LogicMark Property Plant And Equipment Net vs Total Current Assets Analysis
LGMK Stock | USD 1.88 0.17 8.29% |
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 Property Plant And Equipment Net and its Total Current Assets 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.
Property Plant And Equipment Net vs Total Current Assets
Property Plant And Equipment Net vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LogicMark Property Plant And Equipment Net account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between LogicMark's Property Plant And Equipment Net and Total Current Assets is 0.78. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of LogicMark, assuming nothing else is changed. The correlation between historical values of LogicMark's Property Plant And Equipment Net and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of LogicMark are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Property Plant And Equipment Net i.e., LogicMark's Property Plant And Equipment Net and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.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 Over EBITDA is projected to rise to (4.23).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.4M | 119.5K | 137.4K | 130.5K | Depreciation And Amortization | 791.0K | 828.1K | 944.6K | 665.3K |
LogicMark fundamental ratios Correlations
Click cells to compare fundamentals
LogicMark Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LogicMark fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 25.0M | 26.9M | 30.1M | 25.6M | 17.0M | 23.4M | |
Short Long Term Debt Total | 11.9M | 10.6M | 64.3K | 69.4K | 120.2K | 114.2K | |
Other Current Liab | 1.4M | 1.1M | 730.7K | 1.6M | 1.1M | 2.0M | |
Total Current Liabilities | 5.7M | 6.5M | 1.3M | 2.4M | 2.1M | 2.0M | |
Total Stockholder Equity | 8.5M | 11.0M | 28.4M | 22.8M | 14.9M | 11.7M | |
Property Plant And Equipment Net | 203.6K | 336.0K | 248.3K | 437.9K | 317.1K | 268.0K | |
Net Debt | 10.3M | 6.3M | (12.0M) | (6.9M) | (6.3M) | (6.0M) | |
Retained Earnings | (61.8M) | (65.4M) | (78.7M) | (85.6M) | (100.2M) | (95.2M) | |
Cash | 1.6M | 4.4M | 12.0M | 7.0M | 6.4M | 4.0M | |
Non Current Assets Total | 21.7M | 21.1M | 15.7M | 16.1M | 9.0M | 16.4M | |
Cash And Short Term Investments | 1.6M | 4.4M | 12.0M | 7.0M | 6.4M | 4.0M | |
Common Stock Shares Outstanding | 143.6K | 162.9K | 315.4K | 478.7K | 1.4M | 1.4M | |
Liabilities And Stockholders Equity | 25.0M | 26.9M | 30.1M | 25.6M | 17.0M | 23.4M | |
Other Stockholder Equity | 68.5M | 74.6M | 104.7M | 106.1M | 112.9M | 60.6M | |
Total Liab | 16.5M | 16.0M | 1.7M | 25.6M | 2.1M | 2.0M | |
Total Current Assets | 3.4M | 5.9M | 14.4M | 9.5M | 8.0M | 7.0M | |
Short Term Debt | 2.1M | 2.5M | 64.3K | 69.4K | 68.3K | 64.9K | |
Common Stock | 3.0K | 4.1K | 917.0 | 961.0 | 216.0 | 205.2 | |
Accounts Payable | 2.1M | 2.7M | 492.4K | 673.1K | 901.6K | 1.4M | |
Inventory | 1.3M | 767.4K | 1.2M | 1.7M | 1.5M | 1.8M | |
Other Current Assets | 435.6K | 605.7K | 1.1M | 409.1K | 160.2K | 152.2K | |
Net Receivables | 38.5K | 133.7K | 98.7K | 402.6K | 13.6K | 13.0K | |
Non Current Liabilities Total | 10.9M | 9.5M | 385.2K | 440.3K | 51.8K | 49.2K | |
Intangible Assets | 6.0M | 5.2M | 4.5M | 4.7M | 5.5M | 5.2M | |
Other Liab | 2.7M | 1.1M | 1.1M | 195.6K | 176.1K | 167.3K | |
Net Tangible Assets | (14.8M) | (11.6M) | 10.6M | 7.7M | 8.8M | 9.3M | |
Property Plant Equipment | 145.4K | 203.6K | 336.0K | 248.3K | 285.6K | 268.3K | |
Non Currrent Assets Other | (21.7M) | (21.1M) | (15.7M) | 1.0M | 2.6M | 2.7M | |
Net Invested Capital | 18.5M | 19.8M | 26.1M | 20.5M | 12.8M | 17.0M | |
Capital Stock | 1.8M | 1.8M | 2.3M | 2.3M | 2.1M | 2.2M | |
Non Current Liabilities Other | 1.1M | 1.3M | 385.2K | 440.3K | 51.8K | 49.2K | |
Net Working Capital | (2.3M) | (578.8K) | 13.1M | 7.1M | 6.0M | 4.0M |
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Try AI Portfolio ArchitectCheck 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 (206.75) | 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.