LWLG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
LWLG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Lightwave Logic's annualized net income for the quarter that ended in Mar. 2025 was $-18.79 Mil. Lightwave Logic's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $31.12 Mil. Therefore, Lightwave Logic's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -60.37%.
The historical rank and industry rank for Lightwave Logic's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Lightwave Logic's highest Return-on-Tangible-Equity was -65.44%. The lowest was -169.49%. And the median was -128.78%.
The historical data trend for Lightwave Logic's Return-on-Tangible-Equity 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.
Lightwave Logic Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial |
![]() |
![]() |
-152.15 | -127.54 | -67.73 | -68.19 | -67.02 |
Lightwave Logic Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
-63.92 | -68.55 | -63.75 | -68.92 | -60.37 |
For the Specialty Chemicals subindustry, Lightwave Logic's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
For the Chemicals industry and Basic Materials sector, Lightwave Logic's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lightwave Logic's Return-on-Tangible-Equity falls into.
Lightwave Logic's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | -22.535 | / | ( (35.179 | + | 32.069 ) | / 2 ) | |
= | -22.535 | / | 33.624 | ||||
= | -67.02 % |
Lightwave Logic's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | -18.788 | / | ( (32.069 | + | 30.175) | / 2 ) | |
= | -18.788 | / | 31.122 | ||||
= | -60.37 % |
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Lightwave Logic (NAS:LWLG) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Thank you for viewing the detailed overview of Lightwave Logic's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Frederick J Leonberger | director | C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409 |
Ronald A Bucchi | director | C/O FIRST CONNECTICUT BANCORP, INC., ONE FARM GLEN BOULEVARD, FARMINGTON CT 06032 |
Laila Partridge | director | 78 BLANCHARD ROAD, BURLINGTON MA 01803 |
Siraj Nour El-ahmadi | director | 4331 WOODCREST LANE, DALLAS TX 75206 |
Michael Stephen Lebby | director | 680 MISSION STREET, 24F, SAN FRANCISCO CA 94105 |
Craig Ciesla | director | 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD CO 80112 |
Thomas Edward Zelibor | director | 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501 |
George Lauro | director | 110 KENSINGTON DRIVE, SARATOGA CA 02021 |
Louis Charles Glasgow | officer: Chief Technology Officer | 1693 YARDLEY DRIVE, WEST CHESTER PA 19380 |
Joseph A Miller | director | ONE RIVERFRONT PLZ, CORNING NY 14831 |
Goetz Frederick J Jr | director, 10 percent owner, officer: President | 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713 |
Phillips W Smith | director, officer: Chair of Board of Directors | 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627 |
Thomas P Smith | director | 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627 |
James S. Marcelli | director, officer: Chief Executive Officer | 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501 |
Ross W. Fasick | director | 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713 |
From GuruFocus
By GuruFocus Research • 02-07-2024
By PRNewswire • 05-21-2024
By PRNewswire • 09-24-2024
By PRNewswire • 12-23-2024
By PRNewswire • 03-17-2025
By PRNewswire • 07-30-2024
By PRNewswire • 08-12-2024
By PRNewswire • 03-03-2025
By PRNewswire • 09-09-2024
By PRNewswire • 03-28-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.