LWLG (Lightwave Logic) Total Current Assets : $27.47 Mil (As of Sep. 2024)

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What is Lightwave Logic Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lightwave Logic's total current assets for the quarter that ended in Sep. 2024 was $27.47 Mil.

Lightwave Logic Total Current Assets Historical Data

The historical data trend for Lightwave Logic's Total Current Assets 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.

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Lightwave Logic Total Current Assets Chart

Lightwave Logic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2.61

3.87

23.67

25.36

32.70

Lightwave Logic Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															31.44	32.70	32.26	29.97	27.47

Lightwave Logic Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Lightwave Logic's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	31.432	+	0.035	+	0	+	1.233
	=	32.70

Lightwave Logic's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	26.882	+	0.027	+	0	+	0.562
	=	27.47

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Lightwave Logic (NAS:LWLG) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Lightwave Logic's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	26.882	-	3.765	+	0.75 * 0.027	+	0.5 * 0
=	23.14

Lightwave Logic Total Current Assets Related Terms

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Lightwave Logic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lightwave Logic Inc (NAS:LWLG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

369 Inverness Parkway, Suite 350, Englewood, CO, USA, 80112

Website

https://www.lightwavelogic.com

Lightwave Logic Inc is a United States-based development stage company moving toward commercialization of next-generation electro-optic photonic devices made on its P2IC technology platform which uses in-house proprietary high-activity and high-stability organic polymers. Electro-optical devices convert data from electric signals into optical signals for multiple applications. It designs and synthesizes organic chromophores for use in its own proprietary electro-optic polymer systems and photonic device designs.

Executives

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