iCoreConnect
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has iCoreConnect's balance sheet done over the years? Its assets were worth $15,686,504 last year, which is more than in the previous period. 72% of iCoreConnect’s total assets is currently financed by debt. Its liabilities reached the amount of $11,242,336, which means an increase by 24% compared compared to last year.
Debt to Assets
| 2013 | 521458 | 13.31M | 2552.73% |
|---|---|---|---|
| 2014 | 1723520 | 11.34M | 658.24% |
| 2016 | 670000 | 13.62M | 2033.88% |
| 2017 | 1766000 | 2.94M | 166.7% |
| 2018 | 1735000 | 2.69M | 155.22% |
| 2019 | 2522000 | 2.05M | 81.56% |
| 2020 | 2690677 | 3.31M | 123.37% |
| 2021 | 6630343 | 5.62M | 84.84% |
| 2022 | 6556184 | 9.05M | 138.15% |
| 2023 | 15686504 | 11.24M | 71.67% |
ICCT Balance Sheet (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.21M | 196.15K | 71.80K | 7.61K | 445K | 1K | 52K | 114K | 190.82K | 513.27K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 563.90K | 414.80K | 629.04K | 126.47K | 101K | 224K | 122K | 112K | 18.89K | 8.18K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 1.72M | 480.70K | 312.28K | 20.10K | 8K | 9K | 17K | 44K | 25.69K | 0 |
Total current assets | 3.50M | 1.09M | 1.01M | 154.19K | 554K | 234K | 191K | 270K | 235.40K | 521.45K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.32M | 1.01M | 191.61K | 152.88K | 59K | 11K | 10K | 14K | 13.05K | 0 |
Goodwill | 1.48M | 1.48M | 1.48M | 491.37K | 393K | 416K | 371K | 0 | 0 | 0 |
Intangible assets | 3.88M | 2.96M | 3.94M | 1.89M | 1.51M | 1.07M | 1.19M | 386K | 117.21K | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 5.48M | -9 | -9 | -2.53M | -1.96M | 0 | 0 | 0 | 1.35M | 0 |
Total non-current assets | 12.17M | 5.46M | 5.61M | 2.53M | 1.96M | 1.50M | 1.57M | 400K | 1.48M | 0 |
Total assets | 15.68M | 6.55M | 6.63M | 2.69M | 2.52M | 1.73M | 1.76M | 670K | 1.72M | 521.45K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 119.59K | 13.84K | 20.41K | 2.77K | -1.00M | 115M | 0 | 0 | 0 | 1.34M |
Short term debt | 5.51M | 4.44M | 2.39M | 1.51M | 935K | 1.85M | 1.95M | 7.70M | 1.29M | 4.82M |
Total current liabilities | 8.87M | 6.79M | 4.05M | 3.18M | 1.93M | 2.52M | 2.94M | 8.47M | 4.78M | 13.31M |
| Non-current liabilities: | ||||||||||
Long term debt | 2.36M | 2.25M | 1.57M | 61.38K | 13K | 55K | 0 | 4.97M | 4.60M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 73.03K | -13K | 115M | 0 | 175K | 1.95M | 5.96M |
Total non-current liabilities | 2.36M | 2.25M | 1.57M | 134.42K | 121K | 170K | 0 | 5.15M | 6.56M | 5.96M |
Total liabilities | 11.24M | 9.05M | 5.62M | 3.31M | 2.05M | 2.69M | 2.94M | 13.62M | 11.34M | 13.31M |
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