Lightwave Total Current Liabilities vs Selling General Administrative Analysis

LWLG Stock  USD 2.98  0.13  4.56%   
Lightwave Logic financial indicator trend analysis is infinitely more than just investigating Lightwave Logic recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lightwave Logic is a good investment. Please check the relationship between Lightwave Logic Total Current Liabilities and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.

Total Current Liabilities vs Selling General Administrative

Total Current Liabilities vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightwave Logic Total Current Liabilities account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lightwave Logic's Total Current Liabilities and Selling General Administrative is 0.95. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Lightwave Logic, assuming nothing else is changed. The correlation between historical values of Lightwave Logic's Total Current Liabilities and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Lightwave Logic are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Liabilities i.e., Lightwave Logic's Total Current Liabilities and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Lightwave Logic balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lightwave Logic are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Selling General Administrative

Most indicators from Lightwave Logic's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightwave Logic current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.At this time, Lightwave Logic's Selling General Administrative is most likely to increase significantly in the upcoming years. The Lightwave Logic's current Enterprise Value is estimated to increase to about 433 M, while Issuance Of Capital Stock is projected to decrease to roughly 14.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense13.8K91.7K82.5K86.6K
Depreciation And Amortization878.5K1.0M1.3M1.4M

Lightwave Logic fundamental ratios Correlations

0.710.870.971.00.91-0.98-0.930.90.990.910.00.990.450.670.830.840.970.921.00.310.550.66-0.250.590.99
0.710.520.750.680.86-0.6-0.680.840.660.850.080.66-0.280.320.930.80.710.860.660.170.40.31-0.640.280.62
0.870.520.90.870.82-0.86-0.830.650.870.82-0.040.870.530.680.730.640.850.840.860.350.540.69-0.110.740.86
0.970.750.90.950.96-0.91-0.940.890.940.960.040.940.360.690.890.870.960.970.940.430.590.69-0.270.70.93
1.00.680.870.950.89-0.99-0.930.891.00.89-0.011.00.480.670.80.820.960.91.00.290.550.66-0.220.570.99
0.910.860.820.960.89-0.82-0.90.90.861.00.150.860.130.610.970.920.920.990.870.390.590.61-0.390.660.84
-0.98-0.6-0.86-0.91-0.99-0.820.9-0.84-1.0-0.820.06-1.0-0.57-0.69-0.72-0.74-0.93-0.84-0.99-0.26-0.54-0.670.16-0.55-0.99
-0.93-0.68-0.83-0.94-0.93-0.90.9-0.83-0.91-0.92-0.17-0.91-0.44-0.85-0.78-0.78-0.99-0.88-0.91-0.48-0.79-0.850.07-0.76-0.89
0.90.840.650.890.890.9-0.84-0.830.870.890.010.870.120.490.880.930.870.910.880.170.440.47-0.490.410.86
0.990.660.870.941.00.86-1.0-0.910.870.86-0.051.00.510.660.780.790.950.881.00.270.520.65-0.210.551.0
0.910.850.820.960.891.0-0.82-0.920.890.860.170.860.150.640.960.910.930.980.870.40.620.63-0.360.680.84
0.00.08-0.040.04-0.010.150.06-0.170.01-0.050.17-0.05-0.060.240.060.130.120.04-0.040.350.360.250.370.31-0.05
0.990.660.870.941.00.86-1.0-0.910.871.00.86-0.050.510.660.780.790.950.881.00.270.520.65-0.210.551.0
0.45-0.280.530.360.480.13-0.57-0.440.120.510.15-0.060.510.58-0.070.040.430.150.510.340.320.580.580.470.55
0.670.320.680.690.670.61-0.69-0.850.490.660.640.240.660.580.440.450.790.580.660.580.931.00.280.870.65
0.830.930.730.890.80.97-0.72-0.780.880.780.960.060.78-0.070.440.910.820.970.780.290.450.43-0.560.50.75
0.840.80.640.870.820.92-0.74-0.780.930.790.910.130.790.040.450.910.820.920.80.270.40.44-0.480.480.78
0.970.710.850.960.960.92-0.93-0.990.870.950.930.120.950.430.790.820.820.910.950.420.710.78-0.140.70.93
0.920.860.840.970.90.99-0.84-0.880.910.880.980.040.880.150.580.970.920.910.880.380.530.57-0.430.620.86
1.00.660.860.941.00.87-0.99-0.910.881.00.87-0.041.00.510.660.780.80.950.880.280.520.65-0.210.551.0
0.310.170.350.430.290.39-0.26-0.480.170.270.40.350.270.340.580.290.270.420.380.280.490.60.370.670.27
0.550.40.540.590.550.59-0.54-0.790.440.520.620.360.520.320.930.450.40.710.530.520.490.930.170.820.5
0.660.310.690.690.660.61-0.67-0.850.470.650.630.250.650.581.00.430.440.780.570.650.60.930.290.880.63
-0.25-0.64-0.11-0.27-0.22-0.390.160.07-0.49-0.21-0.360.37-0.210.580.28-0.56-0.48-0.14-0.43-0.210.370.170.290.2-0.19
0.590.280.740.70.570.66-0.55-0.760.410.550.680.310.550.470.870.50.480.70.620.550.670.820.880.20.55
0.990.620.860.930.990.84-0.99-0.890.861.00.84-0.051.00.550.650.750.780.930.861.00.270.50.63-0.190.55
Click cells to compare fundamentals

Lightwave Logic Account Relationship Matchups

Lightwave Logic fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8M7.4M27.2M29.3M41.8M43.9M
Other Current Liab630.3K186.1K1.2M522.2K951.2K998.8K
Total Current Liabilities997.6K933.0K1.6M1.5M2.6M2.7M
Total Stockholder Equity4.9M5.8M25.2M27.6M36.4M38.3M
Property Plant And Equipment Net3.3M2.6M2.7M2.9M7.8M8.2M
Net Debt(1.4M)(2.2M)(22.9M)(23.7M)(28.5M)(27.1M)
Retained Earnings(64.3M)(71.0M)(89.6M)(106.8M)(127.9M)(121.5M)
Accounts Payable103.2K169.2K215.7K791.7K1.4M1.5M
Cash2.2M3.3M23.4M24.1M31.4M33.0M
Non Current Assets Total4.2M3.5M3.6M3.9M9.1M9.5M
Non Currrent Assets Other10.01.6M536.45358.3K412.0K393.5K
Cash And Short Term Investments2.2M3.3M23.4M24.1M31.4M33.0M
Common Stock Shares Outstanding83.3M91.9M105.2M111.8M115.5M68.4M
Liabilities And Stockholders Equity6.8M7.4M27.2M29.3M41.8M43.9M
Non Current Liabilities Total919.5K658.3K438.3K206.4K2.8M2.9M
Other Current Assets371.5K436.9K232.3K597.7K1.3M1.3M
Other Stockholder Equity69.1M76.6M114.7M134.4M164.6M172.9M
Total Liab1.9M1.6M2.0M1.7M5.3M5.6M
Total Current Assets2.6M3.9M23.7M25.4M32.7M34.3M
Short Term Debt156.5K577.7K178.2K190.1K144.1K125.9K
Intangible Assets939.5K916K848.1K1.0M1.3M634.7K
Common Stock87.4K97.8K110.6K112.9K118.1K71.1K
Property Plant Equipment3.3M2.6M2.7M2.5M2.9M1.6M
Net Tangible Assets4.0M4.9M24.4M27.6M31.7M33.3M
Common Stock Total Equity87.4K97.8K110.6K112.9K129.8K92.1K
Retained Earnings Total Equity(64.3M)(71.0M)(89.6M)(106.8M)(96.2M)(101.0M)
Capital Surpluse69.1M76.6M114.7M134.4M154.6M79.5M
Other Liab216.1K121.9K80.1K38.3K44.0K41.8K
Capital Lease Obligations860.0K703.5K536.4K358.3K2.9M3.1M
Property Plant And Equipment Gross3.3M1.9K5.9M6.9M12.5M13.1M
Non Current Liabilities Other52.4K658.3K438.3K206.4K237.4K211.7K
Net Invested Capital4.9M6.2M25.2M27.6M36.4M38.3M
Net Working Capital1.6M2.9M22.1M23.9M30.1M31.6M
Capital Stock87.4K97.8K110.6K112.9K118.1K111.1K

Currently Active Assets on Macroaxis

When determining whether Lightwave Logic is a strong investment it is important to analyze Lightwave Logic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightwave Logic's future performance. For an informed investment choice regarding Lightwave Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightwave Logic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Lightwave Stock please use our How to Invest in Lightwave Logic guide.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lightwave Logic. If investors know Lightwave will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lightwave Logic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
0.001
Return On Assets
(0.37)
Return On Equity
(0.64)
The market value of Lightwave Logic is measured differently than its book value, which is the value of Lightwave that is recorded on the company's balance sheet. Investors also form their own opinion of Lightwave Logic's value that differs from its market value or its book value, called intrinsic value, which is Lightwave Logic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lightwave Logic's market value can be influenced by many factors that don't directly affect Lightwave Logic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lightwave Logic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightwave Logic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightwave Logic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.