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) - Net Assets
Latest net assets as of September 2025: $41.19 Million USD
Based on the latest financial reports, Lightwave Logic Inc (LWLG) has net assets worth $41.19 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($44.79 Million) and total liabilities ($3.60 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $41.19 Million |
| % of Total Assets | 91.97% |
| Annual Growth Rate | 21.46% |
| 5-Year Change | 478.72% |
| 10-Year Change | 567.53% |
| Growth Volatility | 132.31 |
Lightwave Logic Inc - Net Assets Trend (2005–2024)
This chart illustrates how Lightwave Logic Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lightwave Logic Inc (2005–2024)
The table below shows the annual net assets of Lightwave Logic Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.42 Million | -8.26% |
| 2023-12-31 | $36.43 Million | +32.23% |
| 2022-12-31 | $27.55 Million | +9.32% |
| 2021-12-31 | $25.20 Million | +336.40% |
| 2020-12-31 | $5.78 Million | +17.68% |
| 2019-12-31 | $4.91 Million | +0.01% |
| 2018-12-31 | $4.91 Million | -2.19% |
| 2017-12-31 | $5.02 Million | +63.97% |
| 2016-12-31 | $3.06 Million | -38.90% |
| 2015-12-31 | $5.01 Million | +23.40% |
| 2014-12-31 | $4.06 Million | +29.94% |
| 2013-12-31 | $3.12 Million | -14.71% |
| 2012-12-31 | $3.66 Million | +436.02% |
| 2011-12-31 | $683.01K | -49.62% |
| 2010-12-31 | $1.36 Million | +81.48% |
| 2009-12-31 | $746.99K | +261.67% |
| 2008-12-31 | $206.54K | -68.38% |
| 2007-12-31 | $653.18K | +13.64% |
| 2006-12-31 | $574.77K | -30.91% |
| 2005-12-31 | $831.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lightwave Logic Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 14794669600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $123.30K | 0.37% |
| Other Comprehensive Income | $-656.74K | -1.96% |
| Other Components | $184.36 Million | 551.59% |
| Total Equity | $33.42 Million | 100.00% |
Lightwave Logic Inc Competitors by Market Cap
The table below lists competitors of Lightwave Logic Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Galiano Gold Inc
NYSE MKT:GAU
|
$634.13 Million |
|
SeAH Bestee
KO:001430
|
$634.28 Million |
|
No Va Land Investment Group Corp
VN:NVL
|
$634.30 Million |
|
Vardhman Textiles Limited
NSE:VTL
|
$634.50 Million |
|
Compania Cervecerias Unidas SA
SN:CCU
|
$633.99 Million |
|
HIAG Immobilien Holding AG
SW:HIAG
|
$633.43 Million |
|
Corporacion Acciona Energias Renovables SA
MC:ANE
|
$633.42 Million |
|
Schnitzer Steel Industries Inc
F:SS1A
|
$633.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lightwave Logic Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,433,814 to 33,423,904, a change of -3,009,910 (-8.3%).
- Net loss of 22,535,041 reduced equity.
- New share issuances of 14,146,941 increased equity.
- Other comprehensive income decreased equity by 224,442.
- Other factors increased equity by 5,602,632.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.54 Million | -67.42% |
| Share Issuances | $14.15 Million | +42.33% |
| Other Comprehensive Income | $-224.44K | -0.67% |
| Other Changes | $5.60 Million | +16.76% |
| Total Change | $- | -8.26% |
Book Value vs Market Value Analysis
This analysis compares Lightwave Logic Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 26.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 213.21x to 26.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.03 | $7.36 | x |
| 2006-12-31 | $0.02 | $7.36 | x |
| 2007-12-31 | $0.02 | $7.36 | x |
| 2008-12-31 | $0.01 | $7.36 | x |
| 2009-12-31 | $0.02 | $7.36 | x |
| 2010-12-31 | $0.03 | $7.36 | x |
| 2011-12-31 | $0.02 | $7.36 | x |
| 2012-12-31 | $0.08 | $7.36 | x |
| 2013-12-31 | $0.06 | $7.36 | x |
| 2014-12-31 | $0.07 | $7.36 | x |
| 2015-12-31 | $0.08 | $7.36 | x |
| 2016-12-31 | $0.05 | $7.36 | x |
| 2017-12-31 | $0.07 | $7.36 | x |
| 2018-12-31 | $0.06 | $7.36 | x |
| 2019-12-31 | $0.06 | $7.36 | x |
| 2020-12-31 | $0.06 | $7.36 | x |
| 2021-12-31 | $0.24 | $7.36 | x |
| 2022-12-31 | $0.25 | $7.36 | x |
| 2023-12-31 | $0.32 | $7.36 | x |
| 2024-12-31 | $0.28 | $7.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lightwave Logic Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -67.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23570.99%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-67.42%) is above the historical average (-295.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -206.97% | 0.00% | 0.00x | 1.15x | $-1.80 Million |
| 2006 | -451.75% | 0.00% | 0.00x | 1.46x | $-2.65 Million |
| 2007 | -646.60% | 0.00% | 0.00x | 1.33x | $-4.29 Million |
| 2008 | -2101.60% | 0.00% | 0.00x | 1.81x | $-4.36 Million |
| 2009 | -364.38% | 0.00% | 0.00x | 1.18x | $-2.80 Million |
| 2010 | -273.91% | -116038.50% | 0.00x | 1.09x | $-3.85 Million |
| 2011 | -509.89% | 0.00% | 0.00x | 1.35x | $-3.55 Million |
| 2012 | -124.46% | 0.00% | 0.00x | 1.04x | $-4.92 Million |
| 2013 | -125.29% | 0.00% | 0.00x | 1.04x | $-4.22 Million |
| 2014 | -108.68% | -176391.88% | 0.00x | 1.05x | $-4.82 Million |
| 2015 | -96.77% | 0.00% | 0.00x | 1.02x | $-5.35 Million |
| 2016 | -144.05% | 0.00% | 0.00x | 1.04x | $-4.71 Million |
| 2017 | -114.60% | 0.00% | 0.00x | 1.17x | $-6.25 Million |
| 2018 | -117.65% | 0.00% | 0.00x | 1.07x | $-6.26 Million |
| 2019 | -137.07% | 0.00% | 0.00x | 1.39x | $-7.22 Million |
| 2020 | -116.28% | 0.00% | 0.00x | 1.28x | $-7.29 Million |
| 2021 | -73.92% | 0.00% | 0.00x | 1.08x | $-21.15 Million |
| 2022 | -62.54% | -63268.27% | 0.00x | 1.06x | $-19.99 Million |
| 2023 | -57.74% | -51943.19% | 0.00x | 1.15x | $-24.68 Million |
| 2024 | -67.42% | -23570.99% | 0.00x | 1.13x | $-25.88 Million |
Industry Comparison
This section compares Lightwave Logic Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lightwave Logic Inc (LWLG) | $41.19 Million | -206.97% | 0.09x | $634.08 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |