Lightwave Logic (LWLG) Interest Coverage Ratio (2021 - 2023)
Lightwave Logic's (LWLG) quarterly Interest Coverage Ratio came in at 81.08 in Q4 2023, up 54.66% year-over-year from 52.43 in Q4 2022, and up 61.91% quarter-over-quarter from 212.88 in Q3 2023.
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Analysis
Lightwave Logic (LWLG) Interest Coverage Ratio (2021 - 2023) Analysis & Trends
Lightwave Logic (LWLG) has reported Interest Coverage Ratio for 3 consecutive years, with 81.08 the latest figure, recorded in Q4 2023.
- On a quarterly basis, Interest Coverage Ratio rose 54.66% year-over-year to 81.08 in Q4 2023; TTM through Dec 2023 was 31.51, a 61.44% increase from a year earlier, with the FY2023 full-year figure at 31.51, up 61.45% from the prior year.
- Interest Coverage Ratio was 81.08 for Q4 2023 at Lightwave Logic, up 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.
- Across the five-year window, Interest Coverage Ratio tumbled 2379.17% in 2022 and soared 75.53% in 2023, its largest moves.
- Over 3 years, Interest Coverage Ratio stood at 10.19 in 2021, then slumped by 1655.16% to 178.8 in 2022, then jumped by 54.66% to 81.08 in 2023.
- The last three Interest Coverage Ratio figures came in at 81.08 (Q4 2023), 212.88 (Q3 2023), and 24.2 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 129.30 Bn | 127.37 Bn | 1.63 Bn | 7.43 |
| 2 | Ati | 26.11 Bn | 25.45 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 25.16 Bn | 24.48 Bn | 666.00 Mn | 6.03 |
| 4 | International Flavors & Fragrances | 21.20 Bn | 20.66 Bn | 853.00 Mn | 3.43 |
| 5 | DuPont de Nemours | 17.42 Bn | 15.79 Bn | 639.00 Mn | 8.00 |
| 6 | Avery Dennison | 12.73 Bn | 12.50 Bn | 729.40 Mn | 9.32 |
| 7 | Solstice Advanced Materials | 9.10 Bn | 8.36 Bn | 370.00 Mn | 9.65 |
| 8 | Element Solutions | 7.98 Bn | 7.80 Bn | 334.00 Mn | - |
| 9 | Eastman Chemical | 7.51 Bn | 6.90 Bn | 560.00 Mn | - |
| 10 | Lightwave Logic | 786.25 Mn | 786.25 Mn | - | - |
Historic Data
Download Data
Historic 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 |