Lightwave Logic, Inc. (LWLG) Current Ratio: 32.69
Is Lightwave Logic, Inc.’s current ratio high or low?
Lightwave Logic, Inc.'s current ratio of 32.69 is 102% above its 5-year average of 16.17, near the high end of its 5-year range (4.15–32.69).
As of Wednesday, June 24, 2026. 34.97% above its 12-month average of 24.22.
LWLG Current Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
LWLG Average Current Ratio Chart
LWLG Current vs Average Current Ratio Chart
LWLG Current Ratio Metrics
CURRENT RATIO
32.69
CURRENT RATIO AVG TTM
24.22
CURRENT RATIO AVG 3Y
19.49
CURRENT RATIO AVG 5Y
16.17
CURRENT RATIO AVG 10Y
15.31
CURRENT RATIO AVG 15Y
12.94
CURRENT RATIO AVG 20Y
10.50
CURRENT VS TTM AVG
+34.97%
CURRENT VS 3Y AVG
+67.73%
CURRENT VS 5Y AVG
+102.14%
CURRENT VS 10Y AVG
+113.55%
CURRENT VS 15Y AVG
+152.58%
CURRENT VS 20Y AVG
+211.27%
LWLG Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $1.43B | 32.69 | 24.22 | 19.49 | 16.17 |
| POET Technologies Inc. (POET)vs › | $1.42B | 2.19 | 1.67 | 1.69 | 3.24 |
| C3.ai, Inc. (AI)vs › | $1.37B | 6.64 | 6.75 | 7.22 | 7.56 |
| ZoomInfo Technologies Inc. (GTM)vs › | $798.69M | 0.72 | 0.70 | 1.05 | 1.11 |
| Oddity Tech Ltd. (ODD)vs › | $722.15M | 5.24 | 3.52 | 2.67 | 2.47 |
| LightPath Technologies, Inc. (LPTH)vs › | $607.07M | 1.66 | 1.79 | 2.28 | 2.41 |
| One Stop Systems, Inc. (OSS)vs › | $421.57M | 9.13 | 6.53 | 5.84 | 5.06 |
| Nano Labs Ltd (NA)vs › | $117.16M | 2.09 | 1.92 | 1.48 | 1.24 |
| AXT, Inc. (AXTI)vs › | $3.19B | 2.72 | 2.42 | 2.34 | 2.82 |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.21B | 3.16 | 3.25 | 3.41 | 3.15 |
Liquidity Analysis
Current Ratio
32.69
Quick Ratio
32.69
Lightwave Logic, Inc. 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
Lightwave Logic, Inc. Current Ratio FAQ
- What is the current ratio for Lightwave Logic, Inc. (LWLG)?
- The current ratio for LWLG stock is 32.69.
- Is Lightwave Logic, Inc.'s current ratio high or low?
- Lightwave Logic, Inc.'s current ratio of 32.69 is 102% above its 5-year average of 16.17, near the high end of its 5-year range (4.15–32.69).
- What is the TTM average current ratio for Lightwave Logic, Inc. (LWLG)?
- The TTM average current ratio for LWLG stock is 24.22.
- What is the 3Y average current ratio for Lightwave Logic, Inc. (LWLG)?
- The 3Y average current ratio for LWLG stock is 19.49.
- What is the 5Y average current ratio for Lightwave Logic, Inc. (LWLG)?
- The 5Y average current ratio for LWLG stock is 16.17.
- What is the 10Y average current ratio for Lightwave Logic, Inc. (LWLG)?
- The 10Y average current ratio for LWLG stock is 15.31.
- What is the 15Y average current ratio for Lightwave Logic, Inc. (LWLG)?
- The 15Y average current ratio for LWLG stock is 12.94.
- What is the 20Y average current ratio for Lightwave Logic, Inc. (LWLG)?
- The 20Y average current ratio for LWLG stock is 10.50.
Lightwave Logic, Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2025-12-31 | 32.69 |
| 2024-12-31 | 15.75 |
| 2023-12-31 | 12.66 |
| 2022-12-31 | 16.86 |
| 2021-12-31 | 14.92 |
| 2020-12-31 | 4.15 |
| 2019-12-31 | 2.62 |
| 2018-12-31 | 7.30 |
| 2017-12-31 | 6.27 |
| 2016-12-31 | 16.37 |
| 2015-12-31 | 38.80 |
| 2014-12-31 | 14.85 |
| 2013-12-31 | 19.67 |
| 2012-12-31 | 19.49 |
| 2011-12-31 | 1.68 |
| 2010-12-31 | 8.86 |
| 2009-12-31 | 3.90 |
| 2008-12-31 | 0.60 |
| 2007-12-31 | 2.75 |
| 2006-12-31 | 2.71 |
| 2005-12-31 | 5.94 |
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