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Lightwave Logic Inc (LWLG)
NASDAQ:LWLG
US Market

Lightwave Logic (LWLG) Ratios

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Lightwave Logic Ratios

LWLG's free cash flow for Q3 2025 was $-17.63. For the 2025 fiscal year, LWLG's free cash flow was decreased by $ and operating cash flow was $-174.88. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
31.06 15.75 12.66 16.86 14.92
Quick Ratio
31.06 15.75 12.66 16.82 14.92
Cash Ratio
30.60 15.50 12.17 16.03 14.77
Solvency Ratio
-7.71 -4.71 -3.69 -9.46 -8.56
Operating Cash Flow Ratio
-11.89 -8.71 -4.74 -6.96 -6.33
Short-Term Operating Cash Flow Coverage
-72.22 0.00 0.00 0.00 0.00
Net Current Asset Value
$ 33.01M$ 23.73M$ 27.35M$ 23.65M$ 21.64M
Leverage Ratios
Debt-to-Assets Ratio
0.06 0.07 0.07 0.01 0.02
Debt-to-Equity Ratio
0.06 0.08 0.08 0.01 0.02
Debt-to-Capital Ratio
0.06 0.08 0.07 0.01 0.02
Long-Term Debt-to-Capital Ratio
0.06 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.09 1.13 1.15 1.06 1.08
Debt Service Coverage Ratio
-101.46 0.00 0.00 -176.57 0.00
Interest Coverage Ratio
0.00 0.00 0.00 -186.99 0.00
Debt to Market Cap
<0.01 0.00 0.00 0.00 0.00
Interest Debt Per Share
0.02 0.02 0.03 <0.01 <0.01
Net Debt to EBITDA
1.69 1.21 1.45 1.47 1.29
Profitability Margins
Gross Profit Margin
-446.45%92.27%93.80%0.00%0.00%
EBIT Margin
-21018.99%-23570.98%-51943.19%0.00%0.00%
EBITDA Margin
-18952.81%-21609.53%-48723.65%0.00%0.00%
Operating Profit Margin
-21263.16%-24150.56%-52405.47%0.00%0.00%
Pretax Profit Margin
-20877.94%-23570.99%-51943.19%0.00%0.00%
Net Profit Margin
-20877.94%-23570.99%-51943.19%0.00%0.00%
Continuous Operations Profit Margin
-20877.94%-23570.99%-51943.19%0.00%0.00%
Net Income Per EBT
100.00%100.00%100.00%100.00%97.72%
EBT Per EBIT
98.19%97.60%99.12%100.53%109.62%
Return on Assets (ROA)
-46.90%-59.60%-50.35%-58.88%-68.43%
Return on Equity (ROE)
-62.24%-67.42%-57.74%-62.54%-73.92%
Return on Capital Employed (ROCE)
-49.01%-64.10%-54.15%-61.74%-66.28%
Return on Invested Capital (ROIC)
-48.80%-63.80%-53.95%-61.32%-65.82%
Return on Tangible Assets
-48.54%-61.82%-51.91%-61.03%-70.63%
Earnings Yield
-4.40%-8.88%-3.66%-3.58%-1.19%
Efficiency Ratios
Receivables Turnover
2.81 2.10 1.16 0.00 0.00
Payables Turnover
1.42 0.01 <0.01 1.32 4.07
Inventory Turnover
0.00 0.00 0.00 17.46 0.00
Fixed Asset Turnover
0.01 0.01 <0.01 0.00 0.00
Asset Turnover
<0.01 <0.01 <0.01 0.00 0.00
Working Capital Turnover Ratio
<0.01 <0.01 <0.01 0.00 0.00
Cash Conversion Cycle
-128.20 -25.29K -209.94K -311.44 -89.63
Days of Sales Outstanding
129.71 173.96 314.12 0.00 0.00
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
257.91 25.47K 210.26K 311.44 89.63
Operating Cycle
129.71 173.96 314.12 0.00 0.00
Cash Flow Ratios
Operating Cash Flow Per Share
-0.10 -0.13 -0.11 -0.09 -0.10
Free Cash Flow Per Share
-0.12 -0.15 -0.14 -0.11 -0.11
CapEx Per Share
0.01 0.02 0.03 0.01 0.01
Free Cash Flow to Operating Cash Flow
1.10 1.17 1.29 1.15 1.11
Dividend Paid and CapEx Coverage Ratio
-9.89 -5.76 -3.40 -6.68 -8.99
Capital Expenditure Coverage Ratio
-9.89 -5.76 -3.40 -6.68 -8.99
Operating Cash Flow Coverage Ratio
-5.14 -5.62 -4.20 -29.21 -18.71
Operating Cash Flow to Sales Ratio
-134.91 -162.65 -302.11 0.00 0.00
Free Cash Flow Yield
-2.79%-7.19%-2.75%-2.51%-0.73%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
-22.71 -11.27 -27.33 -27.97 -86.00
Price-to-Sales (P/S) Ratio
5.32K 2.66K 14.20K 0.00 0.00
Price-to-Book (P/B) Ratio
11.58 7.60 15.78 17.49 62.12
Price-to-Free Cash Flow (P/FCF) Ratio
-35.81 -13.91 -36.31 -40.05 -140.36
Price-to-Operating Cash Flow Ratio
-35.15 -16.33 -46.99 -46.05 -155.97
Price-to-Earnings Growth (PEG) Ratio
0.05 -2.03 -1.37 2.38 -0.65
Price-to-Fair Value
11.58 7.60 15.78 17.49 62.12
Enterprise Value Multiple
-26.37 -11.08 -27.69 -28.31 -86.91
Enterprise Value
502.88M 228.99M 546.51M 458.18M 1.54B
EV to EBITDA
-26.37 -11.08 -27.69 -28.31 -86.91
EV to Sales
5.00K 2.40K 13.49K 0.00 0.00
EV to Free Cash Flow
-33.65 -12.55 -34.51 -37.87 -135.10
EV to Operating Cash Flow
-37.05 -14.73 -44.66 -43.50 -149.73
Tangible Book Value Per Share
0.31 0.27 0.30 0.24 0.23
Shareholders’ Equity Per Share
0.32 0.28 0.32 0.25 0.24
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 0.00 <0.01 0.02
Revenue Per Share
<0.01 <0.01 <0.01 0.00 0.00
Net Income Per Share
-0.16 -0.19 -0.18 -0.15 -0.17
Tax Burden
1.00 1.00 1.00 1.00 1.00
Interest Burden
0.99 1.00 1.00 1.00 1.00
Research & Development to Revenue
125.68 175.79 392.66 0.00 0.00
SG&A to Revenue
65.12 66.64 132.33 0.00 0.00
Stock-Based Compensation to Revenue
14.46 46.44 159.48 0.00 0.00
Income Quality
0.65 0.69 0.58 0.61 0.55
Currency in USD