Research Frontiers Incorporated (REFR) — Cash Flow-to-Debt Ratio
Research Frontiers Incorporated (REFR) has a Cash Flow-to-Debt Ratio of -0.59x as of March 2026, meaning its operating cash flow of $-759.93K could theoretically repay -1% of its total liabilities ($1.30 Million) in one year. See free cash flow generation of Research Frontiers Incorporated to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Research Frontiers Incorporated Cash Flow-to-Debt Ratio (1988–2025)
Historical debt coverage capacity for Research Frontiers Incorporated across 38 annual periods. Also explore REFR net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Research Frontiers Incorporated (1988–2025)
Year-by-year debt coverage analysis for Research Frontiers Incorporated. For market capitalisation and broader financial context, see REFR market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -1.01x | $-1.33 Million | $1.32 Million | ▼ -83.5% |
| 2024 | -0.55x | $-788.82K | $1.44 Million | ▲ +92.0% |
| 2023 | -6.90x | $-2.30 Million | $332.79K | ▼ -80.0% |
| 2022 | -3.83x | $-2.18 Million | $569.59K | ▼ -61.9% |
| 2021 | -2.37x | $-1.80 Million | $762.06K | ▲ +8.3% |
| 2020 | -2.58x | $-2.25 Million | $872.28K | ▼ -48.8% |
| 2019 | -1.74x | $-2.08 Million | $1.20 Million | ▲ +19.6% |
| 2018 | -2.16x | $-2.07 Million | $959.08K | ▲ +53.9% |
| 2017 | -4.69x | $-1.47 Million | $313.75K | ▲ +56.8% |
| 2016 | -10.85x | $-4.01 Million | $369.27K | ▼ -41.8% |
| 2015 | -7.65x | $-3.58 Million | $468.21K | ▼ -11.1% |
| 2014 | -6.89x | $-3.32 Million | $482.68K | ▲ +65.6% |
| 2013 | -19.99x | $-3.24 Million | $162.33K | ▼ -80.9% |
| 2012 | -11.05x | $-2.68 Million | $242.39K | ▼ -2.2% |
| 2011 | -10.82x | $-3.35 Million | $309.94K | ▼ -5.5% |
| 2010 | -10.26x | $-3.20 Million | $312.24K | ▲ +15.2% |
| 2009 | -12.10x | $-3.73 Million | $308.52K | ▼ -106.3% |
| 2008 | -5.86x | $-2.41 Million | $411.69K | ▲ +45.2% |
| 2007 | -10.70x | $-3.52 Million | $328.60K | ▲ +15.1% |
| 2006 | -12.61x | $-3.27 Million | $259.02K | ▲ +0.0% |
| 2005 | -12.61x | $-3.92 Million | $310.95K | ▼ -63.6% |
| 2004 | -7.71x | $-3.61 Million | $468.37K | ▲ +58.7% |
| 2003 | -18.68x | $-4.12 Million | $220.84K | ▼ -49.1% |
| 2002 | -12.53x | $-3.67 Million | $292.58K | ▲ +30.2% |
| 2001 | -17.96x | $-4.94 Million | $274.98K | ▼ -453.2% |
| 2000 | -3.25x | $-3.22 Million | $991.21K | ▲ +37.6% |
| 1999 | -5.20x | $-2.60 Million | $500.00K | ▲ +42.2% |
| 1998 | -9.00x | $-2.70 Million | $300.00K | ▼ -1300.0% |
| 1997 | 0.75x | $300.00K | $400.00K | ▲ +103.5% |
| 1996 | -21.50x | $-4.30 Million | $200.00K | ▼ -138.9% |
| 1995 | -9.00x | $-1.80 Million | $200.00K | ▲ +59.1% |
| 1994 | -22.00x | $-4.40 Million | $200.00K | ▼ -2358.8% |
| 1993 | -0.89x | $-1.70 Million | $1.90 Million | ▲ +87.2% |
| 1992 | -7.00x | $-1.40 Million | $200.00K | ▼ -27.3% |
| 1991 | -5.50x | $-1.10 Million | $200.00K | ▼ -725.0% |
| 1990 | -0.67x | $-200.00K | $300.00K | ▼ -200.0% |
| 1989 | 0.67x | $200.00K | $300.00K | ▲ +116.7% |
| 1988 | -4.00x | $-800.00K | $200.00K | — |