Lightwave Logic Balance Sheet Health
Financial Health criteria checks 6/6
Lightwave Logic has a total shareholder equity of $33.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $37.2M and $3.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.88m |
| Equity | US$33.47m |
| Total liabilities | US$3.76m |
| Total assets | US$37.24m |
Recent financial health updates
We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely
Nov 14
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 13Recent updates
We're Hopeful That Lightwave Logic (NASDAQ:LWLG) Will Use Its Cash Wisely
Nov 14Here'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 ($27.5M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: LWLG's short term assets ($27.5M) exceed its long term liabilities ($2.6M).
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 years if free cash flow continues to reduce at historical rates of 25.3% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lightwave Logic, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dan Trang | Stonegate Capital Markets, Inc. |