief Technology Officer 529 EAST CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Harry Joseph Travis director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
David A. Fidanza officer: Chief Information Officer 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Robert P Mcdermott director, 10 percent owner, officer: CEO, President and Chairman 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Mark Penway officer: Chief Financial Officer 105 S MAPLE STREET, ITASCA IL 60143
Kevin Patrick Mcdermott director C/O ICORECONNECT INC., 529 CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jefff Wayne Stellinga director 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Robert A Desanti director, 10 percent owner 529 E. CROWN POINT ROAD, SUITE 250, OCOEE FL 34761
Jeff L Sutton director 105 S MAPLE STREET, ITASCA IL 60143
Ryan Turner director 105 S MAPLE STREET, ITASCA IL 60143
Marvin Wesley Schrader director, officer: Chief Executive Officer 105 S MAPLE STREET, ITASCA IL 60143
Fg Merger Investors Llc 10 percent owner 105 S MAPLE STREET, ITASCA IL 60143