Lightwave Logic Inc (LWLG) - Net Assets
Based on the latest financial reports, Lightwave Logic Inc (LWLG) has net assets worth $74.65 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($81.67 Million) and total liabilities ($7.02 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. Check Lightwave Logic Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $74.65 Million |
| % of Total Assets | 91.4% |
| Annual Growth Rate | 25.21% |
| 5-Year Change | 196.16% |
| 10-Year Change | 2339.79% |
| Growth Volatility | 129.75 |
Lightwave Logic Inc - Net Assets Trend (2005–2025)
This chart illustrates how Lightwave Logic Inc's net assets have evolved over time, based on quarterly financial data. Also explore LWLG total assets for the complete picture of this company's asset base.
Annual Net Assets for Lightwave Logic Inc (2005–2025)
The table below shows the annual net assets of Lightwave Logic Inc from 2005 to 2025. For live valuation and market cap data, see LWLG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $74.65 Million | +123.33% |
| 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 16485305000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $146.05K | 0.20% |
| Other Comprehensive Income | $-203.46K | -0.27% |
| Other Components | $242.02 Million | 324.22% |
| Total Equity | $74.65 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 |
|---|---|
|
Topsec Technologies Group Inc
SHE:002212
|
$1.26 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
$1.26 Billion |
|
Vijaya Diagnostic Centre Limited
NSE:VIJAYA
|
$1.26 Billion |
|
Austal Ltd
AU:ASB
|
$1.26 Billion |
|
Yeni Gimat Gayrimenkul Yatirim Ortakligi AS
IS:YGGYO
|
$1.26 Billion |
|
Chongqing Taiji Industry Group Co Ltd
SHG:600129
|
$1.26 Billion |
|
Alexander & Baldwin Inc
F:ABU
|
$1.26 Billion |
|
Brainbees Solutions Limited
NSE:FIRSTCRY
|
$1.26 Billion |
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 2024 to 2025, total equity changed from 33,423,904 to 74,645,830, a change of 41,221,926 (123.3%).
- Net loss of 20,313,797 reduced equity.
- New share issuances of 56,744,995 increased equity.
- Other comprehensive income increased equity by 453,277.
- Other factors increased equity by 4,337,451.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.31 Million | -27.21% |
| Share Issuances | $56.74 Million | +76.02% |
| Other Comprehensive Income | $453.28K | +0.61% |
| Other Changes | $4.34 Million | +5.81% |
| Total Change | $- | 123.33% |
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: 28.04x
- 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 471.33x to 28.04x 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 | $16.27 | x |
| 2006-12-31 | $0.02 | $16.27 | x |
| 2007-12-31 | $0.02 | $16.27 | x |
| 2008-12-31 | $0.01 | $16.27 | x |
| 2009-12-31 | $0.02 | $16.27 | x |
| 2010-12-31 | $0.03 | $16.27 | x |
| 2011-12-31 | $0.02 | $16.27 | x |
| 2012-12-31 | $0.08 | $16.27 | x |
| 2013-12-31 | $0.06 | $16.27 | x |
| 2014-12-31 | $0.07 | $16.27 | x |
| 2015-12-31 | $0.08 | $16.27 | x |
| 2016-12-31 | $0.05 | $16.27 | x |
| 2017-12-31 | $0.07 | $16.27 | x |
| 2018-12-31 | $0.06 | $16.27 | x |
| 2019-12-31 | $0.06 | $16.27 | x |
| 2020-12-31 | $0.06 | $16.27 | x |
| 2021-12-31 | $0.24 | $16.27 | x |
| 2022-12-31 | $0.25 | $16.27 | x |
| 2023-12-31 | $0.32 | $16.27 | x |
| 2024-12-31 | $0.28 | $16.27 | x |
| 2025-12-31 | $0.58 | $16.27 | 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): -27.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8576.47%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.09x
- Recent ROE (-27.21%) is above the historical average (-282.32%), 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 |
| 2025 | -27.21% | -8576.47% | 0.00x | 1.09x | $-27.78 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: $2,020,671,219
- Average return on equity (ROE) among peers: 8.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lightwave Logic Inc (LWLG) | $74.65 Million | -206.97% | 0.09x | $1.26 Billion |
| Albemarle Corp (ALB) | $4.09 Billion | 13.03% | 1.41x | $19.80 Billion |
| Alto Ingredients Inc (ALTO) | $225.06 Million | -26.21% | 0.78x | $212.84 Million |
| Aemetis Inc (AMTX) | $-22.20 Million | 0.00% | 0.00x | $154.69 Million |
| Air Products and Chemicals Inc (APD) | $11.18 Billion | 13.40% | 0.72x | $62.29 Billion |
| Ashland Global Holdings Inc (ASH) | $1.44 Billion | 10.05% | 2.77x | $2.37 Billion |
| Avient Corp (AVNT) | $1.71 Billion | 7.69% | 1.85x | $3.16 Billion |
| Axalta Coating Systems Ltd (AXTA) | $1.54 Billion | 17.15% | 3.69x | $5.92 Billion |
| Balchem Corporation (BCPC) | $2.80 Million | 14.29% | 1.07x | $5.17 Billion |
| BioNexus Gene Lab Corp Common stock (BGLC) | $7.18 Million | 10.47% | 0.33x | $4.91 Million |
| Bon Natural Life Ltd (BON) | $30.09 Million | 20.73% | 0.24x | $7.91 Million |
About Lightwave Logic Inc
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally. The company sells electro-optic (EO) polymer materials for integration into silicon photonics and other photonic integrated circuit platforms under the Perkinamine name. It is also involved in int… Read more