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 62.84 is 152% above its 5-year average of 24.97, near the high end of its 5-year range (12.66–62.84).
As of the fiscal period ended Tuesday, June 30, 2026. 73.30% above its 12-month average of 36.26.
Reported quarterly current ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 62.84.
CURRENT RATIO
62.84
CURRENT RATIO AVG TTM
36.26
CURRENT RATIO AVG 3Y
24.86
CURRENT RATIO AVG 5Y
24.97
CURRENT RATIO AVG 10Y
16.22
CURRENT RATIO AVG 15Y
15.56
CURRENT RATIO AVG 20Y
12.41
CURRENT VS TTM AVG
+73.30%
CURRENT VS 3Y AVG
+152.75%
CURRENT VS 5Y AVG
+151.65%
CURRENT VS 10Y AVG
+287.44%
CURRENT VS 15Y AVG
+303.91%
CURRENT VS 20Y AVG
+406.19%
SECTOR MEDIAN · BASIC MATERIALS
2.02
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+3018.49%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$825.05M
Current Ratio
62.84
TTM Avg
36.26
3Y Avg
24.86
5Y Avg
24.97
Market Cap
$1.03B
Current Ratio
5.85
TTM Avg
3.34
3Y Avg
2.48
5Y Avg
3.84
Market Cap
$2.08B
Current Ratio
1.43
TTM Avg
2.46
3Y Avg
2.36
5Y Avg
2.56
Market Cap
$3.14B
Current Ratio
27.54
TTM Avg
20.09
3Y Avg
16.75
5Y Avg
15.19
Market Cap
$6.40B
Current Ratio
1.79
TTM Avg
1.81
3Y Avg
1.82
5Y Avg
1.87
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $825.05M | 62.84 | 36.26 | 24.86 | 24.97 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.03B | 5.85 | 3.34 | 2.48 | 3.84 |
| Minerals Technologies Inc. (MTX)vs › | $2.08B | 1.43 | 2.46 | 2.36 | 2.56 |
| WD-40 Company (WDFC)vs › | $2.70B | 2.65 | 2.63 | 2.58 | 2.70 |
| Endeavour Silver Corp. (EXK)vs › | $2.75B | 1.97 | 1.77 | 2.01 | 2.51 |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.14B | 27.54 | 20.09 | 16.75 | 15.19 |
| Aris Mining Corporation (ARIS)vs › | $3.89B | 1.91 | 2.19 | 2.11 | 2.71 |
| Griffon Corporation (GFF)vs › | $4.47B | 2.41 | 2.66 | 2.73 | 2.67 |
| Builders FirstSource, Inc. (BLDR)vs › | $6.40B | 1.79 | 1.81 | 1.82 | 1.87 |
| Arcosa, Inc. (ACA)vs › | $7.20B | 3.12 | 2.03 | 2.13 | 2.13 |
Current Ratio
62.84
Quick Ratio
62.84
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 |
|---|---|
| 2026-06-30 | 62.84 |
| 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 |
