LogicMark Other Current Liab vs Cash Analysis

LGMK Stock  USD 0.12  0.02  22.45%   
LogicMark financial indicator trend analysis is infinitely more than just investigating LogicMark recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LogicMark is a good investment. Please check the relationship between LogicMark Other Current Liab and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.

Other Current Liab vs Cash

Other Current Liab vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LogicMark Other Current Liab account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between LogicMark's Other Current Liab and Cash is 0.21. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash in the same time period over historical financial statements of LogicMark, assuming nothing else is changed. The correlation between historical values of LogicMark's Other Current Liab and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of LogicMark are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Current Liab i.e., LogicMark's Other Current Liab and Cash go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Liab

Cash

Cash refers to the most liquid asset of LogicMark, which is listed under current asset account on LogicMark balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from LogicMark customers. The amounts must be unrestricted with restricted cash listed in a different LogicMark account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from LogicMark's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LogicMark current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.At this time, LogicMark's Tax Provision is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 6.8 M this year, although Enterprise Value will most likely fall to (5.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.4M119.5K137.4K130.5K
Depreciation And Amortization791.0K828.1K944.6K665.3K

LogicMark fundamental ratios Correlations

0.730.790.730.750.630.37-0.620.540.970.540.170.670.790.760.26-0.180.480.620.670.29-0.290.12-0.36-0.14-0.39
0.730.690.860.160.310.89-0.1-0.080.82-0.08-0.30.160.80.250.60.280.580.760.550.01-0.010.490.240.20.1
0.790.690.870.350.480.48-0.220.210.780.21-0.010.240.790.580.08-0.120.740.480.780.180.240.370.050.380.1
0.730.860.870.160.560.69-0.150.110.730.11-0.190.190.850.510.440.110.830.750.850.120.170.430.170.30.13
0.750.160.350.160.55-0.25-0.780.850.650.850.380.890.380.78-0.06-0.34-0.040.170.260.45-0.51-0.2-0.74-0.47-0.7
0.630.310.480.560.55-0.01-0.690.580.50.580.350.690.590.780.33-0.090.350.620.720.59-0.31-0.19-0.51-0.32-0.49
0.370.890.480.69-0.25-0.010.26-0.520.53-0.52-0.48-0.220.61-0.190.620.470.450.590.31-0.130.20.590.570.410.4
-0.62-0.1-0.22-0.15-0.78-0.690.26-0.72-0.53-0.72-0.77-0.94-0.28-0.67-0.120.440.07-0.42-0.34-0.310.810.630.930.740.93
0.54-0.080.210.110.850.58-0.52-0.720.361.00.430.810.180.88-0.2-0.480.090.10.330.31-0.43-0.33-0.78-0.51-0.68
0.970.820.780.730.650.50.53-0.530.360.360.090.570.810.590.34-0.070.430.650.580.23-0.280.2-0.25-0.08-0.31
0.54-0.080.210.110.850.58-0.52-0.721.00.360.430.810.180.88-0.2-0.480.090.10.330.31-0.43-0.33-0.78-0.51-0.68
0.17-0.3-0.01-0.190.380.35-0.48-0.770.430.090.430.59-0.170.32-0.25-0.64-0.190.060.12-0.01-0.63-0.88-0.8-0.57-0.73
0.670.160.240.190.890.69-0.22-0.940.810.570.810.590.360.730.14-0.35-0.060.360.310.41-0.73-0.44-0.87-0.68-0.87
0.790.80.790.850.380.590.61-0.280.180.810.18-0.170.360.50.350.010.660.620.730.520.020.380.00.09-0.05
0.760.250.580.510.780.78-0.19-0.670.880.590.880.320.730.5-0.05-0.410.470.350.720.38-0.23-0.14-0.57-0.25-0.47
0.260.60.080.44-0.060.330.62-0.12-0.20.34-0.2-0.250.140.35-0.050.72-0.010.80.120.01-0.290.240.11-0.16-0.11
-0.180.28-0.120.11-0.34-0.090.470.44-0.48-0.07-0.48-0.64-0.350.01-0.410.72-0.240.31-0.29-0.060.260.620.550.310.4
0.480.580.740.83-0.040.350.450.070.090.430.09-0.19-0.060.660.47-0.01-0.240.380.870.030.40.320.270.420.33
0.620.760.480.750.170.620.59-0.420.10.650.10.060.360.620.350.80.310.380.550.02-0.330.1-0.13-0.17-0.27
0.670.550.780.850.260.720.31-0.340.330.580.330.120.310.730.720.12-0.290.870.550.270.080.06-0.10.12-0.04
0.290.010.180.120.450.59-0.13-0.310.310.230.31-0.010.410.520.380.01-0.060.030.020.27-0.080.0-0.3-0.24-0.26
-0.29-0.010.240.17-0.51-0.310.20.81-0.43-0.28-0.43-0.63-0.730.02-0.23-0.290.260.4-0.330.08-0.080.710.80.930.92
0.120.490.370.43-0.2-0.190.590.63-0.330.2-0.33-0.88-0.440.38-0.140.240.620.320.10.060.00.710.750.750.7
-0.360.240.050.17-0.74-0.510.570.93-0.78-0.25-0.78-0.8-0.870.0-0.570.110.550.27-0.13-0.1-0.30.80.750.830.96
-0.140.20.380.3-0.47-0.320.410.74-0.51-0.08-0.51-0.57-0.680.09-0.25-0.160.310.42-0.170.12-0.240.930.750.830.9
-0.390.10.10.13-0.7-0.490.40.93-0.68-0.31-0.68-0.73-0.87-0.05-0.47-0.110.40.33-0.27-0.04-0.260.920.70.960.9
Click cells to compare fundamentals

LogicMark Account Relationship Matchups

LogicMark fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.0M26.9M30.1M25.6M17.0M23.4M
Short Long Term Debt Total11.9M10.6M64.3K69.4K120.2K114.2K
Other Current Liab1.4M1.3M784.9K1.7M1.1M2.0M
Total Current Liabilities5.7M6.5M1.3M2.4M2.1M2.0M
Total Stockholder Equity8.5M11.0M28.4M22.8M14.9M11.7M
Property Plant And Equipment Net203.6K336.0K248.3K437.9K317.1K268.0K
Net Debt10.3M6.3M(12.0M)(6.9M)(6.3M)(6.0M)
Retained Earnings(61.8M)(65.4M)(78.7M)(85.6M)(100.2M)(95.2M)
Cash1.6M4.4M12.0M7.0M6.4M4.0M
Non Current Assets Total21.7M21.1M15.7M16.1M9.0M16.4M
Cash And Short Term Investments1.6M4.4M12.0M7.0M6.4M4.0M
Common Stock Shares Outstanding143.6K162.9K315.4K478.7K1.4M1.4M
Liabilities And Stockholders Equity25.0M26.9M30.1M25.6M17.0M23.4M
Other Stockholder Equity68.5M74.6M104.7M106.1M114.8M60.8M
Total Liab16.5M16.0M1.7M25.6M2.1M2.0M
Total Current Assets3.4M5.9M14.4M9.5M8.0M7.0M
Short Term Debt2.1M2.5M64.3K69.4K68.3K64.9K
Common Stock3.0K4.1K917.0961.0216.0205.2
Accounts Payable2.1M2.7M492.4K673.1K901.6K1.4M
Inventory1.3M767.4K1.2M1.7M1.5M1.8M
Other Current Assets435.6K605.7K1.1M7.7M160.2K152.2K
Net Receivables38.5K133.7K98.7K402.6K13.6K13.0K
Non Current Liabilities Total10.9M9.5M385.2K440.3K51.8K49.2K
Intangible Assets6.0M5.2M4.5M4.7M5.5M5.2M
Other Liab2.7M1.1M1.1M195.6K176.1K167.3K
Net Tangible Assets(14.8M)(11.6M)10.6M7.7M8.8M9.3M
Property Plant Equipment145.4K203.6K336.0K248.3K285.6K268.3K
Non Currrent Assets Other(21.7M)(21.1M)(15.7M)1.0M2.6M2.7M
Net Invested Capital18.5M19.8M26.1M20.5M12.8M17.0M
Capital Stock1.8M1.8M2.3M2.3M2.1M2.2M
Non Current Liabilities Other1.1M1.3M385.2K440.3K51.8K49.2K
Net Working Capital(2.3M)(578.8K)13.1M7.1M6.0M4.0M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether LogicMark is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LogicMark Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Logicmark Stock. Highlighted below are key reports to facilitate an investment decision about Logicmark Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LogicMark. If investors know LogicMark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LogicMark listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(9.74)
Revenue Per Share
5.212
Quarterly Revenue Growth
0.004
Return On Assets
(0.23)
Return On Equity
(0.80)
The market value of LogicMark is measured differently than its book value, which is the value of LogicMark that is recorded on the company's balance sheet. Investors also form their own opinion of LogicMark's value that differs from its market value or its book value, called intrinsic value, which is LogicMark's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LogicMark's market value can be influenced by many factors that don't directly affect LogicMark's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LogicMark's value and its price as these two are different measures arrived at by different means. Investors typically determine if LogicMark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LogicMark's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.