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Lightwave LogicLWLG -1.89%28 Current Ratio is 33.99 as of Mar. 2026, which is 112% above its 10-year median of 16.06. GuruFocus rates LWLG with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,606 Chemicals companies, Lightwave Logic ranks better than 99.38% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Lightwave Logic's current ratio for the quarter that ended in Mar. 2026 was 33.99.
Lightwave Logic has a current ratio of 33.99. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Lightwave Logic's Current Ratio or its related term are showing as below:
LWLG'
s Current Ratio Range Over the Past 10 Years
Min: 2.35 Med: 16.06 Max: 36.44
Current: 33.99
During the past 13 years, Lightwave Logic's highest Current Ratio was 36.44. The lowest was 2.35. And the median was 16.06.
LWLG's Current Ratio is ranked better than 99.38% of 1606
companies
in the Chemicals industry
Industry Median: 1.89
vs LWLG: 33.99
Lightwave Logic (NAS:LWLG) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Lightwave Logic Current Ratio Related Terms
Lightwave Logic Current Ratio Historical Data
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The historical data trend for Lightwave Logic's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Chemicals subindustry, Lightwave Logic's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lightwave Logic Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lightwave Logic's Current Ratio distribution charts can be found below:
* The bar in red indicates where Lightwave Logic's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lightwave Logic (LWLG) has a Current Ratio of 33.99 as of Mar. 2026. This is 112% above median its historical median of 16.06. Over the past decade, Lightwave Logic's Current Ratio has ranged from 2.35 to 36.44. According to the industry distribution chart, Lightwave Logic ranks #10 out of 1606 companies in the Chemicals industry, placing it in the top 0.59999999999999%.
Is Lightwave Logic's Current Ratio too high?
Lightwave Logic's current Current Ratio of 33.99 is 112% above median its 10-year median of 16.06. Over the past 10 years, this metric has ranged from a low of 2.35 to a high of 36.44. The Chemicals industry median Current Ratio is 1.89. Lightwave Logic's value of 33.99 is 1698.4% above this industry median. Based on the distribution chart, Lightwave Logic ranks #10 out of 1606 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Lightwave Logic has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Lightwave Logic's Current Ratio compare to SCL and ECVT?
According to the Chemicals industry distribution chart, Lightwave Logic ranks #10 out of 1606 companies for Current Ratio. This places Lightwave Logic in the top 1% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Lightwave Logic's value of 33.99 is 1698.4% above this benchmark. Historically, Lightwave Logic's own Current Ratio has ranged from 2.35 to 36.44 over the past decade. While the company's 10-year median is 16.06 vs. the industry median of 1.89, Lightwave Logic has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,606 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lightwave Logic's current Current Ratio of 33.99 is 1698.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightwave Logic's current Current Ratio is 33.99, which is 112% above median its own 10-year median of 16.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightwave Logic stock overvalued right now?
Lightwave Logic (LWLG) has a current Current Ratio of 33.99. The current Current Ratio is 33.99, which is 112% above median its 10-year median of 16.06 and 1698.4% above the Chemicals industry median of 1.89. Lightwave Logic's overall GF Score™ is 28/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Lightwave Logic (LWLG), the current Current Ratio is 33.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Lightwave Logic Inc is a specialty materials and intellectual property company focused on the development and commercialization of proprietary electro-optic (EO) polymer materials designed to enable high-speed optical modulators for data communications and other photonic applications. Its Perkinamine family of EO polymers is designed for integration into silicon photonics (SiPh) and other photonic integrated circuit (PIC) platforms, supporting high-speed optical modulation with lower drive voltage requirements compared with some conventional silicon-based and III-V compound semiconductor approaches. The company operates as a single reportable segment.
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