nLIGHT, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from nLIGHT, Inc.'s yearly results (2022–2025), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Growth Efficiency Ratio: Sales grew 8% in 3 years; of every extra $100 of sales, $161 became extra profit. Higher than 91% of Technology companies in United States.
- Tangible Net Worth Ratio: Of every $100 of net worth, $95 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 86% of Technology companies in United States.
Where $100 of sales goes
Latest year (Dec 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
1.3×Over the last 3 years its own operating cash covered its investment spending (capex) 1.3 times.
Lower than 65% of Technology companies in United States.
Cash Locked Ratio
$29For every $100 of sales, $29 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $36 tied up three years earlier.
More money tied up than 65% of Technology companies in United States.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 66% of Technology companies in United States.
Growth Efficiency Ratio
$161Sales grew 8% in 3 years; of every extra $100 of sales, $161 became extra profit.
Higher than 91% of Technology companies in United States.
Asset Productivity Ratio
+8% / -4%In 3 years sales changed by +8% while total assets changed by -4%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
1.1×Debt due within a year is covered 1.1 times by its yearly operating cash.
Lower than 60% of Technology companies in United States.
Cash Cushion Ratio
+5%Cash, after subtracting all debt, equals 5% of its market value (net cash).
Higher than 63% of Technology companies in United States.
Tangible Assets Ratio
96%Of every $100 the company owns, $96 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 82% of Technology companies in United States.
Tangible Net Worth Ratio
95%Of every $100 of net worth, $95 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 86% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
nLIGHT, Inc. made a loss over the last year. nLIGHT, Inc. owes $0.15 for every $1 it owns. nLIGHT, Inc. made a loss in each of the last two years.
Compared with Technology companies in United States · latest annual results Dec 2025.
P/E ratio
LossnLIGHT, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
4.73The share price is 4.73 times nLIGHT, Inc.'s book value per share, higher than 65% of Technology companies in United States.
Market cap
$2.1 BThe total market value of all of nLIGHT, Inc.'s shares at today's price (share price × number of shares), larger than 54% of Technology companies in United States. PosiCap size class: Meso Cap.
Net worth (book value)
$440 MWhat nLIGHT, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
$7.63Net worth divided by the number of shares. The share price of $36.10 is 4.7 times this, which is the P/B above.
Return on equity (ROE)
-3.8%nLIGHT, Inc. lost 3.8% of its shareholders' money over the last year, lower than 60% of Technology companies in United States.
Owes vs Owns
0.15×nLIGHT, Inc. owes $0.15 for every $1 it owns (low), lower than 88% of Technology companies in United States.
Dividend yield
NonenLIGHT, Inc. does not currently pay a dividend.
Revenue growth
+32%Revenue rose 32% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Profit growth
LossnLIGHT, Inc. made a loss in each of the last two years.
Profit margin
-9.0%nLIGHT, Inc. lost $9 for every $100 of revenue.
Interest cover
Not coverednLIGHT, Inc.'s operating profit did not cover its interest costs in the year to Dec 2025.
Cash vs debt
Net cashnLIGHT, Inc. held $97 M more cash than debt (net cash) at Dec 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For nLIGHT, Inc.: $2.1 B ÷ $440 M (30 Jun 2026) = 4.7.
What is nLIGHT, Inc.'s return on equity?
nLIGHT, Inc. lost 3.8% of its shareholders' money over the last year, lower than 60% of Technology companies in United States.
How much does nLIGHT, Inc. owe compared with what it owns?
nLIGHT, Inc. owes $0.15 for every $1 it owns (low), lower than 88% of Technology companies in United States.
Does nLIGHT, Inc. pay a dividend?
No. nLIGHT, Inc. does not currently pay a dividend.
Is nLIGHT, Inc.'s revenue growing?
Revenue rose 32% in the year to Dec 2025, and grew 3% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.