Interest Coverage Ratio: -9581.29x
Is the interest coverage ratio high or low?
The interest coverage ratio of -9581.29x is 43% below its 5-year average of -6701.00x, around the middle of its 5-year range (-15313.73x–-5.33x).
As of Thursday, June 25, 2026.
LWLG Interest Coverage Ratio
Reported quarterly interest coverage; no daily interpolation.
LWLG Average Interest Coverage Ratio Chart
LWLG Current vs Average Interest Coverage Ratio Chart
LWLG Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
-9581.29x
INTEREST COVERAGE RATIO AVG TTM
N/A
INTEREST COVERAGE RATIO AVG 3Y
-4871.60x
INTEREST COVERAGE RATIO AVG 5Y
-6701.00x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-96.68%
CURRENT VS 5Y AVG
-42.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
LWLG Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.29B | -9581.29x | N/A | -4871.60x | -6701.00x |
| C3.ai, Inc. (AI)vs › | $1.32B | N/A | N/A | N/A | N/A |
| POET Technologies Inc. (POET)vs › | $1.41B | -235.09x | N/A | N/A | N/A |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.01B | N/A | 0.64x | 0.64x | 0.64x |
| ZoomInfo Technologies Inc. (GTM)vs › | $834.05M | 5.30x | 3.89x | 4.30x | 3.39x |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $778.19M | N/A | N/A | N/A | N/A |
| Oddity Tech Ltd. (ODD)vs › | $733.55M | N/A | 1521.05x | 771.65x | 518.88x |
| LightPath Technologies, Inc. (LPTH)vs › | $607.07M | -10.57x | 6.32x | 6.11x | 17.93x |
| One Stop Systems, Inc. (OSS)vs › | $399.03M | -1339.32x | 6.49x | 6.49x | 6.49x |
| Nano Dimension Ltd. (NNDM)vs › | $286.62M | -821.51x | 0.16x | 0.16x | 0.16x |
Financial Health Indicators
Interest Coverage
-9581.3x
Debt/Equity
0.03
Current Ratio
32.69
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Lightwave Logic, Inc. (LWLG)?
- The interest coverage ratio for LWLG stock is -9581.29x.
- Is Lightwave Logic, Inc.'s interest coverage ratio high or low?
- The interest coverage ratio of -9581.29x is 43% below its 5-year average of -6701.00x, around the middle of its 5-year range (-15313.73x–-5.33x).
- What is the 3Y average interest coverage ratio for Lightwave Logic, Inc. (LWLG)?
- The 3Y average interest coverage ratio for LWLG stock is -4871.60x.
- What is the 5Y average interest coverage ratio for Lightwave Logic, Inc. (LWLG)?
- The 5Y average interest coverage ratio for LWLG stock is -6701.00x.
LWLG Interest Coverage Ratio History
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2014-12-31 | -9581.29x |
| 2012-12-31 | -161.90x |
| 2011-09-30 | -6369.46x |
| 2011-06-30 | -5.33x |
| 2011-03-31 | -14470.47x |
| 2010-12-31 | -6736.28x |
| 2010-09-30 | -5319.89x |
| 2010-06-30 | -4682.28x |
| 2010-03-31 | -15313.73x |
| 2009-12-31 | -4369.39x |
| 2009-09-30 | -1912.58x |
| 2009-06-30 | -1152.42x |
| 2009-03-31 | -1828.46x |
| 2008-12-31 | -995.74x |
| 2008-09-30 | -1442.67x |
| 2008-06-30 | -2162.49x |
| 2008-03-31 | -1203.80x |
| 2007-12-31 | -1282.66x |
| 2007-09-30 | -540.21x |
| 2007-06-30 | -877.58x |
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