Lightwave Logic Financials

LWLG Stock  USD 4.68  0.22  4.93%   
Based on the measurements of operating efficiency obtained from Lightwave Logic's historical financial statements, Lightwave Logic is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, Lightwave Logic's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Total Current Liabilities is estimated to increase to about 2.7 M, while Retained Earnings are forecasted to increase to (121.5 M). Key indicators impacting Lightwave Logic's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.08380.0799
Sufficiently Up
Slightly volatile
Current Ratio8.4412.6607
Way Down
Very volatile
The financial analysis of Lightwave Logic is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Lightwave Logic includes many different criteria found on its balance sheet. For example, investors should never minimize Lightwave Logic's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Lightwave Logic's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Lightwave Logic.

Net Income

(19.99 Million)

With this module, you can analyze Lightwave financials for your investing period. You should be able to track the changes in Lightwave Logic individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Lightwave Logic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lightwave Logic's financial statements are interrelated, with each one affecting the others. For example, an increase in Lightwave Logic's assets may result in an increase in income on the income statement.
Evaluating Lightwave Logic's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Lightwave Logic's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Lightwave Logic's relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Lightwave Logic has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Lightwave Logic stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Lightwave Logic's odds of distress score SHOULD NOT be confused with the real chance of Lightwave Logic filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Lightwave is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Lightwave Logic's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Lightwave Logic's official financial statements usually reflect Lightwave Logic's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Lightwave Logic. For example, before you start analyzing numbers published by Lightwave accountants, it's critical to develop an understanding of what Lightwave Logic's liquidity, profitability, and earnings quality are in the context of the Chemicals space in which it operates.
Please note, the presentation of Lightwave Logic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lightwave Logic's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Lightwave Logic's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lightwave Logic. Please utilize our Beneish M Score to check the likelihood of Lightwave Logic's management manipulating its earnings.

Lightwave Logic Company Summary

Lightwave Logic competes with Chemours, Dupont De, FutureFuel Corp, Danimer Scientific, and Ecovyst. Lightwave Logic, Inc., a development stage company, focuses on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets in the United States. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Englewood, Colorado. Lightwave Logic operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 19 people.
Specialization
Basic Materials, Specialty Chemicals
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5322751042
CUSIP532275104
LocationColorado; U.S.A
Business Address369 Inverness Parkway,
SectorChemicals
IndustryMaterials
BenchmarkNYSE Composite
Websitelightwavelogic.com
Phone720 340 4949
CurrencyUSD - US Dollar
You should never invest in Lightwave Logic without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lightwave Stock, because this is throwing your money away. Analyzing the key information contained in Lightwave Logic's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Lightwave Logic Key Financial Ratios

Generally speaking, Lightwave Logic's financial ratios allow both analysts and investors to convert raw data from Lightwave Logic's financial statements into concise, actionable information that can be used to evaluate the performance of Lightwave Logic over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lightwave Logic reports annually and quarterly.

Lightwave Logic Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8M7.4M27.2M29.3M41.8M43.9M
Other Current Liab630.3K13.1K1.2M422.1K637.7K669.6K
Net Debt(1.4M)(2.2M)(22.9M)(23.7M)(28.5M)(27.1M)
Retained Earnings(64.3M)(71.0M)(89.6M)(106.8M)(127.9M)(121.5M)
Accounts Payable103.2K219.0K247.9K891.8K1.8M1.8M
Cash2.2M3.3M23.4M24.1M31.4M33.0M
Other Current Assets371.5K426.8K232.3K537.8K757.2K795.1K
Total Liab1.9M1.6M2.0M1.7M5.3M5.6M
Total Current Assets2.6M3.9M23.7M25.4M32.7M34.3M
Short Term Debt156.5K577.7K178.2K190.1K144.1K125.9K
Intangible Assets939.5K916K848.1K1.0M1.3M634.7K
Common Stock87.4K97.8K110.6K112.9K118.1K71.1K
Net Tangible Assets4.0M4.9M24.4M27.6M31.7M33.3M
Capital Surpluse69.1M76.6M114.7M134.4M154.6M79.5M
Other Liab216.1K121.9K80.1K38.3K44.0K41.8K
Net Invested Capital4.9M6.2M25.2M27.6M36.4M38.3M
Net Working Capital1.6M2.9M22.1M23.9M30.1M31.6M
Capital Stock87.4K97.8K110.6K112.9K118.1K111.1K

Lightwave Logic Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Lightwave Logic's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense232.0776.013.8K91.7K82.5K86.6K
Operating Income(6.3M)(6.6M)(17.0M)(17.1M)(21.2M)(20.2M)
Ebit(6.3M)(6.6M)(17.0M)(17.1M)(21.2M)(20.2M)
Research Development4.3M4.5M12.5M12.8M15.9M16.7M
Ebitda(5.6M)(6.6M)(16.5M)(16.1M)(19.9M)(18.9M)
Net Income(6.7M)(6.7M)(18.2M)(17.2M)(21.0M)(20.0M)
Income Tax Expense(232.0)115.6K(424.5K)(843.0)4.04.2
Income Before Tax(6.7M)(6.7M)(18.6M)(17.2M)(21.0M)(20.0M)
Gross Profit(698.7K)(784.4K)(878.5K)(1.0M)(1.3M)(1.2M)
Cost Of Revenue698.7K784.4K878.5K1.0M1.3M716.0K
Net Interest Income232.0(115.6K)13.8K91.7K438.1K460.0K
Interest Income232.0776.013.8K91.7K438.1K460.0K

Lightwave Logic Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lightwave Logic. It measures of how well Lightwave is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lightwave Logic brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lightwave had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lightwave Logic has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash61.7K1.1M20.1M669.5K7.3M7.7M
Free Cash Flow(5.1M)(5.1M)(11.2M)(12.0M)(15.8M)(15.0M)
Depreciation698.7K784.4K878.5K1.0M1.3M1.4M
Other Non Cash Items407.8K116.4K2.1M420.5K8.9M9.4M
Capital Expenditures305.7K218.0K1.1M1.6M3.6M3.8M
Net Income(6.7M)(6.7M)(18.6M)(17.2M)(21.0M)(20.0M)
End Period Cash Flow2.2M3.3M23.4M24.1M31.4M33.0M
Change To Netincome1.1M751.6K6.4M6.0M6.9M7.3M
Net Borrowings(499.4K)(505.7K)(669.6K)(13.1K)(11.8K)(12.4K)
Investments(305.7K)(218.0K)(1.1M)(2.2M)(1.8M)(1.7M)

Lightwave Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lightwave Logic's current stock value. Our valuation model uses many indicators to compare Lightwave Logic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lightwave Logic competition to find correlations between indicators driving Lightwave Logic's intrinsic value. More Info.
Lightwave Logic is currently regarded as number one stock in current ratio category among related companies. It is rated below average in target price category among related companies fabricating about  0.08  of Target Price per Current Ratio. The ratio of Current Ratio to Target Price for Lightwave Logic is roughly  13.06 . At this time, Lightwave Logic's Current Ratio is most likely to slightly decrease in the upcoming years.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lightwave Logic by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lightwave Logic's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lightwave Logic's earnings, one of the primary drivers of an investment's value.

Lightwave Logic Systematic Risk

Lightwave Logic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lightwave Logic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Lightwave Logic correlated with the market. If Beta is less than 0 Lightwave Logic generally moves in the opposite direction as compared to the market. If Lightwave Logic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lightwave Logic is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lightwave Logic is generally in the same direction as the market. If Beta > 1 Lightwave Logic moves generally in the same direction as, but more than the movement of the benchmark.

About Lightwave Logic Financials

What exactly are Lightwave Logic Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Lightwave Logic's income statement, its balance sheet, and the statement of cash flows. Potential Lightwave Logic investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lightwave Logic investors may use each financial statement separately, they are all related. The changes in Lightwave Logic's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lightwave Logic's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Lightwave Logic Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Lightwave Logic is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Lightwave has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Lightwave Logic's financials are consistent with your investment objective using the following steps:
  • Review Lightwave Logic's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Lightwave Logic's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Lightwave Logic's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Lightwave Logic's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Lightwave Logic Thematic Clasifications

Lightwave Logic is part of Rubber and Plastic Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Rubber and Plastic ProductsView
This theme covers USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Lightwave Logic Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lightwave Logic's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lightwave Logic growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.3)

At this time, Lightwave Logic's Price Earnings To Growth Ratio is most likely to increase slightly in the upcoming years.

Lightwave Logic March 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lightwave Logic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lightwave Logic. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lightwave Logic based on widely used predictive technical indicators. In general, we focus on analyzing Lightwave Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lightwave Logic's daily price indicators and compare them against related drivers.
When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Lightwave Logic's price analysis, check to measure Lightwave Logic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lightwave Logic is operating at the current time. Most of Lightwave Logic's value examination focuses on studying past and present price action to predict the probability of Lightwave Logic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lightwave Logic's price. Additionally, you may evaluate how the addition of Lightwave Logic to your portfolios can decrease your overall portfolio volatility.
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Is Lightwave Logic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lightwave Logic. If investors know Lightwave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Return On Assets
(0.39)
Return On Equity
(0.66)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.