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. See REFR defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Properties & Resources Development Group Ltd
SHE:200011
|
-0.112x |
|
Hammerson PLC
LSE:HMSO
|
0.030x |
|
DE&T Co. Ltd
KQ:079810
|
0.028x |
|
NexgenRX Inc.
V:NXG
|
0.106x |
|
Fabrity Holding S.A.
WAR:FAB
|
0.028x |
|
Ratio Energies LP
TA:RATI-L
|
0.145x |
|
ProMIS Neurosciences Inc.
NASDAQ:PMN
|
-1.108x |
|
GP Petroleums Limited
NSE:GULFPETRO
|
0.039x |
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. For the full company profile with market capitalisation and key ratios, see Research Frontiers Incorporated stock valuation.
| 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