Lightwave Logic (LWLG) Interest Coverage Ratio (2020 - 2026)
Lightwave Logic (LWLG) posted quarterly Interest Coverage Ratio of 7.15 for Q1 2026, up 94.23% year-over-year from 3.68 in Q1 2025, and up 92.59% quarter-over-quarter from 96.49 in Q4 2025.
Lightwave Logic (LWLG) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
Lightwave Logic (LWLG) has reported Interest Coverage Ratio for 7 consecutive years, with 7.15 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 94.23% year-over-year to 7.15; the TTM figure through Mar 2026 stood at 23.27 (up 84.28% YoY), while the FY2025 annual figure was 0.5, up 19.56% from the prior year.
- Interest Coverage Ratio advanced to 7.15 in Q1 2026 per LWLG's latest filing, from 96.49 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 72804.86 in Q3 2022 and bottomed at 252.95 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 4181.36 across 5 years, with a median of 96.49 in 2025.
- On a YoY basis, Interest Coverage Ratio climbed as much as 21449.04% in 2022 and fell as far as 2379.17% in 2022.
- Lightwave Logic's Interest Coverage Ratio stood at 28.07 in 2022, then plunged by 801.07% to 252.95 in 2023, then jumped by 42.56% to 145.29 in 2024, then soared by 33.59% to 96.49 in 2025, then jumped by 92.59% to 7.15 in 2026.
- Business Quant data shows LWLG's Interest Coverage Ratio at 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 | 225.67 Bn | 220.77 Bn | 4.43 Bn | 41.87 |
| 2 | Sherwin Williams | 84.74 Bn | 84.44 Bn | 3.34 Bn | 9.08 |
| 3 | Ecolab | 78.90 Bn | 73.77 Bn | 1.95 Bn | -10.37 |
| 4 | Air Products & Chemicals | 68.19 Bn | 67.21 Bn | 1.04 Bn | -42.45 |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 9.32 |
| 6 | Chemical & Mining Co Of Chile | 23.48 Bn | 19.61 Bn | 778.60 Mn | -15.41 |
| 7 | LyondellBasell Industries | 21.91 Bn | 19.28 Bn | 2.04 Bn | 11.18 |
| 8 | International Flavors & Fragrances | 21.51 Bn | 20.94 Bn | 853.00 Mn | 3.43 |
| 9 | DuPont de Nemours | 18.83 Bn | 17.09 Bn | 639.00 Mn | 8.00 |
| 10 | Lightwave Logic | 954.64 Mn | 954.64 Mn | - | - |
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 | -28.07 |
| Sep 30, 2022 | 72,804.86 |
| Jun 30, 2022 | -79.09 |
| Mar 31, 2022 | -58.30 |
| Dec 31, 2021 | 5.77 |
| Sep 30, 2021 | -341.02 |
| Jun 30, 2021 | -3.19 |