LogicMark Inc Total Liabilities
LogicMark Inc 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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Total Liabilities of LogicMark Inc (2012–2024)
Total liabilities of LogicMark Inc from 2012 to 2024. This chart illustrates how LogicMark Inc's total liabilities have evolved over time, based on quarterly financial data.
LogicMark Inc Competitors by Total Liabilities
The table below lists competitors of LogicMark Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Tortilla Mexican Grill PLC
LSE:MEX
|
UK | GBX56.74 Million |
|
Challenger Energy Group PLC
LSE:CEG
|
UK | GBX13.66 Million |
|
Blaize Holdings, Inc. Warrants
NASDAQ:BZAIW
|
USA | $63.24 Million |
|
Profusa, Inc. Common Stock
NASDAQ:PFSA
|
USA | $29.06 Million |
|
Qlucore AB (publ)
ST:NOVKAN
|
USA | Skr1.67 Million |
|
Cordel Group PLC
LSE:CRDL
|
UK | GBX1.16 Million |
|
DETALION GAMES SA ZY -10
F:9XJ
|
Germany | €592.89K |
|
Dewhurst plc
LSE:DWHA
|
UK | GBX10.81 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. For the complete balance sheet picture, see LogicMark Inc asset portfolio.
Liquidity & Leverage Metrics
LogicMark Inc Total Liabilities Ratios Explained
LogicMark Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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