Lightwave Logic Inc (LWLG) — Financial Flexibility Index
Lightwave Logic Inc (LWLG) has a Financial Flexibility Index of -0.78x as of March 2026. Free cash flow of $-3.61 Million (operating CF $-4.06 Million minus capex $450.46K) represents -1% of total liabilities ($4.60 Million). Check Lightwave Logic Inc (LWLG) strategic investment index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Lightwave Logic Inc Financial Flexibility Index (2005–2025)
Historical Financial Flexibility Index trend for Lightwave Logic Inc across 21 annual periods. See how liquid is Lightwave Logic Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Lightwave Logic Inc (2005–2025)
Year-by-year free cash flow to debt coverage for Lightwave Logic Inc. For the full company profile including market capitalisation, see Lightwave Logic Inc (LWLG) total market value.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.77x | $-12.42 Million | $-13.75 Million | $7.02 Million | ▲ +39.7% |
| 2024 | -2.93x | $-12.85 Million | $-15.55 Million | $4.38 Million | ▼ -81.6% |
| 2023 | -1.61x | $-8.64 Million | $-12.24 Million | $5.35 Million | ▲ +69.2% |
| 2022 | -5.24x | $-8.96 Million | $-10.53 Million | $1.71 Million | ▼ -15.5% |
| 2021 | -4.54x | $-9.19 Million | $-10.30 Million | $2.02 Million | ▼ -55.1% |
| 2020 | -2.93x | $-4.66 Million | $-4.87 Million | $1.59 Million | ▼ -25.8% |
| 2019 | -2.33x | $-4.46 Million | $-4.77 Million | $1.92 Million | ▲ +73.0% |
| 2018 | -8.62x | $-2.97 Million | $-4.40 Million | $344.20K | ▼ -73.2% |
| 2017 | -4.97x | $-4.14 Million | $-4.41 Million | $833.05K | ▲ +78.5% |
| 2016 | -23.15x | $-2.96 Million | $-3.15 Million | $127.89K | ▲ +23.9% |
| 2015 | -30.41x | $-3.13 Million | $-3.44 Million | $102.96K | ▼ -137.1% |
| 2014 | -12.83x | $-2.85 Million | $-3.14 Million | $221.84K | ▲ +41.1% |
| 2013 | -21.76x | $-2.66 Million | $-2.84 Million | $122.18K | ▼ -67.4% |
| 2012 | -13.00x | $-2.02 Million | $-2.37 Million | $155.33K | ▼ -97.4% |
| 2011 | -6.59x | $-1.57 Million | $-1.68 Million | $238.43K | ▲ +42.5% |
| 2010 | -11.45x | $-1.33 Million | $-1.44 Million | $116.01K | ▼ -50.8% |
| 2009 | -7.59x | $-999.84K | $-1.11 Million | $131.68K | ▼ -6.3% |
| 2008 | -7.14x | $-1.20 Million | $-1.25 Million | $168.03K | ▼ -24.4% |
| 2007 | -5.74x | $-1.25 Million | $-1.43 Million | $218.09K | ▼ -107.2% |
| 2006 | -2.77x | $-734.16K | $-742.67K | $264.97K | ▲ +52.1% |
| 2005 | -5.79x | $-736.61K | $-775.30K | $127.23K | — |