Lightwave Total Current Assets vs Cash Analysis
LWLG Stock | USD 2.14 0.08 3.88% |
Lightwave Logic financial indicator trend analysis is infinitely more than just investigating Lightwave Logic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lightwave Logic is a good investment. Please check the relationship between Lightwave Logic Total Current Assets and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
Total Current Assets vs Cash
Total Current Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightwave Logic Total Current Assets account and Cash. At this time, the significance of the direction appears to have totally related.
The correlation between Lightwave Logic's Total Current Assets and Cash is 1.0. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Lightwave Logic, assuming nothing else is changed. The correlation between historical values of Lightwave Logic's Total Current Assets 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 Total Current Assets of Lightwave Logic 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 Total Current Assets i.e., Lightwave Logic's Total Current Assets and Cash go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Cash
Cash refers to the most liquid asset of Lightwave Logic, which is listed under current asset account on Lightwave Logic balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Lightwave Logic customers. The amounts must be unrestricted with restricted cash listed in a different Lightwave Logic 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 Lightwave Logic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightwave Logic 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 Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.At this time, Lightwave Logic's Selling General Administrative is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Enterprise Value is estimated to increase to about 433 M, while Issuance Of Capital Stock is projected to decrease to roughly 14.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 13.8K | 91.7K | 82.5K | 86.6K | Depreciation And Amortization | 878.5K | 1.0M | 1.3M | 1.4M |
Lightwave Logic fundamental ratios Correlations
Click cells to compare fundamentals
Lightwave Logic Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lightwave Logic fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.8M | 7.4M | 27.2M | 29.3M | 41.8M | 43.9M | |
Other Current Liab | 630.3K | 186.1K | 1.2M | 522.2K | 951.2K | 998.8K | |
Total Current Liabilities | 997.6K | 933.0K | 1.6M | 1.5M | 2.6M | 2.7M | |
Total Stockholder Equity | 4.9M | 5.8M | 25.2M | 27.6M | 36.4M | 38.3M | |
Property Plant And Equipment Net | 3.3M | 2.6M | 2.7M | 2.9M | 7.8M | 8.2M | |
Net Debt | (1.4M) | (2.2M) | (22.9M) | (23.7M) | (28.5M) | (27.1M) | |
Retained Earnings | (64.3M) | (71.0M) | (89.6M) | (106.8M) | (127.9M) | (121.5M) | |
Accounts Payable | 103.2K | 169.2K | 215.7K | 791.7K | 1.4M | 1.5M | |
Cash | 2.2M | 3.3M | 23.4M | 24.1M | 31.4M | 33.0M | |
Non Current Assets Total | 4.2M | 3.5M | 3.6M | 3.9M | 9.1M | 9.5M | |
Non Currrent Assets Other | 10.0 | 1.6M | 536.45 | 358.3K | 412.0K | 393.5K | |
Cash And Short Term Investments | 2.2M | 3.3M | 23.4M | 24.1M | 31.4M | 33.0M | |
Common Stock Shares Outstanding | 83.3M | 91.9M | 105.2M | 111.8M | 115.5M | 68.4M | |
Liabilities And Stockholders Equity | 6.8M | 7.4M | 27.2M | 29.3M | 41.8M | 43.9M | |
Non Current Liabilities Total | 919.5K | 658.3K | 438.3K | 206.4K | 2.8M | 2.9M | |
Other Current Assets | 371.5K | 436.9K | 232.3K | 597.7K | 1.2M | 1.3M | |
Other Stockholder Equity | 69.1M | 76.6M | 114.7M | 134.4M | 164.6M | 172.9M | |
Total Liab | 1.9M | 1.6M | 2.0M | 1.7M | 5.3M | 5.6M | |
Total Current Assets | 2.6M | 3.9M | 23.7M | 25.4M | 32.7M | 34.3M | |
Short Term Debt | 156.5K | 577.7K | 178.2K | 190.1K | 144.1K | 125.9K | |
Intangible Assets | 939.5K | 916K | 848.1K | 1.0M | 1.3M | 634.7K | |
Common Stock | 87.4K | 97.8K | 110.6K | 112.9K | 118.1K | 71.1K | |
Property Plant Equipment | 3.3M | 2.6M | 2.7M | 2.5M | 2.9M | 1.6M | |
Net Tangible Assets | 4.0M | 4.9M | 24.4M | 27.6M | 31.7M | 33.3M | |
Common Stock Total Equity | 87.4K | 97.8K | 110.6K | 112.9K | 129.8K | 92.1K | |
Retained Earnings Total Equity | (64.3M) | (71.0M) | (89.6M) | (106.8M) | (96.2M) | (101.0M) | |
Capital Surpluse | 69.1M | 76.6M | 114.7M | 134.4M | 154.6M | 79.5M | |
Other Liab | 216.1K | 121.9K | 80.1K | 38.3K | 44.0K | 41.8K | |
Capital Lease Obligations | 860.0K | 703.5K | 536.4K | 358.3K | 2.9M | 3.1M | |
Property Plant And Equipment Gross | 3.3M | 1.9K | 5.9M | 6.9M | 12.5M | 13.1M | |
Non Current Liabilities Other | 52.4K | 658.3K | 438.3K | 206.4K | 237.4K | 211.7K | |
Net Invested Capital | 4.9M | 6.2M | 25.2M | 27.6M | 36.4M | 38.3M | |
Net Working Capital | 1.6M | 2.9M | 22.1M | 23.9M | 30.1M | 31.6M | |
Capital Stock | 87.4K | 97.8K | 110.6K | 112.9K | 118.1K | 111.1K |
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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 (0.37) | Return On Equity (0.64) |
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.