Research Frontiers Incorporated (REFR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Research Frontiers Incorporated (REFR) has a cash flow conversion efficiency ratio of -0.426x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-759.93K) by net assets ($1.78 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see REFR stock market capitalisation for the company's overall valuation and market capitalisation.
Research Frontiers Incorporated - Cash Flow Conversion Efficiency Trend (1988–2025)
This chart illustrates how Research Frontiers Incorporated's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Research Frontiers Incorporated Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Research Frontiers Incorporated ranked by their cash flow conversion efficiency. Explore REFR cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xinyuan Real Estate Co Ltd
NYSE:XIN
|
-0.644x |
|
Dadi Early-Childhood Education Group Ltd
TWO:8437
|
-0.001x |
|
Unimit Engineering Public Company Limited
BK:UEC
|
0.018x |
|
DeepMarkit Corp
V:MKT
|
-0.522x |
|
Vichitbhan Palmoil Public Company Limited
BK:VPO
|
-0.267x |
|
Visesh Infotecnics Limited
NSE:VISESHINFO
|
-0.001x |
|
CSP Steel Center Public Company Limited
BK:CSP
|
0.055x |
|
Critical Resources Ltd
AU:CRR
|
-0.030x |
Annual Cash Flow Conversion Efficiency for Research Frontiers Incorporated (1988–2025)
The table below shows the annual cash flow conversion efficiency of Research Frontiers Incorporated from 1988 to 2025. View Research Frontiers Incorporated stock price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $933.63K | $-1.33 Million | -1.424x | -370.03% |
| 2024-12-31 | $2.60 Million | $-788.82K | -0.303x | +53.58% |
| 2023-12-31 | $3.52 Million | $-2.30 Million | -0.652x | -43.38% |
| 2022-12-31 | $4.80 Million | $-2.18 Million | -0.455x | +4.57% |
| 2021-12-31 | $3.78 Million | $-1.80 Million | -0.477x | -12.76% |
| 2020-12-31 | $5.33 Million | $-2.25 Million | -0.423x | -43.27% |
| 2019-12-31 | $7.06 Million | $-2.08 Million | -0.295x | +55.83% |
| 2018-12-31 | $3.10 Million | $-2.07 Million | -0.668x | -16.66% |
| 2017-12-31 | $2.57 Million | $-1.47 Million | -0.573x | +29.86% |
| 2016-12-31 | $4.90 Million | $-4.01 Million | -0.817x | -106.98% |
| 2015-12-31 | $9.08 Million | $-3.58 Million | -0.395x | -43.42% |
| 2014-12-31 | $12.08 Million | $-3.32 Million | -0.275x | -0.63% |
| 2013-12-31 | $11.87 Million | $-3.24 Million | -0.273x | -44.61% |
| 2012-12-31 | $14.17 Million | $-2.68 Million | -0.189x | +76.84% |
| 2011-12-31 | $4.11 Million | $-3.35 Million | -0.816x | -90.49% |
| 2010-12-31 | $7.47 Million | $-3.20 Million | -0.429x | +52.18% |
| 2009-12-31 | $4.17 Million | $-3.73 Million | -0.896x | -80.84% |
| 2008-12-31 | $4.87 Million | $-2.41 Million | -0.496x | -3.28% |
| 2007-12-31 | $7.33 Million | $-3.52 Million | -0.480x | +56.03% |
| 2006-12-31 | $2.99 Million | $-3.27 Million | -1.091x | -1.47% |
| 2005-12-31 | $3.65 Million | $-3.92 Million | -1.075x | +28.72% |
| 2004-12-31 | $2.39 Million | $-3.61 Million | -1.509x | -100.03% |
| 2003-12-31 | $5.47 Million | $-4.12 Million | -0.754x | -22.92% |
| 2002-12-31 | $5.97 Million | $-3.67 Million | -0.614x | -12.44% |
| 2001-12-31 | $9.05 Million | $-4.94 Million | -0.546x | -149.93% |
| 2000-12-31 | $14.74 Million | $-3.22 Million | -0.218x | +20.22% |
| 1999-12-31 | $9.50 Million | $-2.60 Million | -0.274x | +32.09% |
| 1998-12-31 | $6.70 Million | $-2.70 Million | -0.403x | -1389.55% |
| 1997-12-31 | $9.60 Million | $300.00K | 0.031x | +105.96% |
| 1996-12-31 | $8.20 Million | $-4.30 Million | -0.524x | -185.50% |
| 1995-12-31 | $9.80 Million | $-1.80 Million | -0.184x | +69.94% |
| 1994-12-31 | $7.20 Million | $-4.40 Million | -0.611x | -191.18% |
| 1993-12-31 | $8.10 Million | $-1.70 Million | -0.210x | +43.03% |
| 1992-12-31 | $3.80 Million | $-1.40 Million | -0.368x | -57.42% |
| 1991-12-31 | $4.70 Million | $-1.10 Million | -0.234x | +53.19% |
| 1990-12-31 | $400.00K | $-200.00K | -0.500x | -300.00% |
| 1989-12-31 | $800.00K | $200.00K | 0.250x | +146.88% |
| 1988-12-31 | $1.50 Million | $-800.00K | -0.533x | -- |
About Research Frontiers Incorporated
Research Frontiers Incorporated, together with other subsidiary, engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-con… Read more