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
LogicMark Inc (LGMK) - Total Assets
Latest total assets as of December 2024: $14.22 Million USD
Based on the latest financial reports, LogicMark Inc (LGMK) holds total assets worth $14.22 Million USD as of December 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
LogicMark Inc - Total Assets Trend (2012–2024)
This chart illustrates how LogicMark Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
LogicMark Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
LogicMark Inc's total assets of $14.22 Million consist of 37.5% current assets and 62.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.8% |
| Accounts Receivable | $4.36K | 0.0% |
| Inventory | $1.05 Million | 7.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.18 Million | 15.3% |
| Goodwill | $3.14 Million | 22.1% |
Asset Composition Trend (2012–2024)
This chart illustrates how LogicMark Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: LogicMark Inc's current assets represent 37.5% of total assets in 2024, a decrease from 98.6% in 2012.
- Cash Position: Cash and equivalents constituted 26.8% of total assets in 2024, down from 98.6% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 0.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 22.1% of total assets.
LogicMark Inc Competitors by Total Assets
Key competitors of LogicMark Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
LogicMark Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - LogicMark Inc generates 0.70x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - LogicMark Inc is currently not profitable relative to its asset base.
LogicMark Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.63 | 3.92 | 0.60 |
| Quick Ratio | 2.11 | 3.35 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.31 Million | $ 6.00 Million | $ -2.00 Million |
LogicMark Inc - Advanced Valuation Insights
This section examines the relationship between LogicMark Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.08 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -16.4% |
| Total Assets | $14.22 Million |
| Market Capitalization | $326.25K USD |
Valuation Analysis
Below Book Valuation: The market values LogicMark Inc's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: LogicMark Inc's assets decreased by 16.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for LogicMark Inc (2012–2024)
The table below shows the annual total assets of LogicMark Inc from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.22 Million | -16.43% |
| 2023-12-31 | $17.02 Million | -33.63% |
| 2022-12-31 | $25.64 Million | -14.88% |
| 2021-12-31 | $30.12 Million | +11.78% |
| 2020-12-31 | $26.95 Million | +7.59% |
| 2019-12-31 | $25.05 Million | -34.18% |
| 2018-12-31 | $38.06 Million | -21.12% |
| 2017-12-31 | $48.24 Million | +36.31% |
| 2016-12-31 | $35.39 Million | +589.32% |
| 2015-12-31 | $5.13 Million | +40.15% |
| 2014-12-31 | $3.66 Million | +1040.61% |
| 2013-12-31 | $321.21K | +133.26% |
| 2012-12-31 | $137.70K | -- |