Debt to Equity Ratio: 0.03
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.03 is 41% below its 5-year average of 0.05, near the low end of its 5-year range (0.01–0.09).
As of Thursday, June 25, 2026. 49.36% below its 12-month average of 0.06.
LWLG Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
LWLG Average Debt to Equity Ratio Chart
LWLG Current vs Average Debt to Equity Ratio Chart
LWLG Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.03
DEBT TO EQUITY RATIO AVG TTM
0.06
DEBT TO EQUITY RATIO AVG 3Y
0.08
DEBT TO EQUITY RATIO AVG 5Y
0.05
DEBT TO EQUITY RATIO AVG 10Y
0.05
DEBT TO EQUITY RATIO AVG 15Y
0.04
DEBT TO EQUITY RATIO AVG 20Y
0.02
CURRENT VS TTM AVG
-49.36%
CURRENT VS 3Y AVG
-61.31%
CURRENT VS 5Y AVG
-40.91%
CURRENT VS 10Y AVG
-42.82%
CURRENT VS 15Y AVG
-13.50%
CURRENT VS 20Y AVG
+86.56%
LWLG Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.29B | 0.03 | 0.06 | 0.08 | 0.05 |
| C3.ai, Inc. (AI)vs › | $1.32B | 0.00 | 0.01 | 0.00 | 0.00 |
| POET Technologies Inc. (POET)vs › | $1.34B | 0.04 | 0.19 | 0.13 | 0.21 |
| Red Cat Holdings, Inc. (RCAT)vs › | $960.91M | 0.07 | 0.06 | 0.05 | 0.11 |
| ZoomInfo Technologies Inc. (GTM)vs › | $834.05M | 1.20 | 1.01 | 0.81 | 0.91 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $766.18M | N/A | N/A | N/A | N/A |
| Oddity Tech Ltd. (ODD)vs › | $748.94M | 1.53 | 0.81 | 0.45 | 0.33 |
| LightPath Technologies, Inc. (LPTH)vs › | $603.56M | 0.97 | 0.66 | 0.54 | 0.47 |
| One Stop Systems, Inc. (OSS)vs › | $399.03M | 0.03 | 0.07 | 0.09 | 0.10 |
| Nano Dimension Ltd. (NNDM)vs › | $290.80M | 0.02 | 0.01 | 0.01 | 0.01 |
Financial Health
Debt/Equity
0.03
Current Ratio
32.69
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The debt to equity ratio for LWLG stock is 0.03.
- Is Lightwave Logic, Inc.'s debt to equity ratio high or low?
- The debt to equity ratio of 0.03 is 41% below its 5-year average of 0.05, near the low end of its 5-year range (0.01–0.09).
- What is the TTM average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The TTM average debt to equity ratio for LWLG stock is 0.06.
- What is the 3Y average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The 3Y average debt to equity ratio for LWLG stock is 0.08.
- What is the 5Y average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The 5Y average debt to equity ratio for LWLG stock is 0.05.
- What is the 10Y average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The 10Y average debt to equity ratio for LWLG stock is 0.05.
- What is the 15Y average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The 15Y average debt to equity ratio for LWLG stock is 0.04.
- What is the 20Y average debt to equity ratio for Lightwave Logic, Inc. (LWLG)?
- The 20Y average debt to equity ratio for LWLG stock is 0.02.
LWLG Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-03-31 | 0.03 |
| 2025-12-31 | 0.03 |
| 2025-09-30 | 0.06 |
| 2025-06-30 | 0.09 |
| 2025-03-31 | 0.09 |
| 2024-12-31 | 0.08 |
| 2024-09-30 | 0.08 |
| 2024-06-30 | 0.08 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.08 |
| 2023-09-30 | 0.08 |
| 2023-06-30 | 0.08 |
| 2023-03-31 | 0.01 |
| 2022-12-31 | 0.01 |
| 2022-09-30 | 0.01 |
| 2022-06-30 | 0.02 |
| 2022-03-31 | 0.02 |
| 2021-12-31 | 0.02 |
| 2021-09-30 | 0.04 |
| 2021-06-30 | 0.04 |
| 2021-03-31 | 0.07 |
| 2020-12-31 | 0.12 |
| 2020-09-30 | 0.26 |
| 2020-06-30 | 0.26 |
| 2020-03-31 | 0.17 |
| 2019-12-31 | 0.18 |
| 2019-09-30 | 0.19 |
| 2019-06-30 | 0.18 |
| 2019-03-31 | 0.18 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.04 |
| 2007-06-30 | 0.02 |
| 2007-03-31 | 0.02 |
| 2006-12-31 | 0.03 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
Related 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.
- Sector
- Technology
- Industry
- Chemicals - Specialty
- CEO
- Yves LeMaitre