Lightwave Logic (LWLG) Interest Coverage Ratio (2021 - 2023)
Lightwave Logic (LWLG) reported Interest Coverage Ratio of 81.08 for Q4 2023, up 54.66% year-over-year from 52.43 in Q4 2022, and up 61.91% on a QoQ basis from 212.88 in Q3 2023.
Lightwave Logic (LWLG) has 3 years of Interest Coverage Ratio data on file, last reported at 81.08 in Q4 2023.
- Quarterly Interest Coverage Ratio rose 54.66% year-over-year to 81.08 in Q4 2023, while the trailing twelve-month figure through Sep 2024 was 345.13 (down 945.15% YoY) and the FY2023 annual result came in at 31.51, up 61.45% from the prior year.
- Interest Coverage Ratio advanced to 81.08 in Q4 2023 per LWLG's latest filing, from 212.88 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.19 in Q2 2021 and bottomed at 212.88 in Q3 2023.
- The 3-year median for Interest Coverage Ratio is 61.49 (2022), against an average of 72.67.
- The widest annual swing landed in 2022, when Interest Coverage Ratio plunged 2379.17%; it then surged 75.53% in 2023.
- Tracing LWLG's Interest Coverage Ratio over 3 years: stood at 10.19 in 2021, then tumbled by 1655.16% to 178.8 in 2022, then soared by 54.66% to 81.08 in 2023.
- Per Business Quant, the three latest LWLG Interest Coverage Ratio figures stand at 81.08 (Q4 2023), 212.88 (Q3 2023), and 24.2 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 230.79 Bn | 226.84 Bn | 4.26 Bn | 39.34 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -15.41 |
| 3 | Sherwin Williams | 72.51 Bn | 72.30 Bn | 2.78 Bn | 6.16 |
| 4 | Ecolab | 70.96 Bn | 70.34 Bn | 1.85 Bn | -11.07 |
| 5 | Air Products & Chemicals | 62.15 Bn | 63.70 Bn | 987.40 Mn | 15.21 |
| 6 | Ppg Industries | 25.04 Bn | 23.57 Bn | 1.66 Bn | 9.05 |
| 7 | LyondellBasell Industries | 21.62 Bn | 21.73 Bn | 701.00 Mn | 1.73 |
| 8 | Albemarle | 20.26 Bn | 19.42 Bn | 500.97 Mn | - |
| 9 | DuPont de Nemours | 19.45 Bn | 19.56 Bn | 602.00 Mn | 7.50 |
| 10 | Lightwave Logic | 1.65 Bn | 1.58 Bn | 27,831.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -81.08 |
| Sep 30, 2023 | -212.88 |
| Jun 30, 2023 | -24.20 |
| Mar 31, 2023 | -14.27 |
| Dec 31, 2022 | -178.80 |
| Sep 30, 2022 | -64.68 |
| Jun 30, 2022 | -79.09 |
| Mar 31, 2022 | -58.30 |
| Dec 31, 2021 | -10.19 |
| Jun 30, 2021 | -3.19 |