LogicMark Inc (LGMK) - Total Liabilities
Based on the latest financial reports, LogicMark Inc (LGMK) has total liabilities worth $2.03 Million USD as of December 2024. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. See LGMK net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
LogicMark Inc - Total Liabilities Trend (2012–2024)
This chart illustrates how LogicMark Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see LogicMark Inc asset portfolio.
LogicMark Inc Competitors by Total Liabilities
The table below lists competitors of LogicMark Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Duearity AB
ST:DEAR
|
Sweden | Skr22.38 Million |
|
Challenger Energy Group PLC
LSE:CEG
|
UK | GBX13.66 Million |
|
Carclo plc
LSE:CAR
|
UK | GBX101.03 Million |
|
Subsea 7 SA
LSE:0OGK
|
UK | Nkr2.37 Billion |
|
Renalytix AI plc
LSE:RENX
|
UK | GBX12.81 Million |
|
Qlucore AB (publ)
ST:NOVKAN
|
USA | Skr1.67 Million |
|
Georgina Energy PLC
LSE:GEX
|
UK | GBX3.62 Million |
|
Cordel Group PLC
LSE:CRDL
|
UK | GBX1.16 Million |
Liability Composition Analysis (2012–2024)
This chart breaks down LogicMark Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See LGMK net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.63 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.17 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.14 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how LogicMark Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for LogicMark Inc (2012–2024)
The table below shows the annual total liabilities of LogicMark Inc from 2012 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $2.03 Million | -3.60% |
| 2023-12-31 | $2.10 Million | -91.79% |
| 2022-12-31 | $25.64 Million | +1384.80% |
| 2021-12-31 | $1.73 Million | -89.19% |
| 2020-12-31 | $15.98 Million | -3.29% |
| 2019-12-31 | $16.53 Million | -23.17% |
| 2018-12-31 | $21.51 Million | -21.22% |
| 2017-12-31 | $27.31 Million | -16.18% |
| 2016-12-31 | $32.57 Million | +665.88% |
| 2015-12-31 | $4.25 Million | +358.14% |
| 2014-12-31 | $928.35K | -56.87% |
| 2013-12-31 | $2.15 Million | +1391.97% |
| 2012-12-31 | $144.28K | -- |
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