Research Financial Statements From 2010 to 2024

REFR Stock  USD 1.83  0.01  0.55%   
Research Frontiers financial statements provide useful quarterly and yearly information to potential Research Frontiers Incorporated investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Research Frontiers financial statements helps investors assess Research Frontiers' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Research Frontiers' valuation are summarized below:
Gross Profit
-2 M
Profit Margin
(0.81)
Market Capitalization
61.3 M
Enterprise Value Revenue
40.6906
Revenue
1.5 M
There are over one hundred nineteen available trending fundamental ratios for Research Frontiers, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to check out Research Frontiers' recent fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 12/15/2024, Market Cap is likely to grow to about 60.1 M. Also, Enterprise Value is likely to grow to about 57.4 M

Research Frontiers Total Revenue

806,366

Check Research Frontiers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Research Frontiers' main balance sheet or income statement drivers, such as Interest Expense of 53.4 K, Total Revenue of 806.4 K or Other Operating Expenses of 4.3 M, as well as many indicators such as Price To Sales Ratio of 35.29, Dividend Yield of 0.0 or PTB Ratio of 10.42. Research financial statements analysis is a perfect complement when working with Research Frontiers Valuation or Volatility modules.
  
Check out the analysis of Research Frontiers Correlation against competitors.

Research Frontiers Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.2 M3.9 M6.9 M
Slightly volatile
Total Current Liabilities300 K277.4 K346.5 K
Slightly volatile
Total Stockholder Equity6.8 M3.5 M6.4 M
Slightly volatile
Property Plant And Equipment Net294.7 K218.3 K424.6 K
Slightly volatile
Cash3.8 M2.5 M4.1 M
Pretty Stable
Non Current Assets Total437.8 K274.4 K570.9 K
Very volatile
Non Currrent Assets Other91.2 K50.5 K42.3 K
Pretty Stable
Cash And Short Term Investments2.4 M2.5 M5.2 M
Slightly volatile
Common Stock Shares Outstanding17.6 M33.5 M24.2 M
Slightly volatile
Liabilities And Stockholders Equity7.2 M3.9 M6.9 M
Slightly volatile
Other Stockholder Equity72.8 M127.8 M105 M
Slightly volatile
Total Liabilities497.2 K332.8 K542.8 K
Slightly volatile
Property Plant And Equipment Gross3.1 MM1.2 M
Slightly volatile
Total Current Assets6.8 M3.6 M6.3 M
Slightly volatile
Other Current Assets91.9 K96.8 K163.2 K
Slightly volatile
Accounts Payable48.3 K50.9 K186.2 K
Slightly volatile
Net Receivables527.4 KM1.1 M
Slightly volatile
Other Assets63.2 K64.5 K77.3 K
Pretty Stable
Common Stock Total Equity2.2 K3.8 K2.6 K
Slightly volatile
Common Stock2.3 K3.4 K2.6 K
Slightly volatile
Property Plant Equipment71.4 K75.2 K302.4 K
Pretty Stable
Current Deferred Revenue1.091.1518.1 K
Pretty Stable
Short Term Debt308.2 K424.7 K235.3 K
Slightly volatile
Net Tangible Assets5.5 M4.3 M6.5 M
Slightly volatile
Capital Surpluse122.8 M146.2 M114.2 M
Slightly volatile
Long Term Investments1.2 M1.4 M1.5 M
Slightly volatile
Net Invested Capital4.7 M3.5 M3.5 M
Slightly volatile
Net Working Capital4.6 M3.3 M3.2 M
Slightly volatile
Other Liabilities401.1 K451.3 K491.4 K
Slightly volatile
Capital Stock3.5 K3.4 KK
Slightly volatile
Non Current Liabilities Other445.6 K241 K479.6 K
Slightly volatile
Short and Long Term Debt Total506.6 K267.7 K830.4 K
Slightly volatile
Capital Lease Obligations506.6 K267.7 K830.4 K
Slightly volatile

Research Frontiers Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue806.4 K909.6 K1.3 M
Pretty Stable
Other Operating Expenses4.3 M2.9 M4.5 M
Slightly volatile
Cost Of Revenue2.6 M2.4 M3.1 M
Slightly volatile
Total Operating Expenses554.1 K583.3 K3.8 M
Slightly volatile
Depreciation And Amortization111.7 K172.1 K158.6 K
Pretty Stable
Selling General Administrative3.8 M2.9 M3.5 M
Pretty Stable
Research Development554.1 K583.3 K1.2 M
Slightly volatile
Interest Income735.3 K700.3 K295.6 K
Slightly volatile
Reconciled Depreciation111.6 K172.1 K154.5 K
Slightly volatile
Non Recurring40.5 K45.6 K49.7 K
Slightly volatile

Research Frontiers Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation104.9 K172.1 K110.8 K
Slightly volatile
Begin Period Cash FlowM4.2 M4.2 M
Pretty Stable
Stock Based Compensation137.5 K144.7 K553.9 K
Slightly volatile
Change To Netincome700 K390.8 K819.5 K
Slightly volatile
Net Borrowings161.6 K181.8 K198 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio35.2937.146354.9796
Very volatile
PTB Ratio10.429.605111.0666
Slightly volatile
Days Sales Outstanding423403238
Slightly volatile
Book Value Per Share0.09990.10520.281
Slightly volatile
Average Payables120.4 K61 K87.9 K
Slightly volatile
Stock Based Compensation To Revenue0.150.15910.3749
Slightly volatile
Capex To Depreciation0.00860.00911.7649
Pretty Stable
PB Ratio10.429.605111.0666
Slightly volatile
EV To Sales32.9834.718651.8867
Very volatile
Payables Turnover34.7346.376550.5261
Pretty Stable
Research And Ddevelopement To Revenue0.610.64121.3125
Slightly volatile
Capex To Revenue0.00160.00170.0622
Slightly volatile
Cash Per Share0.07030.0740.251
Slightly volatile
Days Payables Outstanding7.487.870463.4974
Slightly volatile
Current Ratio15.9212.890221.3635
Slightly volatile
Tangible Book Value Per Share0.09990.10520.281
Slightly volatile
Receivables Turnover0.860.90651.5879
Pretty Stable
Graham Number0.350.36740.9061
Slightly volatile
Shareholders Equity Per Share0.09990.10520.281
Slightly volatile
Debt To Equity0.03620.06040.0353
Slightly volatile
Capex Per Share0.00.00.0047
Slightly volatile
Graham Net Net0.08220.08660.2452
Slightly volatile
Average Receivables500.3 K796.5 K824 K
Pretty Stable
Revenue Per Share0.05280.02720.0567
Slightly volatile
Interest Debt Per Share0.00420.00630.0047
Slightly volatile
Debt To Assets0.03180.05520.0306
Slightly volatile
Operating Cycle423403238
Slightly volatile
Price Book Value Ratio10.429.605111.0666
Slightly volatile
Days Of Payables Outstanding7.487.870463.4974
Slightly volatile
Ebt Per Ebit1.120.93861.0213
Very volatile
Company Equity Multiplier1.231.09461.1296
Slightly volatile
Total Debt To Capitalization0.03450.05690.034
Slightly volatile
Debt Equity Ratio0.03620.06040.0353
Slightly volatile
Quick Ratio15.9212.890221.3635
Slightly volatile
Net Income Per E B T0.780.911.0398
Pretty Stable
Cash Ratio8.968.924613.2287
Pretty Stable
Cash Conversion Cycle318395442
Slightly volatile
Days Of Sales Outstanding423403238
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.81.00070.9781
Pretty Stable
Price To Book Ratio10.429.605111.0666
Slightly volatile
Fixed Asset Turnover3.814.16657.1689
Slightly volatile
Debt Ratio0.03180.05520.0306
Slightly volatile
Price Sales Ratio35.2937.146354.9796
Very volatile
Asset Turnover0.120.23620.2087
Very volatile
Price Fair Value10.429.605111.0666
Slightly volatile

Research Frontiers Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap60.1 M33.8 M68.4 M
Pretty Stable
Enterprise Value57.4 M31.6 M64.7 M
Pretty Stable

Research Fundamental Market Drivers

Cash And Short Term Investments2.5 M

Research Upcoming Events

14th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Research Frontiers Financial Statements

Research Frontiers shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Research Frontiers investors may analyze each financial statement separately, they are all interrelated. The changes in Research Frontiers' assets and liabilities, for example, are also reflected in the revenues and expenses on on Research Frontiers' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue 1.15  1.09 
Total Revenue909.6 K806.4 K
Cost Of Revenue2.4 M2.6 M
Stock Based Compensation To Revenue 0.16  0.15 
Research And Ddevelopement To Revenue 0.64  0.61 
Revenue Per Share 0.03  0.05 
Ebit Per Revenue(2.24)(2.35)

Pair Trading with Research Frontiers

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Research Frontiers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Research Frontiers will appreciate offsetting losses from the drop in the long position's value.

Moving against Research Stock

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The ability to find closely correlated positions to Research Frontiers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Research Frontiers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Research Frontiers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Research Frontiers Incorporated to buy it.
The correlation of Research Frontiers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Research Frontiers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Research Frontiers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Research Frontiers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Research Stock Analysis

When running Research Frontiers' price analysis, check to measure Research Frontiers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Research Frontiers is operating at the current time. Most of Research Frontiers' value examination focuses on studying past and present price action to predict the probability of Research Frontiers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Research Frontiers' price. Additionally, you may evaluate how the addition of Research Frontiers to your portfolios can decrease your overall portfolio volatility.