Lightwave Logic Inc
Lightwave Logic, Inc. focuses on the development of photonic devices and electro-optical polymer materials systems for fiber-optic data communications, telecommunications, and optical computing markets in the United States. The company is involved in the designing and synthesizing of organic chromophores for use in its electro-optic polymer systems and photonic device designs. It offers electro-o… Read more
Lightwave Logic Inc (LWLG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.077x
Based on the latest financial reports, Lightwave Logic Inc (LWLG) has a cash flow conversion efficiency ratio of -0.077x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-3.18 Million) by net assets ($41.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lightwave Logic Inc - Cash Flow Conversion Efficiency Trend (2005–2024)
This chart illustrates how Lightwave Logic Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lightwave Logic Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lightwave Logic Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678
|
0.094x |
|
Elmos Semiconductor SE
PINK:ELTTF
|
0.017x |
|
Zhejiang Southeast Space Frame Co Ltd
SHE:002135
|
-0.137x |
|
Guangdong Silvere Sci and Tech
SHE:300221
|
0.050x |
|
Etron Technology
TWO:5351
|
0.020x |
|
Schnitzer Steel Industries Inc
F:SS1A
|
0.006x |
|
Oyak Cimento Fabrikalari AS
IS:OYAKC
|
0.075x |
|
Stagwell Inc
NASDAQ:STGW
|
-0.031x |
Annual Cash Flow Conversion Efficiency for Lightwave Logic Inc (2005–2024)
The table below shows the annual cash flow conversion efficiency of Lightwave Logic Inc from 2005 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $33.42 Million | $-15.55 Million | -0.465x | -38.53% |
| 2023-12-31 | $36.43 Million | $-12.24 Million | -0.336x | +12.14% |
| 2022-12-31 | $27.55 Million | $-10.53 Million | -0.382x | +6.50% |
| 2021-12-31 | $25.20 Million | $-10.30 Million | -0.409x | +51.56% |
| 2020-12-31 | $5.78 Million | $-4.87 Million | -0.844x | +13.10% |
| 2019-12-31 | $4.91 Million | $-4.77 Million | -0.971x | -8.28% |
| 2018-12-31 | $4.91 Million | $-4.40 Million | -0.897x | -2.03% |
| 2017-12-31 | $5.02 Million | $-4.41 Million | -0.879x | +14.71% |
| 2016-12-31 | $3.06 Million | $-3.15 Million | -1.031x | -49.98% |
| 2015-12-31 | $5.01 Million | $-3.44 Million | -0.687x | +11.21% |
| 2014-12-31 | $4.06 Million | $-3.14 Million | -0.774x | +14.85% |
| 2013-12-31 | $3.12 Million | $-2.84 Million | -0.909x | -40.49% |
| 2012-12-31 | $3.66 Million | $-2.37 Million | -0.647x | +73.74% |
| 2011-12-31 | $683.01K | $-1.68 Million | -2.463x | -132.42% |
| 2010-12-31 | $1.36 Million | $-1.44 Million | -1.060x | +28.55% |
| 2009-12-31 | $746.99K | $-1.11 Million | -1.483x | +75.46% |
| 2008-12-31 | $206.54K | $-1.25 Million | -6.044x | -175.17% |
| 2007-12-31 | $653.18K | $-1.43 Million | -2.196x | -69.99% |
| 2006-12-31 | $574.77K | $-742.67K | -1.292x | -38.64% |
| 2005-12-31 | $831.88K | $-775.30K | -0.932x | -- |