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Lightwave LogicLWLG -1.89%28 Quick 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 quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Lightwave Logic's quick ratio for the quarter that ended in Mar. 2026 was 33.99.
Lightwave Logic has a quick ratio of 33.99. It generally indicates good short-term financial strength.
The historical rank and industry rank for Lightwave Logic's Quick Ratio or its related term are showing as below:
LWLG'
s Quick 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 Quick Ratio was 36.44. The lowest was 2.35. And the median was 16.06.
LWLG's Quick Ratio is ranked better than 99.38% of 1606
companies
in the Chemicals industry
Industry Median: 1.38
vs LWLG: 33.99
Lightwave Logic (NAS:LWLG) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Lightwave Logic Quick Ratio Related Terms
Lightwave Logic Quick Ratio Historical Data
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The historical data trend for Lightwave Logic's Quick 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 Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lightwave Logic's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Lightwave Logic's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Lightwave Logic's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 33.99 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lightwave Logic and its competitors. This is 112% above median its historical median of 16.06. Over the past decade, Lightwave Logic's Quick 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 Quick Ratio too high?
Lightwave Logic's current Quick 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 Quick Ratio is 1.38. Lightwave Logic's value of 33.99 is 2363% 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 Quick Ratio compare to SCL and ECVT?
According to the Chemicals industry distribution chart, Lightwave Logic ranks #10 out of 1606 companies for Quick Ratio. This places Lightwave Logic in the top 1% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.38. Lightwave Logic's value of 33.99 is 2363% above this benchmark. Historically, Lightwave Logic's own Quick 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 1.38, 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 Quick Ratio for a Chemicals company?
The median Quick Ratio among Chemicals companies is 1.38, based on 1,606 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lightwave Logic's current Quick Ratio of 33.99 is 2363% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Lightwave Logic and its competitors. For the Chemicals industry, the median Quick Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightwave Logic's current Quick 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 Quick Ratio of 33.99. The current Quick Ratio is 33.99, which is 112% above median its 10-year median of 16.06 and 2363% above the Chemicals industry median of 1.38. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Lightwave Logic (LWLG), the current Quick 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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