Lightwave Logic Balance Sheet Health
Financial Health criteria checks 6/6
Lightwave Logic has a total shareholder equity of $37.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.7M and $4.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$31.51m |
Equity | US$37.20m |
Total liabilities | US$4.54m |
Total assets | US$41.74m |
Recent financial health updates
Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation
May 31Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Aug 15Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Apr 30We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate
Jan 13We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely
Sep 30Recent updates
Here's Why We're Not Too Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Situation
May 31Lightwave Logic: Commercialization Accelerates, But Profitability Is Far Away
May 14Lightwave Logic: Product Commercialization Progress Seems Slow
Jan 21Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Nov 28Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Aug 15Lightwave Logic GAAP EPS of -$0.03
Aug 11Lightwave Logic Isn't Getting Close To Commercialization And I'm Still Bearish
May 13Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Apr 30Lightwave Logic: Retail Investor Interest Seems To Be Fading And Being Short Looks Appealing
Feb 08We're Not Very Worried About Lightwave Logic's (NASDAQ:LWLG) Cash Burn Rate
Jan 13We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely
Sep 30Financial Position Analysis
Short Term Liabilities: LWLG's short term assets ($32.3M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: LWLG's short term assets ($32.3M) exceed its long term liabilities ($2.7M).
Debt to Equity History and Analysis
Debt Level: LWLG is debt free.
Reducing Debt: LWLG has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: LWLG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LWLG has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 23.6% each year.