Lightwave Logic (LWLG) Interest Coverage Ratio (2020 - 2026)
Lightwave Logic's (LWLG) quarterly Interest Coverage Ratio came in at 7.15 in Q1 2026, up 94.23% year-on-year from 3.68 in Q1 2025, and up 92.59% on a QoQ basis from 96.49 in Q4 2025.
Lightwave Logic (LWLG) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Lightwave Logic (LWLG) has 7 years of Interest Coverage Ratio data on file, last reported at 7.15 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 94.23% year-over-year to 7.15 in Q1 2026; TTM through Mar 2026 was 23.27, a 84.28% increase from a year earlier, with the FY2025 full-year figure at 0.5, up 19.56% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 7.15, up from 96.49 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for LWLG reached as high as 70.35 in Q3 2022 and fell as low as 310.04 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 113.72 across 5 years, with a median of 104.43 in 2025.
- On a YoY basis, Interest Coverage Ratio climbed as much as 120.63% in 2022 and fell as far as 2943.44% in 2022.
- Year by year, Interest Coverage Ratio stood at 310.04 in 2022, then climbed by 18.41% to 252.95 in 2023, then soared by 42.56% to 145.29 in 2024, then surged by 33.59% to 96.49 in 2025, then soared by 92.59% to 7.15 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 7.15 in Q1 2026, 96.49 in Q4 2025, and 104.43 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.95 Bn | 233.99 Bn | 4.26 Bn | 39.34 |
| 2 | Sherwin Williams | 78.17 Bn | 77.95 Bn | 2.78 Bn | 5.08 |
| 3 | Ecolab | 76.02 Bn | 75.37 Bn | 1.85 Bn | 8.59 |
| 4 | Air Products & Chemicals | 66.38 Bn | 65.43 Bn | 987.40 Mn | 15.21 |
| 5 | Ppg Industries | 26.02 Bn | 24.40 Bn | 1.66 Bn | 6.26 |
| 6 | LyondellBasell Industries | 22.51 Bn | 19.87 Bn | 701.00 Mn | 0.55 |
| 7 | Chemical & Mining Co Of Chile | 19.70 Bn | 15.83 Bn | 778.60 Mn | -15.41 |
| 8 | International Flavors & Fragrances | 19.51 Bn | 18.95 Bn | 1.02 Bn | 0.62 |
| 9 | DuPont de Nemours | 18.80 Bn | 18.71 Bn | 602.00 Mn | 1.44 |
| 10 | Lightwave Logic | 900.36 Mn | 900.36 Mn | 27,831.00 | -7.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -7.15 |
| Dec 31, 2025 | -96.49 |
| Sep 30, 2025 | -104.43 |
| Jun 30, 2025 | -11.23 |
| Mar 31, 2025 | -123.91 |
| Dec 31, 2024 | -145.29 |
| Sep 30, 2024 | -145.40 |
| Jun 30, 2024 | -181.78 |
| Mar 31, 2024 | -236.23 |
| Dec 31, 2023 | -252.95 |
| Sep 30, 2023 | -212.88 |
| Jun 30, 2023 | -24.20 |
| Mar 31, 2023 | -14.27 |
| Dec 31, 2022 | -310.04 |
| Sep 30, 2022 | 70.35 |
| Jun 30, 2022 | -79.09 |
| Mar 31, 2022 | -58.30 |
| Dec 31, 2021 | -10.19 |
| Sep 30, 2021 | -341.02 |
| Jun 30, 2021 | -3.19 |