Research Frontiers Incorporated (REFR) — Financial Flexibility Index
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). Check Research Frontiers Incorporated (REFR) strategic asset index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Research Frontiers Incorporated Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for Research Frontiers Incorporated across 38 annual periods. See Research Frontiers Incorporated (REFR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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 market value of Research Frontiers Incorporated.
| 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 | — |