Lightwave Current Ratio from 2010 to 2024

LWLG Stock  USD 2.76  0.01  0.36%   
Lightwave Logic's Current Ratio is decreasing over the last several years with very volatile swings. Current Ratio is predicted to flatten to 8.44. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
12.66070557
Current Value
8.44
Quarterly Volatility
9.43745295
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lightwave Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lightwave Logic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 86.6 K or Other Operating Expenses of 22.3 M, as well as many indicators such as Price To Sales Ratio of 18.4 K, Dividend Yield of 0.0 or PTB Ratio of 14.99. Lightwave financial statements analysis is a perfect complement when working with Lightwave Logic Valuation or Volatility modules.
  
Check out the analysis of Lightwave Logic Correlation against competitors.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.

Latest Lightwave Logic's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Lightwave Logic over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Lightwave Logic's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lightwave Logic's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 35.38 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Lightwave Current Ratio Regression Statistics

Arithmetic Mean12.67
Geometric Mean9.53
Coefficient Of Variation74.50
Mean Deviation6.97
Median12.66
Standard Deviation9.44
Sample Variance89.07
Range37.1202
R-Value(0.11)
Mean Square Error94.85
R-Squared0.01
Significance0.71
Slope(0.22)
Total Sum of Squares1,247

Lightwave Current Ratio History

2024 8.44
2023 12.66
2022 16.86
2021 14.92
2020 4.15
2019 2.62
2018 7.3

About Lightwave Logic Financial Statements

Lightwave Logic stakeholders use historical fundamental indicators, such as Lightwave Logic's Current Ratio, to determine how well the company is positioned to perform in the future. Although Lightwave Logic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lightwave Logic's assets and liabilities are reflected in the revenues and expenses on Lightwave Logic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Lightwave Logic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 12.66  8.44 

Currently Active Assets on Macroaxis

When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out the analysis of Lightwave Logic Correlation against competitors.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Specialty Chemicals 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 Lightwave Logic. If investors know Lightwave 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 Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
0.001
Return On Assets
(0.36)
Return On Equity
(0.60)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic'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 Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic'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 Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic'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.