Lightwave Logic, Inc.

Lightwave Logic, Inc.verified

LWLG

Price:

$2.72

Market Cap:

$328.35M

Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. The company is involved in designing and synthesizing organic chromophores for use in its electro-optic polymer systems and photonic device designs. It also offers electro-optic modulators, which converts data from electric signals to optical signals for transmission over fiber-optic cables; and polymer photonic integrated circuits, a photonic device, which integrates various photonic functions on a single chip. In addition, the company provides the ridge wave...[Read more]

Industry

Chemicals - Specialty

IPO Date

2006-05-16

Stock Exchange

NASDAQ

Ticker

LWLG

The Current Ratio as of September 2024 (TTM) for Lightwave Logic, Inc. (LWLG) is 20.08

According to Lightwave Logic, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 20.08. This represents a change of -7.22% compared to the average of 21.65 of the last 4 quarters.

Lightwave Logic, Inc. (LWLG) Historical Current Ratio (quarterly & annually)

How has LWLG Current Ratio performed in the past?

The mean historical Current Ratio of Lightwave Logic, Inc. over the last ten years is 13.48. The current 20.08 Current Ratio has changed 14.80% with respect to the historical average. Over the past ten years (40 quarters), LWLG's Current Ratio was at its highest in in the December 2015 quarter at 38.80. The Current Ratio was at its lowest in in the September 2020 quarter at 2.35.

Quarterly (TTM)
Annual

Average

13.48

Median

13.75

Minimum

2.62

Maximum

38.80

Lightwave Logic, Inc. (LWLG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lightwave Logic, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 259.39%

Maximum Annual Current Ratio = 38.80

Minimum Annual Increase = -64.17%

Minimum Annual Current Ratio = 2.62

Quarterly (TTM)
Annual
YearCurrent RatioChange
202312.66-24.90%
202216.8612.98%
202114.92259.39%
20204.1558.76%
20192.62-64.17%
20187.3016.42%
20176.27-61.71%
201616.37-57.81%
201538.80161.32%
201414.85-24.50%

Lightwave Logic, Inc. (LWLG) Average Current Ratio

How has LWLG Current Ratio performed in the past?

The current Current Ratio of Lightwave Logic, Inc. (LWLG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

14.81

5-year avg

10.24

10-year avg

13.48

Lightwave Logic, Inc. (LWLG) Current Ratio vs. Peers

How is LWLG’s Current Ratio compared to its peers?

Lightwave Logic, Inc.’s Current Ratio is greater than H.B. Fuller Company (1.89), greater than Element Solutions Inc (3.50), greater than Innospec Inc. (2.63), greater than Cabot Corporation (2.22), greater than Minerals Technologies Inc. (2.46), greater than Orion Engineered Carbons S.A. (1.39), greater than Ingevity Corporation (1.92), greater than Hawkins, Inc. (2.27), greater than Ecovyst Inc. (2.72), greater than Quaker Chemical Corporation (2.63), greater than Kronos Worldwide, Inc. (3.61), greater than Trinseo PLC (1.65), greater than NewMarket Corporation (2.66),

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