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Lightwave Logic, Inc. LWLG Interest coverage

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Other financials

Income statement

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Revenue$29.2K+27.3%
Gross profit$27.8K+33.2%
Operating income-$6.7M-37.1%
Net income-$6.3M-34.1%
EPS (diluted)-$0.040.0%

Balance sheet

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Cash & equivalents$75.1M+200%
Total debt$2.6M-6.4%
Total equity$81.3M+158%
Total assets$85.9M+141%

Cash flow

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Operating cash flow-$4.1M-16.4%
CapEx$450.5K-47.2%
Free cash flow-$4.5M-3.9%

Valuation

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Market cap$1.29B+747%
Enterprise value$1.22B+837%
P/S5,317.6×+3,586×

Profitability

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Gross margin97.5%+2.3pp
Operating margin-9,288.7%-3,592pp
Net margin-9,015.6%-3,489pp
FCF margin-6,272.6%-2,511pp

Returns & leverage

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Return on equity-38.8%-10.7pp
Debt / equity-0.1×
Current ratio34×+17.4×

Where this comes from

Calculated from Lightwave Logic, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Lightwave Logic, Inc.’s 10-K, filed March 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lightwave Logic, Inc.'s interest coverage?
Lightwave Logic, Inc. (LWLG) reported interest coverage of -31.5× in Q4 2023.
How has Lightwave Logic, Inc.'s interest coverage changed year-over-year?
Lightwave Logic, Inc.'s interest coverage increased by 61.4% year-over-year, from -81.7× to -31.5×.
What is the long-term trend for Lightwave Logic, Inc.'s interest coverage?
Over 2 years (2020 to 2023), Lightwave Logic, Inc.'s interest coverage has grown at a -25.5% compound annual growth rate (CAGR), from -56.7× to -31.5×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.