LogicMark Balance Sheet Health
Financial Health criteria checks 5/6
LogicMark has a total shareholder equity of $13.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $15.7M and $2.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$5.05m |
Equity | US$13.48m |
Total liabilities | US$2.26m |
Total assets | US$15.74m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NI's short term assets ($6.8M) exceed its short term liabilities ($2.2M).
Long Term Liabilities: 0NI's short term assets ($6.8M) exceed its long term liabilities ($32.9K).
Debt to Equity History and Analysis
Debt Level: 0NI is debt free.
Reducing Debt: 0NI has no debt compared to 5 years ago when its debt to equity ratio was 90.3%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 0NI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0NI has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 27.6% each year.