Lightwave Logic (LWLG) Interest Coverage Ratio (2021 - 2023)

Lightwave Logic (LWLG) has 3 years of Interest Coverage Ratio data on file, last reported at 81.08 in Q4 2023.

• Interest Coverage Ratio for Q4 2023 came in at 81.08, up 54.66% year-over-year; the trailing twelve-month figure through Sep 2024 was 345.13 (down 945.15% YoY), and the FY2023 annual result was 31.51, up 61.45% from the prior year.
• Interest Coverage Ratio grew to 81.08 in Q4 2023 per LWLG's latest filing, from 212.88 in the prior quarter.
• Over five years, Interest Coverage Ratio peaked at 3.19 in Q2 2021 and troughed at 212.88 in Q3 2023.
• A 3-year average of 72.67 and a median of 61.49 in 2022 frame the typical range for Interest Coverage Ratio.
• The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio slumped 2379.17% in 2022, then jumped 75.53% in 2023.
• A 3-year view of Interest Coverage Ratio shows it stood at 10.19 in 2021, then sank by 1655.16% to 178.8 in 2022, then surged by 54.66% to 81.08 in 2023.
• Business Quant data shows LWLG's Interest Coverage Ratio at 81.08 in Q4 2023, 212.88 in Q3 2023, and 24.2 in Q2 2023.