Lightwave Logic Inc (LWLG) — Financial Flexibility Index
Lightwave Logic Inc (LWLG) has a Financial Flexibility Index of -0.75x as of March 2026. Free cash flow of $-3.44 Million (operating CF $-4.06 Million minus capex $621.41K) represents -1% of total liabilities ($4.60 Million). Check Lightwave Logic Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see Lightwave Logic Inc (LWLG) cash flow conversion.
Annual Financial Flexibility Index for Lightwave Logic Inc (2005–2025)
Year-by-year free cash flow to debt coverage for Lightwave Logic Inc. Explore LWLG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |