Lightwave Logic, Inc. (LWLG) Quick Ratio (Acid-Test): 32.69
Is Lightwave Logic, Inc.’s quick ratio (acid-test) high or low?
Lightwave Logic, Inc.'s quick ratio (acid-test) 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 Quick Ratio (Acid-Test) Chart
Reported annual fiscal-period values; no daily interpolation.
LWLG Average Quick Ratio (Acid-Test) Chart
LWLG Current vs Average Quick Ratio (Acid-Test) Chart
LWLG Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
32.69
QUICK RATIO (ACID-TEST) AVG TTM
24.22
QUICK RATIO (ACID-TEST) AVG 3Y
19.49
QUICK RATIO (ACID-TEST) AVG 5Y
16.17
QUICK RATIO (ACID-TEST) AVG 10Y
15.26
QUICK RATIO (ACID-TEST) AVG 15Y
12.91
QUICK RATIO (ACID-TEST) AVG 20Y
10.47
CURRENT VS TTM AVG
+34.97%
CURRENT VS 3Y AVG
+67.73%
CURRENT VS 5Y AVG
+102.14%
CURRENT VS 10Y AVG
+114.23%
CURRENT VS 15Y AVG
+153.28%
CURRENT VS 20Y AVG
+212.18%
LWLG Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | 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 | 7.58 |
| ZoomInfo Technologies Inc. (GTM)vs › | $798.69M | 0.72 | 0.70 | 1.05 | 1.11 |
| Oddity Tech Ltd. (ODD)vs › | $722.15M | 4.06 | 2.52 | 1.79 | 1.62 |
| LightPath Technologies, Inc. (LPTH)vs › | $607.07M | 0.91 | 1.02 | 1.40 | 1.45 |
| One Stop Systems, Inc. (OSS)vs › | $421.57M | 8.16 | 5.24 | 3.94 | 3.37 |
| Nano Labs Ltd (NA)vs › | $117.16M | 2.03 | 1.82 | 1.28 | 1.05 |
| AXT, Inc. (AXTI)vs › | $3.19B | 1.82 | 1.41 | 1.27 | 1.66 |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.21B | 1.38 | 1.44 | 1.46 | 1.52 |
Liquidity Comparison
Quick Ratio
32.69
Excludes inventory
Current Ratio
32.69
Includes inventory
Lightwave Logic, Inc. 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
Lightwave Logic, Inc. 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 32.69.
- Is Lightwave Logic, Inc.'s quick ratio (acid-test) high or low?
- Lightwave Logic, Inc.'s quick ratio (acid-test) 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 quick ratio (acid-test) for Lightwave Logic, Inc. (LWLG)?
- The TTM average quick ratio (acid-test) for LWLG stock is 24.22.
- 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 19.49.
- 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 16.17.
- 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 15.26.
- 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 12.91.
- 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 10.47.
Lightwave Logic, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 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 | 2.61 |
| 2018-12-31 | 7.16 |
| 2017-12-31 | 6.27 |
| 2016-12-31 | 15.98 |
| 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 | 2.72 |
| 2006-12-31 | 2.67 |
| 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