LogicMark Inc (LGMK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, LogicMark Inc (LGMK) has a cash flow conversion efficiency ratio of -0.081x as of December 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-993.20K) by net assets ($12.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See LGMK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
LogicMark Inc - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how LogicMark Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
LogicMark Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of LogicMark Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Challenger Energy Group PLC
LSE:CEG
|
-0.008x |
|
Duearity AB
ST:DEAR
|
0.036x |
|
Cardiff Property PLC
LSE:CDFF
|
-0.046x |
|
KINGMAN MINERALS LTD.
F:47A
|
-0.113x |
|
Qlucore AB (publ)
ST:NOVKAN
|
-0.411x |
|
Europlasma SA
PA:ALEUP
|
0.657x |
|
Riverstone Energy Ltd
LSE:RSE
|
2.133x |
|
Dewhurst plc
LSE:DWHA
|
0.062x |
Annual Cash Flow Conversion Efficiency for LogicMark Inc (2012–2024)
The table below shows the annual cash flow conversion efficiency of LogicMark Inc from 2012 to 2024. For the full company profile with market capitalisation and key ratios, see how much is LogicMark Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $12.19 Million | $-4.25 Million | -0.349x | -20.59% |
| 2023-12-31 | $14.91 Million | $-4.32 Million | -0.289x | -- |
| 2022-12-31 | $0.00 | $-3.61 Million | x | -- |
| 2021-12-31 | $28.40 Million | $-5.91 Million | -0.208x | -453.06% |
| 2020-12-31 | $10.97 Million | $-412.96K | -0.038x | -114.33% |
| 2019-12-31 | $8.52 Million | $2.24 Million | 0.263x | +8765.02% |
| 2018-12-31 | $16.54 Million | $-50.19K | -0.003x | +98.87% |
| 2017-12-31 | $20.94 Million | $-5.61 Million | -0.268x | +20.52% |
| 2016-12-31 | $2.82 Million | $-950.05K | -0.337x | +96.55% |
| 2015-12-31 | $881.33K | $-8.62 Million | -9.781x | -418.42% |
| 2014-12-31 | $2.74 Million | $-5.16 Million | -1.887x | -511.10% |
| 2013-12-31 | $-1.83 Million | $-840.54K | 0.459x | -96.98% |
| 2012-12-31 | $-6.58K | $-99.84K | 15.182x | -- |
About LogicMark Inc
LogicMark, Inc. provides personal emergency response systems (PERS), health communications devices, and Internet of Things (IoT) technology that creates a connected care platform in the United States. The Company's PERS devices incorporate two-way voice communication technology directly in the medical alert pendant and provide life-saving technology; and provides people with the ability to receiv… Read more