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. Also explore LogicMark Inc net asset momentum to track the company's year-over-year net asset growth rate.
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. See LogicMark Inc (LGMK) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
LogicMark Inc Competitors by Total Liabilities
The table below lists competitors of LogicMark Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Challenger Energy Group PLC
LSE:CEG
|
UK | GBX13.66 Million |
|
Haoxi Health Technology Limited Class A Ordinary Shares
NASDAQ:HAO
|
USA | $4.70 Million |
|
Global PVQ SE
HM:QCE
|
Germany | €1.18 Billion |
|
GCL Global Holdings Ltd Warrants
NASDAQ:GCLWW
|
USA | $123.85 Million |
|
New Destiny Mining Corp
V:NED
|
Canada | CA$2.49 Million |
|
Sosandar Plc
LSE:SOS
|
UK | GBX11.14 Million |
|
Qlucore AB (publ)
ST:NOVKAN
|
USA | Skr1.67 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. For the full company profile including market capitalisation, see LGMK market cap overview.
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