LogicMark Inc (LGMK) — Tangible Net Worth Ratio
LogicMark Inc (LGMK) has a Tangible Net Worth Ratio of 54.2% as of December 2024. This metric is calculated by deducting intangible assets ($5.58 Million) from net assets ($12.19 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See LGMK net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
LogicMark Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how LogicMark Inc's Tangible Net Worth Ratio has changed across 10 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 54.2%, reflecting net assets of $12.19 Million with intangible assets of $5.58 Million USD. See LogicMark Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for LogicMark Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for LogicMark Inc from 2014 to 2024, covering 10 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of LogicMark Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.2% | $12.19 Million | $2.18 Million | $14.22 Million | ▲ +19.1 pp |
| 2023 | 63.1% | $14.91 Million | $5.51 Million | $17.02 Million | ▼ -21.2 pp |
| 2021 | 84.2% | $28.40 Million | $4.48 Million | $30.12 Million | ▲ +32.0 pp |
| 2020 | 52.2% | $10.97 Million | $5.24 Million | $26.95 Million | ▲ +22.6 pp |
| 2019 | 29.6% | $8.52 Million | $6.00 Million | $25.05 Million | ▼ -29.5 pp |
| 2018 | 59.1% | $16.54 Million | $6.76 Million | $38.06 Million | ▲ +13.2 pp |
| 2017 | 45.9% | $20.94 Million | $11.33 Million | $48.24 Million | ▲ +239.9 pp |
| 2016 | -194.0% | $2.82 Million | $8.29 Million | $35.39 Million | ▼ -294.0 pp |
| 2015 | 100.0% | $881.33K | $0.00 | $5.13 Million | ▲ +0.0 pp |
| 2014 | 100.0% | $2.74 Million | $0.00 | $3.66 Million | — |