ICCT (iCoreConnect) Short-Term Debt & Capital Lease Obligation : $6.23 Mil (As of Dec. 2024)

View and export this data going back to 1998. Start your Free Trial

What is iCoreConnect Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. iCoreConnect's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $6.23 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. iCoreConnect's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2.62 Mil.

iCoreConnect Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for iCoreConnect's Short-Term Debt & Capital Lease Obligation 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 Short-Term Debt & Capital Lease Obligation Chart

iCoreConnect Annual Data

Trend

Jun13

Jun14

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Short-Term Debt & Capital Lease Obligation

Get a 7-Day Free Trial

1.52

2.39

4.45

5.51

6.23

iCoreConnect Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Short-Term Debt & Capital Lease Obligation	Get a 7-Day Free Trial															5.51	7.20	7.06	7.86	6.23

iCoreConnect Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

iCoreConnect Short-Term Debt & Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of iCoreConnect's Short-Term Debt & Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

iCoreConnect Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » iCoreConnect Inc (OTCPK:ICCT) » Definitions » Short-Term Debt & Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

529 E Crown Point Road, Suite 250, Ocoee, FL, USA, 34761

Website

https://www.icoreconnect.com

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

Robert P Mcdermott	director, 10 percent owner, officer: CEO, President and Chairman	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
Archit Shah	officer: Chief Financial Officer	529 E. 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
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