Lightwave Logic Balance Sheet Health
Financial Health criteria checks 6/6
Lightwave Logic has a total shareholder equity of $36.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.8M and $5.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$31.43m |
| Equity | US$36.43m |
| Total liabilities | US$5.35m |
| Total assets | US$41.78m |
Recent financial health updates
Lightwave Logic (NASDAQ:LWLG) Is In A Good Position To Deliver On Growth Plans
Nov 28
Lightwave 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
Lightwave 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 ($32.7M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: LWLG's short term assets ($32.7M) exceed its long term liabilities ($2.8M).
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 1.4 years if free cash flow continues to reduce at historical rates of 22.8% each year.