Research Frontiers Incorporated (REFR) — Financial Flexibility Index

Latest as of March 2026: -0.59x

Research Frontiers Incorporated (REFR) has a Financial Flexibility Index of -0.59x as of March 2026. Free cash flow of $-759.86K (operating CF $-759.93K minus capex $69.00) represents -1% of total liabilities ($1.30 Million). Also explore how fast is Research Frontiers Incorporated growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.59x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-759.86K
Operating CF − Capex

Total Liabilities

$1.30 Million
USD

Capital Expenditures

$69.00
USD

Research Frontiers Incorporated Financial Flexibility Index (1988–2025)

Historical Financial Flexibility Index trend for Research Frontiers Incorporated across 38 annual periods. Check Research Frontiers Incorporated (REFR) strategic asset index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Research Frontiers Incorporated (1988–2025)

Year-by-year free cash flow to debt coverage for Research Frontiers Incorporated. For the full company profile including market capitalisation, see REFR company net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -1.01x $-1.33 Million $-1.33 Million $1.32 Million ▼ -83.8%
2024 -0.55x $-787.20K $-788.82K $1.44 Million ▲ +92.0%
2023 -6.89x $-2.29 Million $-2.30 Million $332.79K ▼ -79.9%
2022 -3.83x $-2.18 Million $-2.18 Million $569.59K ▼ -61.9%
2021 -2.37x $-1.80 Million $-1.80 Million $762.06K ▲ +6.0%
2020 -2.52x $-2.20 Million $-2.25 Million $872.28K ▼ -49.8%
2019 -1.68x $-2.02 Million $-2.08 Million $1.20 Million ▲ +21.7%
2018 -2.15x $-2.06 Million $-2.07 Million $959.08K ▲ +54.0%
2017 -4.67x $-1.46 Million $-1.47 Million $313.75K ▲ +56.9%
2016 -10.82x $-3.99 Million $-4.01 Million $369.27K ▼ -55.1%
2015 -6.97x $-3.26 Million $-3.58 Million $468.21K ▼ -24.8%
2014 -5.59x $-2.70 Million $-3.32 Million $482.68K ▲ +71.6%
2013 -19.68x $-3.19 Million $-3.24 Million $162.33K ▼ -78.8%
2012 -11.00x $-2.67 Million $-2.68 Million $242.39K ▼ -2.1%
2011 -10.78x $-3.34 Million $-3.35 Million $309.94K ▼ -5.4%
2010 -10.22x $-3.19 Million $-3.20 Million $312.24K ▲ +15.0%
2009 -12.02x $-3.71 Million $-3.73 Million $308.52K ▼ -111.7%
2008 -5.68x $-2.34 Million $-2.41 Million $411.69K ▲ +46.0%
2007 -10.51x $-3.45 Million $-3.52 Million $328.60K ▲ +15.9%
2006 -12.50x $-3.24 Million $-3.27 Million $259.02K ▼ 0.0%
2005 -12.49x $-3.88 Million $-3.92 Million $310.95K ▼ -65.2%
2004 -7.56x $-3.54 Million $-3.61 Million $468.37K ▲ +59.1%
2003 -18.46x $-4.08 Million $-4.12 Million $220.84K ▼ -48.8%
2002 -12.41x $-3.63 Million $-3.67 Million $292.58K ▲ +30.2%
2001 -17.78x $-4.89 Million $-4.94 Million $274.98K ▼ -472.0%
2000 -3.11x $-3.08 Million $-3.22 Million $991.21K ▲ +37.8%
1999 -5.00x $-2.50 Million $-2.60 Million $500.00K ▲ +42.3%
1998 -8.67x $-2.60 Million $-2.70 Million $300.00K ▼ -966.7%
1997 1.00x $400.00K $300.00K $400.00K ▲ +104.8%
1996 -21.00x $-4.20 Million $-4.30 Million $200.00K ▼ -133.3%
1995 -9.00x $-1.80 Million $-1.80 Million $200.00K ▲ +58.1%
1994 -21.50x $-4.30 Million $-4.40 Million $200.00K ▼ -2453.1%
1993 -0.84x $-1.60 Million $-1.70 Million $1.90 Million ▲ +88.0%
1992 -7.00x $-1.40 Million $-1.40 Million $200.00K ▼ -27.3%
1991 -5.50x $-1.10 Million $-1.10 Million $200.00K ▼ -725.0%
1990 -0.67x $-200.00K $-200.00K $300.00K ▼ -166.7%
1989 1.00x $300.00K $200.00K $300.00K ▲ +125.0%
1988 -4.00x $-800.00K $-800.00K $200.00K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities