LogicMark Balance Sheet Health
Financial Health criteria checks 6/6
LogicMark has a total shareholder equity of $14.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $16.0M and $1.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.59m |
| Equity | US$14.16m |
| Total liabilities | US$1.88m |
| Total assets | US$16.04m |
Recent financial health updates
Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth
Mar 04
Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans
Nov 18Recent updates
Revenues Working Against LogicMark, Inc.'s (NASDAQ:LGMK) Share Price Following 28% Dive
Jan 29Why Investors Shouldn't Be Surprised By LogicMark, Inc.'s (NASDAQ:LGMK) 31% Share Price Plunge
Dec 08Here's Why Shareholders May Want To Be Cautious With Increasing LogicMark, Inc.'s (NASDAQ:LGMK) CEO Pay Packet
Dec 14LogicMark, Inc.'s (NASDAQ:LGMK) Business And Shares Still Trailing The Industry
Jul 21LogicMark stock gains on strong Q2 earnings
Aug 12Companies Like LogicMark (NASDAQ:LGMK) Are In A Position To Invest In Growth
Mar 04Nxt-ID (NASDAQ:NXTD) Is In A Good Position To Deliver On Growth Plans
Nov 18Health Check: How Prudently Does Nxt-ID (NASDAQ:NXTD) Use Debt?
Jul 19NXT-ID appoints Chia-Lin Simmons as CEO
Jun 17Nxt-ID prepays $3M of senior secured term loan facility
May 03A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Mar 29Nxt-ID (NASDAQ:NXTD) Shareholders Have Enjoyed A Whopping 346% Share Price Gain
Mar 01Here's Why Nxt-ID (NASDAQ:NXTD) Is Weighed Down By Its Debt Load
Jan 29
A Look At The Fair Value Of Nxt-ID, Inc. (NASDAQ:NXTD)
Dec 24Does Nxt-ID (NASDAQ:NXTD) Have The Makings Of A Multi-Bagger?
Nov 19Financial Position Analysis
Short Term Liabilities: LGMK's short term assets ($7.0M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: LGMK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LGMK is debt free.
Reducing Debt: LGMK has no debt compared to 5 years ago when its debt to equity ratio was 152.6%.
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: LGMK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LGMK has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 28.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 23:23 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
LogicMark, Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Michael Latimore | Northland Capital Markets |
| Marla Marin | Zacks Small-Cap Research |