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LGMK (LogicMark) Equity-to-Asset : 0.86 (As of Dec. 2024)


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What is LogicMark Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LogicMark's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $12.19 Mil. LogicMark's Total Assets for the quarter that ended in Dec. 2024 was $14.22 Mil. Therefore, LogicMark's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.86.

The historical rank and industry rank for LogicMark's Equity-to-Asset or its related term are showing as below:

LGMK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.43   Max: 0.94
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of LogicMark was 0.94. The lowest was 0.08. And the median was 0.43.

LGMK's Equity-to-Asset is ranked better than
91.7% of 687 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs LGMK: 0.86

LogicMark Equity-to-Asset Historical Data

The historical data trend for LogicMark's Equity-to-Asset 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 Equity-to-Asset Chart

LogicMark Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.94 0.89 0.88 0.86

LogicMark Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Equity-to-Asset 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 0.88 0.86 0.88 0.88 0.86

Competitive Comparison of LogicMark's Equity-to-Asset

For the Health Information Services subindustry, LogicMark's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LogicMark's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where LogicMark's Equity-to-Asset falls into.


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LogicMark Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

LogicMark's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=12.193/14.221
=0.86

LogicMark's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=12.193/14.221
=0.86

* 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.


LogicMark  (NAS:LGMK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


LogicMark Equity-to-Asset Related Terms

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


LogicMark Business Description

Traded in Other Exchanges
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