Lightwave Logic Stock Probability Of Bankruptcy
| LWLG Stock | USD 4.10 0.01 0.24% |
Lightwave | Probability Of Bankruptcy |
Lightwave Logic Company chance of financial distress Analysis
Lightwave Logic's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Lightwave Logic Probability Of Bankruptcy | Less than 11% |
Most of Lightwave Logic's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lightwave Logic is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Lightwave Logic probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Lightwave Logic odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Lightwave Logic financial health.
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.
Lightwave Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Lightwave Logic is extremely important. It helps to project a fair market value of Lightwave Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Lightwave Logic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lightwave Logic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lightwave Logic's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company 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 both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Lightwave Logic has a Probability Of Bankruptcy of 11.0%. This is 75.19% lower than that of the Chemicals sector and 73.68% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 72.38% higher than that of the company.
Lightwave Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lightwave Logic's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lightwave Logic could also be used in its relative valuation, which is a method of valuing Lightwave Logic by comparing valuation metrics of similar companies.Lightwave Logic is currently under evaluation in probability of bankruptcy category among related companies.
Lightwave Logic Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.99) | (0.91) | (0.67) | (0.59) | (0.5) | (0.53) | |
| Net Debt | (1.4M) | (2.2M) | (22.9M) | (23.7M) | (28.5M) | (27.1M) | |
| Total Current Liabilities | 997.6K | 933.0K | 1.6M | 1.5M | 2.6M | 2.7M | |
| Non Current Liabilities Total | 919.5K | 658.3K | 438.3K | 206.4K | 2.8M | 2.9M | |
| Total Assets | 6.8M | 7.4M | 27.2M | 29.3M | 41.8M | 43.9M | |
| Total Current Assets | 2.6M | 3.9M | 23.7M | 25.4M | 32.7M | 34.3M | |
| Total Cash From Operating Activities | (4.8M) | (4.9M) | (10.0M) | (10.5M) | (12.2M) | (11.6M) |
Lightwave Fundamentals
| Return On Equity | -0.66 | ||||
| Return On Asset | -0.39 | ||||
| Operating Margin | (133.45) % | ||||
| Current Valuation | 460.14 M | ||||
| Shares Outstanding | 119.6 M | ||||
| Shares Owned By Insiders | 5.23 % | ||||
| Shares Owned By Institutions | 27.07 % | ||||
| Number Of Shares Shorted | 19.89 M | ||||
| Price To Earning | (18.36) X | ||||
| Price To Book | 13.43 X | ||||
| Price To Sales | 12,078 X | ||||
| Revenue | 40.5 K | ||||
| EBITDA | (19.92 M) | ||||
| Net Income | (21.04 M) | ||||
| Cash And Equivalents | 24.83 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 2.91 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 35.38 X | ||||
| Book Value Per Share | 0.31 X | ||||
| Cash Flow From Operations | (12.24 M) | ||||
| Short Ratio | 31.10 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Target Price | 2.71 | ||||
| Number Of Employees | 33 | ||||
| Beta | 2.05 | ||||
| Market Capitalization | 490.36 M | ||||
| Total Asset | 41.78 M | ||||
| Retained Earnings | (127.87 M) | ||||
| Working Capital | 30.12 M | ||||
| Current Asset | 4 M | ||||
| Current Liabilities | 102.96 K | ||||
| Net Asset | 41.78 M |
About Lightwave Logic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lightwave Logic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lightwave Logic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lightwave Logic based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Lightwave Logic Piotroski F Score and Lightwave Logic Altman Z Score 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Lightwave Stock analysis
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.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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.