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Lightwave Logic (Lightwave Logic) Net Cash per Share : $0.22 (As of Dec. 2023)


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What is Lightwave Logic Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Lightwave Logic's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.22.

The historical rank and industry rank for Lightwave Logic's Net Cash per Share or its related term are showing as below:

LWLG' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 9.83   Med: 22.64   Max: 78.32
Current: 17.82

During the past 13 years, the highest Price-to-Net-Cash Ratio of Lightwave Logic was 78.32. The lowest was 9.83. And the median was 22.64.

LWLG's Price-to-Net-Cash is ranked worse than
66.27% of 332 companies
in the Chemicals industry
Industry Median: 8.44 vs LWLG: 17.82

Lightwave Logic Net Cash per Share Historical Data

The historical data trend for Lightwave Logic's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lightwave Logic Net Cash per Share Chart

Lightwave Logic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.19 0.20 0.22

Lightwave Logic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.22 0.25 0.23 0.22

Competitive Comparison of Lightwave Logic's Net Cash per Share

For the Specialty Chemicals subindustry, Lightwave Logic's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lightwave Logic's Price-to-Net-Cash Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lightwave Logic's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Lightwave Logic's Price-to-Net-Cash falls into.



Lightwave Logic Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Lightwave Logic's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(31.432-5.35-0)/118.137
=0.22

Lightwave Logic's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(31.432-5.35-0)/118.137
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lightwave Logic  (NAS:LWLG) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Lightwave Logic Net Cash per Share Related Terms

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Lightwave Logic (Lightwave Logic) Business Description

Traded in Other Exchanges
N/A
Address
369 Inverness Parkway, Suite 350, Englewood, CO, USA, 80112
Lightwave Logic Inc is a United States-based development stage company moving toward commercialization of next-generation electro-optic photonic devices made on its P2IC technology platform which uses in-house proprietary high-activity and high-stability organic polymers. Electro-optical devices convert data from electric signals into optical signals for multiple applications. It designs and synthesizes organic chromophores for use in its own proprietary electro-optic polymer systems and photonic device designs.
Executives
Frederick J Leonberger director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Ronald A Bucchi director C/O FIRST CONNECTICUT BANCORP, INC., ONE FARM GLEN BOULEVARD, FARMINGTON CT 06032
Laila Partridge director 78 BLANCHARD ROAD, BURLINGTON MA 01803
Siraj Nour El-ahmadi director 4331 WOODCREST LANE, DALLAS TX 75206
Michael Stephen Lebby director 680 MISSION STREET, 24F, SAN FRANCISCO CA 94105
Craig Ciesla director 369 INVERNESS PARKWAY, SUITE 350, ENGLEWOOD CO 80112
Thomas Edward Zelibor director 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501
George Lauro director 110 KENSINGTON DRIVE, SARATOGA CA 02021
Louis Charles Glasgow officer: Chief Technology Officer 1693 YARDLEY DRIVE, WEST CHESTER PA 19380
Joseph A Miller director ONE RIVERFRONT PLZ, CORNING NY 14831
Goetz Frederick J Jr director, 10 percent owner, officer: President 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713
Phillips W Smith director, officer: Chair of Board of Directors 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Thomas P Smith director 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
James S. Marcelli director, officer: Chief Executive Officer 1831 LEFTHAND CIRCLE, SUITE C, LONGMONT CO 80501
Ross W. Fasick director 121 CONTINENTAL DRIVE, SUITE 110, NEWARK DE 19713