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Lightwave Logic (Lightwave Logic) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is Lightwave Logic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lightwave Logic's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lightwave Logic's Operating Income for the three months ended in Mar. 2024 was $ -5.85 Mil. Lightwave Logic's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate Lightwave Logic's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Lightwave Logic Interest Expense Historical Data

The historical data trend for Lightwave Logic's Interest Expense 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.

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Lightwave Logic Interest Expense Chart

Lightwave Logic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Lightwave Logic Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Lightwave Logic Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lightwave Logic's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-5.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.73 Mil.

Lightwave Logic's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Lightwave Logic's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lightwave Logic Inc has enough cash to cover all of its debt. Its financial situation is stable.


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