Research Cost Of Revenue vs Operating Income Analysis

REFR Stock  USD 1.83  0.01  0.55%   
Research Frontiers financial indicator trend analysis is much more than just breaking down Research Frontiers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Research Frontiers is a good investment. Please check the relationship between Research Frontiers Cost Of Revenue and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Research Frontiers Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Research Frontiers Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Research Frontiers' Cost Of Revenue and Operating Income is -0.86. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Research Frontiers Incorporated, assuming nothing else is changed. The correlation between historical values of Research Frontiers' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Research Frontiers Incorporated are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Research Frontiers' Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Research Frontiers income statement and represents the costs associated with goods and services Research Frontiers provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Research Frontiers operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Research Frontiers Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Research Frontiers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Research Frontiers 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Research Frontiers Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Research Frontiers' Selling General Administrative is relatively stable compared to the past year. As of 12/15/2024, Enterprise Value is likely to grow to about 57.4 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Total Operating Expenses3.1M3.2M583.3K554.1K
Cost Of Revenue2.5M175.2K2.4M2.6M

Research Frontiers fundamental ratios Correlations

-0.01-0.211.00.03-0.88-0.040.890.31-0.360.95-0.020.16-0.24-0.270.99-0.2-0.18-0.28-0.240.66-0.07-0.12-0.07-0.02-0.17
-0.010.78-0.010.12-0.160.650.030.240.090.04-0.59-0.46-0.05-0.65-0.05-0.280.530.560.630.06-0.31-0.64-0.650.66-0.02
-0.210.78-0.230.22-0.010.54-0.050.380.41-0.23-0.48-0.50.32-0.23-0.28-0.010.520.650.67-0.33-0.31-0.42-0.430.56-0.02
1.0-0.01-0.23-0.01-0.87-0.030.870.28-0.360.95-0.040.15-0.31-0.270.99-0.27-0.17-0.28-0.230.69-0.1-0.14-0.1-0.02-0.2
0.030.120.22-0.01-0.05-0.430.110.7-0.22-0.080.480.470.560.1-0.070.49-0.33-0.29-0.23-0.390.30.380.450.55-0.21
-0.88-0.16-0.01-0.87-0.05-0.11-0.98-0.330.3-0.90.07-0.090.110.45-0.870.10.110.080.08-0.430.00.150.110.090.18
-0.040.650.54-0.03-0.43-0.110.03-0.210.420.09-0.88-0.89-0.18-0.53-0.01-0.310.90.90.890.26-0.21-0.81-0.850.060.26
0.890.03-0.050.870.11-0.980.030.35-0.230.87-0.030.1-0.01-0.340.870.0-0.17-0.12-0.130.360.07-0.09-0.03-0.16-0.2
0.310.240.380.280.7-0.33-0.210.35-0.140.150.220.260.270.00.170.12-0.21-0.14-0.09-0.220.110.130.180.56-0.3
-0.360.090.41-0.36-0.220.30.42-0.23-0.14-0.46-0.51-0.720.090.37-0.36-0.090.550.660.64-0.38-0.06-0.29-0.31-0.13-0.1
0.950.04-0.230.95-0.08-0.90.090.870.15-0.46-0.030.14-0.25-0.410.96-0.16-0.08-0.18-0.150.76-0.07-0.13-0.1-0.09-0.02
-0.02-0.59-0.48-0.040.480.07-0.88-0.030.22-0.51-0.030.940.30.47-0.050.48-0.75-0.74-0.72-0.220.30.950.97-0.05-0.09
0.16-0.46-0.50.150.47-0.09-0.890.10.26-0.720.140.940.140.260.130.31-0.84-0.87-0.83-0.060.190.810.840.05-0.16
-0.24-0.050.32-0.310.560.11-0.18-0.010.270.09-0.250.30.140.12-0.290.93-0.10.110.01-0.50.320.350.420.00.38
-0.27-0.65-0.23-0.270.10.45-0.53-0.340.00.37-0.410.470.260.12-0.280.14-0.25-0.26-0.24-0.32-0.020.620.6-0.13-0.24
0.99-0.05-0.280.99-0.07-0.87-0.010.870.17-0.360.96-0.050.13-0.29-0.28-0.22-0.16-0.27-0.230.72-0.09-0.14-0.1-0.11-0.13
-0.2-0.28-0.01-0.270.490.1-0.310.00.12-0.09-0.160.480.310.930.14-0.22-0.21-0.05-0.16-0.360.450.510.58-0.20.47
-0.180.530.52-0.17-0.330.110.9-0.17-0.210.55-0.08-0.75-0.84-0.1-0.25-0.16-0.210.910.930.21-0.12-0.62-0.670.120.28
-0.280.560.65-0.28-0.290.080.9-0.12-0.140.66-0.18-0.74-0.870.11-0.26-0.27-0.050.910.97-0.03-0.13-0.58-0.630.050.27
-0.240.630.67-0.23-0.230.080.89-0.13-0.090.64-0.15-0.72-0.830.01-0.24-0.23-0.160.930.970.02-0.14-0.56-0.620.190.2
0.660.06-0.330.69-0.39-0.430.260.36-0.22-0.380.76-0.22-0.06-0.5-0.320.72-0.360.21-0.030.02-0.26-0.29-0.3-0.010.22
-0.07-0.31-0.31-0.10.30.0-0.210.070.11-0.06-0.070.30.190.32-0.02-0.090.45-0.12-0.13-0.14-0.260.280.33-0.210.38
-0.12-0.64-0.42-0.140.380.15-0.81-0.090.13-0.29-0.130.950.810.350.62-0.140.51-0.62-0.58-0.56-0.290.280.98-0.15-0.06
-0.07-0.65-0.43-0.10.450.11-0.85-0.030.18-0.31-0.10.970.840.420.6-0.10.58-0.67-0.63-0.62-0.30.330.98-0.15-0.06
-0.020.660.56-0.020.550.090.06-0.160.56-0.13-0.09-0.050.050.0-0.13-0.11-0.20.120.050.19-0.01-0.21-0.15-0.15-0.15
-0.17-0.02-0.02-0.2-0.210.180.26-0.2-0.3-0.1-0.02-0.09-0.160.38-0.24-0.130.470.280.270.20.220.38-0.06-0.06-0.15
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Research Frontiers Account Relationship Matchups

Research Frontiers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.3M6.2M4.5M5.4M3.9M7.2M
Other Current Liab46.7K(140.1K)(132.7K)(162.0K)(198.2K)(188.3K)
Total Current Liabilities387.4K226.1K297.9K301.9K277.4K300.0K
Total Stockholder Equity7.1M5.3M3.8M4.8M3.5M6.8M
Property Plant And Equipment Net915.7K738.2K562.8K388.9K218.3K294.7K
Net Debt(5.6M)(4.0M)376.3K(3.8M)(2.2M)(2.3M)
Retained Earnings(115.5M)(117.8M)(119.7M)(122.4M)(124.3M)(118.1M)
Cash6.6M4.8M270.0K4.2M2.5M3.8M
Non Current Assets Total949.3K771.8K596.3K445.0K274.4K437.8K
Cash And Short Term Investments6.6M4.8M3.0M4.2M2.5M2.4M
Common Stock Shares Outstanding30.0M31.5M31.6M32.1M33.5M17.6M
Liabilities And Stockholders Equity8.3M6.2M4.5M5.4M3.9M7.2M
Other Stockholder Equity122.6M123.2M123.5M127.2M127.8M72.8M
Total Liab1.2M872.3K762.1K569.6K332.8K497.2K
Property Plant And Equipment Gross915.7K738.2K3.3M3.1M3.0M3.1M
Total Current Assets7.3M5.4M3.9M4.9M3.6M6.8M
Non Current Liabilities Total812.6K646.2K464.1K267.7K55.4K52.6K
Other Current Assets58.8K113.0K185.9K101.0K96.8K91.9K
Accounts Payable169.8K33.4K66.5K71.1K50.9K48.3K
Net Receivables656.1K598.3K831.6K589.6K1.0M527.4K
Common Stock Total Equity2.8K3.1K3.2K3.3K3.8K2.2K
Common Stock3.1K3.2K3.2K3.3K3.4K2.3K
Property Plant Equipment141.7K121.8K562.8K65.4K75.2K71.4K
Current Deferred Revenue50.6K7.7K49.0K1.01.151.09
Net Tangible Assets7.1M5.3M3.8M4.8M4.3M5.5M
Retained Earnings Total Equity(111.7M)(115.5M)(117.8M)(122.4M)(110.1M)(115.6M)
Capital Surpluse114.8M122.6M123.2M127.2M146.2M122.8M
Net Invested Capital7.1M5.3M3.8M4.8M3.5M4.7M
Net Working Capital6.9M5.2M3.7M4.6M3.3M4.6M
Capital Stock3.1K3.2K3.2K3.3K3.4K3.5K

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.