Lightwave Logic Inc (LWLG) — Cash Flow-to-Debt Ratio
Latest as of March 2026:
-0.88x
Lightwave Logic Inc (LWLG) has a Cash Flow-to-Debt Ratio of -0.88x as of March 2026, meaning its operating cash flow of $-4.06 Million could theoretically repay -1% of its total liabilities ($4.60 Million) in one year. See LWLG financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
-0.88x
Operating CF / Total Liabilities
Operating Cash Flow
$-4.06 Million
USD
Total Liabilities
$4.60 Million
USD
Data as of
Mar 2026
Most recent filing
Lightwave Logic Inc Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Lightwave Logic Inc across 21 annual periods. For the full cash flow conversion analysis, see Lightwave Logic Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Lightwave Logic Inc (2005–2025)
Year-by-year debt coverage analysis for Lightwave Logic Inc.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -1.96x | $-13.75 Million | $7.02 Million | ▲ +44.8% |
| 2024 | -3.55x | $-15.55 Million | $4.38 Million | ▼ -55.1% |
| 2023 | -2.29x | $-12.24 Million | $5.35 Million | ▲ +62.9% |
| 2022 | -6.16x | $-10.53 Million | $1.71 Million | ▼ -21.0% |
| 2021 | -5.09x | $-10.30 Million | $2.02 Million | ▼ -66.2% |
| 2020 | -3.06x | $-4.87 Million | $1.59 Million | ▼ -23.2% |
| 2019 | -2.49x | $-4.77 Million | $1.92 Million | ▲ +80.6% |
| 2018 | -12.79x | $-4.40 Million | $344.20K | ▼ -141.5% |
| 2017 | -5.29x | $-4.41 Million | $833.05K | ▲ +78.5% |
| 2016 | -24.66x | $-3.15 Million | $127.89K | ▲ +26.2% |
| 2015 | -33.42x | $-3.44 Million | $102.96K | ▼ -136.1% |
| 2014 | -14.16x | $-3.14 Million | $221.84K | ▲ +39.1% |
| 2013 | -23.23x | $-2.84 Million | $122.18K | ▼ -52.3% |
| 2012 | -15.25x | $-2.37 Million | $155.33K | ▼ -116.1% |
| 2011 | -7.06x | $-1.68 Million | $238.43K | ▲ +43.0% |
| 2010 | -12.38x | $-1.44 Million | $116.01K | ▼ -47.2% |
| 2009 | -8.41x | $-1.11 Million | $131.68K | ▼ -13.3% |
| 2008 | -7.43x | $-1.25 Million | $168.03K | ▼ -12.9% |
| 2007 | -6.58x | $-1.43 Million | $218.09K | ▼ -134.7% |
| 2006 | -2.80x | $-742.67K | $264.97K | ▲ +54.0% |
| 2005 | -6.09x | $-775.30K | $127.23K | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.