Lightwave Logic, Inc. logo
LWLGLightwave Logic, Inc.

Quick Ratio (Acid-Test): 33.99

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 33.99 is 38% above its 5-year average of 24.62, near the high end of its 5-year range (12.48–36.45).

As of Friday, June 26, 2026. 25.82% above its 12-month average of 27.01.

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

LWLG Quick Ratio

33.99

Reported quarterly quick ratio; no daily interpolation.

+15.51% 5Y
LWLG Quick Ratio (Acid-Test)

LWLG Average Quick Ratio (Acid-Test) Chart

LWLG Quick Ratio (Acid-Test)

LWLG Current vs Average Quick Ratio (Acid-Test) Chart

LWLG Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

33.99

QUICK RATIO (ACID-TEST) AVG TTM

27.01

QUICK RATIO (ACID-TEST) AVG 3Y

25.42

QUICK RATIO (ACID-TEST) AVG 5Y

24.62

QUICK RATIO (ACID-TEST) AVG 10Y

16.41

QUICK RATIO (ACID-TEST) AVG 15Y

15.37

QUICK RATIO (ACID-TEST) AVG 20Y

12.26

CURRENT VS TTM AVG

+25.82%

CURRENT VS 3Y AVG

+33.71%

CURRENT VS 5Y AVG

+38.05%

CURRENT VS 10Y AVG

+107.12%

CURRENT VS 15Y AVG

+121.16%

CURRENT VS 20Y AVG

+177.33%

LWLG Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Lightwave Logic, Inc. (LWLG)$1.26B33.9927.0125.4224.62
C3.ai, Inc. (AI)vs ›$1.24B6.646.757.227.58
POET Technologies Inc. (POET)vs ›$1.34B2.191.671.693.24
Red Cat Holdings, Inc. (RCAT)vs ›$960.91M13.718.396.626.04
PagerDuty, Inc. (PD)vs ›$780.78M2.011.942.152.52
ZoomInfo Technologies Inc. (GTM)vs ›$769.21M0.720.701.051.11
BTQ Technologies Corp. Common Stock (BTQ)vs ›$766.18MN/AN/AN/AN/A
Oddity Tech Ltd. (ODD)vs ›$748.94M4.062.521.791.62
LightPath Technologies, Inc. (LPTH)vs ›$652.59M0.911.021.401.45
One Stop Systems, Inc. (OSS)vs ›$401.26M8.165.243.943.37

Liquidity Comparison

Quick Ratio

33.99

Excludes inventory

Current Ratio

32.69

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The quick ratio (acid-test) for LWLG stock is 33.99.
Is Lightwave Logic, Inc.'s quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 33.99 is 38% above its 5-year average of 24.62, near the high end of its 5-year range (12.48–36.45).
What is the TTM average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The TTM average quick ratio (acid-test) for LWLG stock is 27.01.
What is the 3Y average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The 3Y average quick ratio (acid-test) for LWLG stock is 25.42.
What is the 5Y average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The 5Y average quick ratio (acid-test) for LWLG stock is 24.62.
What is the 10Y average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The 10Y average quick ratio (acid-test) for LWLG stock is 16.41.
What is the 15Y average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The 15Y average quick ratio (acid-test) for LWLG stock is 15.37.
What is the 20Y average quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
The 20Y average quick ratio (acid-test) for LWLG stock is 12.26.

LWLG Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
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
2024-03-3117.76
2023-12-3112.48
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
2019-12-312.61
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
2007-12-312.72
2007-09-301.09
2007-06-302.30
2007-03-312.14
2006-12-312.67
2006-09-300.00
2006-06-300.00
2006-03-310.00

Related Metrics

Current RatioDebt to EquityP/FCF 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
View full financials