Lightwave Logic, Inc. logo
LWLGLightwave Logic, Inc.

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 Thursday, June 25, 2026. 25.82% above its 12-month average of 27.01.

Quick Ratio|Debt to Equity|P/B Ratio|All Metrics
Current Ratio

LWLG Current Ratio

33.99

Reported quarterly current ratio; no daily interpolation.

+15.51% 5Y
LWLG Current Ratio

LWLG Average Current Ratio Chart

LWLG Current Ratio

LWLG Current vs Average Current Ratio Chart

LWLG Current Ratio Metrics

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%

LWLG Competitors' Current Ratio

NAMEMARKET CAPCURRENT RATIOTTM3Y5Y
Lightwave Logic, Inc. (LWLG)$1.29B33.9927.0125.4424.63
C3.ai, Inc. (AI)vs ›$1.32B6.646.757.227.56
POET Technologies Inc. (POET)vs ›$1.41B2.191.671.693.24
Red Cat Holdings, Inc. (RCAT)vs ›$1.01B15.2910.738.887.68
ZoomInfo Technologies Inc. (GTM)vs ›$834.05M0.720.701.051.11
BTQ Technologies Corp. Common Stock (BTQ)vs ›$778.19MN/AN/AN/AN/A
Oddity Tech Ltd. (ODD)vs ›$733.55M5.243.522.672.47
LightPath Technologies, Inc. (LPTH)vs ›$603.56M1.661.792.282.41
One Stop Systems, Inc. (OSS)vs ›$399.03M9.136.535.845.06
Nano Dimension Ltd. (NNDM)vs ›$286.62M10.0217.8122.5738.74

Liquidity Analysis

Current Ratio

33.99

Quick Ratio

32.69

Current Ratio Formula & Definition

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

Current Ratio FAQ

What is the current ratio for Lightwave Logic, Inc. (LWLG)?
The current ratio for LWLG stock is 33.99.
Is Lightwave Logic, Inc.'s 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).
What is the TTM average current ratio for Lightwave Logic, Inc. (LWLG)?
The TTM average current ratio for LWLG stock is 27.01.
What is the 3Y average current ratio for Lightwave Logic, Inc. (LWLG)?
The 3Y average current ratio for LWLG stock is 25.44.
What is the 5Y average current ratio for Lightwave Logic, Inc. (LWLG)?
The 5Y average current ratio for LWLG stock is 24.63.
What is the 10Y average current ratio for Lightwave Logic, Inc. (LWLG)?
The 10Y average current ratio for LWLG stock is 16.42.
What is the 15Y average current ratio for Lightwave Logic, Inc. (LWLG)?
The 15Y average current ratio for LWLG stock is 15.37.
What is the 20Y average current ratio for Lightwave Logic, Inc. (LWLG)?
The 20Y average current ratio for LWLG stock is 12.26.

LWLG Current Ratio History

DATECURRENT RATIO
2026-03-3133.99
2025-12-3132.69
2025-09-3031.06
2025-06-3020.72
2025-03-3116.62
2024-12-3115.75
2024-09-3024.48
2024-06-3020.08
2024-03-3117.81
2023-12-3112.66
2023-09-3036.03
2023-06-3036.45
2023-03-3132.36
2022-12-3116.86
2022-09-3024.11
2022-06-3035.38
2022-03-3128.92
2021-12-3114.92
2021-09-3019.09
2021-06-3029.43
2021-03-3117.86
2020-12-314.15
2020-09-302.35
2020-06-302.42
2020-03-312.75
2019-12-312.62
2019-09-302.79
2019-06-303.06
2019-03-317.84
2018-12-317.30
2018-09-306.02
2018-06-303.63
2018-03-314.28
2017-12-316.27
2017-09-309.98
2017-06-306.63
2017-03-3111.32
2016-12-3116.37
2016-09-3011.58
2016-06-3020.10
2016-03-3124.32
2015-12-3138.80
2015-09-3014.46
2015-06-3021.28
2015-03-317.19
2014-12-3114.85
2014-09-308.73
2014-06-3016.96
2014-03-316.53
2013-12-3119.67
2013-09-307.21
2013-06-3016.28
2013-03-3116.09
2012-12-3119.49
2012-09-3012.18
2012-06-3018.02
2012-03-3116.30
2011-12-311.68
2011-09-302.63
2011-06-302.03
2011-03-314.29
2010-12-318.86
2010-09-303.38
2010-06-301.27
2010-03-311.00
2009-12-313.90
2009-09-305.39
2009-06-3013.05
2009-03-312.81
2008-12-310.60
2008-09-301.05
2008-06-301.96
2008-03-311.03
2007-12-312.75
2007-09-301.11
2007-06-302.32
2007-03-312.15
2006-12-312.71
2006-09-300.00
2006-06-300.00
2006-03-310.00

Related Metrics

Quick RatioDebt to EquityP/B RatioAll Metrics

About Lightwave Logic, Inc.

Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in intellectual property licensing; and royalty activities. The company serves semiconductor foundries, silicon photonics device designers, and optical module manufacturers, as well as system integrators serving artificial intelligence, cloud computing, data center, and telecommunications markets. The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado.

Englewood, CO
34 employees
lightwavelogic.com
Technology / Chemicals - Specialty
Sector
Technology
Industry
Chemicals - Specialty
CEO
Yves LeMaitre
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