Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the current ratio high or low?
The current ratio of 33.99 is 38% above its 5-year average of 24.63, near the high end of its 5-year range (12.66–36.45).
As of the fiscal period ended Tuesday, March 31, 2026. 25.82% above its 12-month average of 27.01.
Reported quarterly current ratio; no daily interpolation.
CURRENT RATIO
33.99
CURRENT RATIO AVG TTM
27.01
CURRENT RATIO AVG 3Y
25.44
CURRENT RATIO AVG 5Y
24.63
CURRENT RATIO AVG 10Y
16.42
CURRENT RATIO AVG 15Y
15.37
CURRENT RATIO AVG 20Y
12.26
CURRENT VS TTM AVG
+25.82%
CURRENT VS 3Y AVG
+33.62%
CURRENT VS 5Y AVG
+37.99%
CURRENT VS 10Y AVG
+107.05%
CURRENT VS 15Y AVG
+121.10%
CURRENT VS 20Y AVG
+177.22%
SECTOR MEDIAN · BASIC MATERIALS
1.79
median of 43 covered companies
CURRENT VS SECTOR MEDIAN
+1798.84%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$1.25B
Current Ratio
33.99
TTM Avg
27.01
3Y Avg
25.44
5Y Avg
24.63
Market Cap
$8.04B
Current Ratio
1.79
TTM Avg
1.81
3Y Avg
1.82
5Y Avg
1.87
Market Cap
$9.07B
Current Ratio
2.57
TTM Avg
2.58
3Y Avg
2.48
5Y Avg
2.62
Market Cap
$9.68B
Current Ratio
1.46
TTM Avg
1.55
3Y Avg
1.59
5Y Avg
1.59
Market Cap
$12.42B
Current Ratio
1.45
TTM Avg
1.66
3Y Avg
1.79
5Y Avg
1.71
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.25B | 33.99 | 27.01 | 25.44 | 24.63 |
| Griffon Corporation (GFF)vs › | $4.92B | 2.41 | 2.66 | 2.73 | 2.67 |
| The Mosaic Company (MOS)vs › | $7.33B | 1.34 | 1.20 | 1.20 | 1.17 |
| Builders FirstSource, Inc. (BLDR)vs › | $8.04B | 1.79 | 1.81 | 1.82 | 1.87 |
| First Majestic Silver Corp. (AG)vs › | $9.07B | 2.57 | 2.58 | 2.48 | 2.62 |
| MP Materials Corp. (MP)vs › | $9.10B | 9.51 | 6.77 | 9.30 | 11.95 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.68B | 1.46 | 1.55 | 1.59 | 1.59 |
| United States Steel Corporation (X)vs › | $12.42B | 1.45 | 1.66 | 1.79 | 1.71 |
| Alcoa Corporation (AA)vs › | $13.24B | 1.53 | 1.44 | 1.52 | 1.55 |
| RPM International Inc. (RPM)vs › | $14.99B | 1.68 | 1.92 | 1.99 | 1.93 |
Current Ratio
33.99
Quick Ratio
N/A
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | CURRENT RATIO |
|---|---|
| 2026-03-31 | 33.99 |
| 2025-12-31 | 32.69 |
| 2025-09-30 | 31.06 |
| 2025-06-30 | 20.72 |
| 2025-03-31 | 16.62 |
| 2024-12-31 | 15.75 |
| 2024-09-30 | 24.48 |
| 2024-06-30 | 20.08 |
| 2024-03-31 | 17.81 |
| 2023-12-31 | 12.66 |
| 2023-09-30 | 36.03 |
| 2023-06-30 | 36.45 |
| 2023-03-31 | 32.36 |
| 2022-12-31 | 16.86 |
| 2022-09-30 | 24.11 |
| 2022-06-30 | 35.38 |
| 2022-03-31 | 28.92 |
| 2021-12-31 | 14.92 |
| 2021-09-30 | 19.09 |
| 2021-06-30 | 29.43 |
| 2021-03-31 | 17.86 |
| 2020-12-31 | 4.15 |
| 2020-09-30 | 2.35 |
| 2020-06-30 | 2.42 |
| 2020-03-31 | 2.75 |
| 2019-12-31 | 2.62 |
| 2019-09-30 | 2.79 |
| 2019-06-30 | 3.06 |
| 2019-03-31 | 7.84 |
| 2018-12-31 | 7.30 |
| 2018-09-30 | 6.02 |
| 2018-06-30 | 3.63 |
| 2018-03-31 | 4.28 |
| 2017-12-31 | 6.27 |
| 2017-09-30 | 9.98 |
| 2017-06-30 | 6.63 |
| 2017-03-31 | 11.32 |
| 2016-12-31 | 16.37 |
| 2016-09-30 | 11.58 |
| 2016-06-30 | 20.10 |
| 2016-03-31 | 24.32 |
| 2015-12-31 | 38.80 |
| 2015-09-30 | 14.46 |
| 2015-06-30 | 21.28 |
| 2015-03-31 | 7.19 |
| 2014-12-31 | 14.85 |
| 2014-09-30 | 8.73 |
| 2014-06-30 | 16.96 |
| 2014-03-31 | 6.53 |
| 2013-12-31 | 19.67 |
| 2013-09-30 | 7.21 |
| 2013-06-30 | 16.28 |
| 2013-03-31 | 16.09 |
| 2012-12-31 | 19.49 |
| 2012-09-30 | 12.18 |
| 2012-06-30 | 18.02 |
| 2012-03-31 | 16.30 |
| 2011-12-31 | 1.68 |
| 2011-09-30 | 2.63 |
| 2011-06-30 | 2.03 |
| 2011-03-31 | 4.29 |
| 2010-12-31 | 8.86 |
| 2010-09-30 | 3.38 |
| 2010-06-30 | 1.27 |
| 2010-03-31 | 1.00 |
| 2009-12-31 | 3.90 |
| 2009-09-30 | 5.39 |
| 2009-06-30 | 13.05 |
| 2009-03-31 | 2.81 |
| 2008-12-31 | 0.60 |
| 2008-09-30 | 1.05 |
| 2008-06-30 | 1.96 |
| 2008-03-31 | 1.03 |
| 2007-12-31 | 2.75 |
| 2007-09-30 | 1.11 |
| 2007-06-30 | 2.32 |
| 2007-03-31 | 2.15 |
| 2006-12-31 | 2.71 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
