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LogicMark (LogicMark) Net-Net Working Capital : $1.29 (As of Dec. 2023)


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What is LogicMark Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

LogicMark's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $1.29.

The industry rank for LogicMark's Net-Net Working Capital or its related term are showing as below:

LGMK's Price-to-Net-Net-Working-Capital is ranked better than
95.51% of 178 companies
in the Healthcare Providers & Services industry
Industry Median: 7.28 vs LGMK: 0.63

LogicMark Net-Net Working Capital Historical Data

The historical data trend for LogicMark's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LogicMark Net-Net Working Capital Chart

LogicMark Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.93 -63.60 18.95 6.18 1.29

LogicMark Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.18 5.38 3.27 1.99 1.29

Competitive Comparison of LogicMark's Net-Net Working Capital

For the Health Information Services subindustry, LogicMark's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LogicMark's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LogicMark's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where LogicMark's Price-to-Net-Net-Working-Capital falls into.



LogicMark Net-Net Working Capital Calculation

LogicMark's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.398+0.75 * 0.014+0.5 * 1.177-2.105
-2.126-0)/2.15041
=1.29

LogicMark's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.398+0.75 * 0.014+0.5 * 1.177-2.105
-2.126-0)/2.15041
=1.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


LogicMark  (NAS:LGMK) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


LogicMark Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of LogicMark's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


LogicMark (LogicMark) Business Description

Traded in Other Exchanges
N/A
Address
2801 Diode Lane, Louisville, KY, USA, 40299
LogicMark Inc provides personal emergency response systems (PERS), health communications devices, and IoT technologies to create a connected care platform. Its devices give people the ability to receive care at home and confidence to age in place. The company incorporates two-way voice communication technology directly into its medical alert pendant and provides this life-saving technology at a price point that everyday consumers can afford.
Executives
Carine Schneider director C/O LOGICMARK INC., 2801 DIODE LANE, LOUISVILLE KY 40299
Robert Arthur Curtis director C/O TECHNEST HOLDINGS, INC., 10411 MOTOR CITY DR. #650, BETHESDA MD 20817
Barbara Gutierrez director 8950 E. LOWRY BLVD., DENVER CO 80230
John P Pettitt director 3031 TISCH WAY, STE 900, SAN JOSE CA 95128
Sherice Torres director PO BOX 20833, SAN JOSE CA 95160
Mark Archer officer: Chief Financial Officer C/O NXT-ID, INC., 2801 DIODE LANE, LOUISVILLE KY 40299
Chia-lin Simmons director, officer: Chief Executive Officer 288 CHRISTIAN STREET, HANGAR C 2ND FLOOR, OXFORD CT 06478
Michael Joseph Orlando director, officer: Chief Operating Officer 1806 145TH PL SE, MILL CREEK WA 98012
C. David Tunnell director, 10 percent owner, officer: Chief Technology Officer 1721 WINDING RIDGE CIRCLE SE, PALM BAY FL 32909
Worldventures Holdings, Llc 10 percent owner 5100 TENNYSON PARKWAY, PLANO TX 75024
Wayne Tilman Nugent 10 percent owner 5100 TENNYSON PARKWAY, PLANO TX 75024
Stanley Eric Washington director 3745 OLYMPIAD DRIVE, LOS ANGELES CA 90043
Vincent S Miceli officer: Vice President and CFO 87 GRANDVIEW AVENUE, WATERBURY CT 06708
Daniel P Sharkey director
Michael D'almada-remedios director 5610 TROON COURT, DISCOVERY BAY CA 94505-9299