LogicMark Inc Cash Flow Conversion Efficiency
LogicMark Inc 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.
Cash Flow Conversion Efficiency of LogicMark Inc (2012–2024)
Cash flow conversion efficiency of LogicMark Inc from 2012 to 2024. This chart illustrates how LogicMark Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View LogicMark Inc (LGMK) share price today for real-time trading data and today's change.
LogicMark Inc Cash Flow Conversion Ratio Explained
LogicMark Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
LogicMark Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of LogicMark Inc ranked by their cash flow conversion efficiency. Also see how much is LogicMark Inc worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Profusa, Inc. Common Stock
NASDAQ:PFSA
|
0.091x |
|
Blaize Holdings, Inc. Warrants
NASDAQ:BZAIW
|
-0.507x |
|
Challenger Energy Group PLC
LSE:CEG
|
-0.008x |
|
Tortilla Mexican Grill PLC
LSE:MEX
|
-0.810x |
|
Qlucore AB (publ)
ST:NOVKAN
|
-0.411x |
|
Cordel Group PLC
LSE:CRDL
|
-0.209x |
|
DETALION GAMES SA ZY -10
F:9XJ
|
0.001x |
|
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. Review LGMK free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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