LogicMark Inc (LGMK) — Working Capital to Net Assets Ratio
LogicMark Inc (LGMK) has a Working Capital to Net Assets ratio of 27.1% as of December 2024. Working capital of $3.31 Million (current assets of $5.34 Million minus current liabilities of $2.03 Million) is measured against net assets of $12.19 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LogicMark Inc (LGMK) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
LogicMark Inc Working Capital to Net Assets (2012–2024)
This chart shows how LogicMark Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2012 to 2024. As of December 2024, the ratio stands at 27.1%, reflecting working capital of $3.31 Million against net assets of $12.19 Million USD. See how many days can LogicMark Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for LogicMark Inc (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for LogicMark Inc from 2012 to 2024, covering 12 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see LGMK market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.1% | $3.31 Million | $12.19 Million | $5.34 Million | $2.03 Million | ▼ -13.1 pp |
| 2023 | 40.2% | $6.00 Million | $14.91 Million | $8.05 Million | $2.05 Million | ▼ -5.9 pp |
| 2021 | 46.1% | $13.10 Million | $28.40 Million | $14.44 Million | $1.34 Million | ▲ +51.4 pp |
| 2020 | -5.3% | $-578.80K | $10.97 Million | $5.89 Million | $6.47 Million | ▲ +21.8 pp |
| 2019 | -27.1% | $-2.31 Million | $8.52 Million | $3.36 Million | $5.67 Million | ▼ -16.5 pp |
| 2018 | -10.6% | $-1.75 Million | $16.54 Million | $3.40 Million | $5.14 Million | ▼ -16.9 pp |
| 2017 | 6.3% | $1.32 Million | $20.94 Million | $12.00 Million | $10.68 Million | ▲ +79.9 pp |
| 2016 | -73.6% | $-2.07 Million | $2.82 Million | $11.25 Million | $13.32 Million | ▼ -131.2 pp |
| 2015 | 57.7% | $508.12K | $881.33K | $4.76 Million | $4.25 Million | ▼ -36.6 pp |
| 2014 | 94.3% | $2.58 Million | $2.74 Million | $3.51 Million | $928.35K | ▼ -6.1 pp |
| 2013 | 100.4% | $-1.84 Million | $-1.83 Million | $313.47K | $2.15 Million | ▼ -28.2 pp |
| 2012 | 128.6% | $-8.46K | $-6.58K | $135.82K | $144.28K | — |