Research Frontiers Incorporated (REFR) — Net Asset Quality Index
Research Frontiers Incorporated (REFR) has a Net Asset Quality Index of 57.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.08 Million minus total liabilities of $1.30 Million yields net assets of $1.78 Million. A higher index indicates a stronger, lower-leverage balance sheet. See REFR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Research Frontiers Incorporated Net Asset Quality Index Over Time (1987–2025)
This chart shows how Research Frontiers Incorporated's Net Asset Quality Index has evolved across 39 annual periods from 1987 to 2025. As of March 2026, the index stands at 57.9%, representing net assets of $1.78 Million against total assets of $3.08 Million USD. Explore cash flow conversion of Research Frontiers Incorporated to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Research Frontiers Incorporated (1987–2025)
The table below presents the year-by-year Net Asset Quality Index for Research Frontiers Incorporated from 1987 to 2025, covering 39 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Research Frontiers Incorporated (REFR) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 41.5% | $933.63K | $2.25 Million | $1.32 Million | ▼ -23.0 pp |
| 2024 | 64.5% | $2.60 Million | $4.04 Million | $1.44 Million | ▼ -26.9 pp |
| 2023 | 91.4% | $3.52 Million | $3.85 Million | $332.79K | ▲ +2.0 pp |
| 2022 | 89.4% | $4.80 Million | $5.37 Million | $569.59K | ▲ +6.1 pp |
| 2021 | 83.2% | $3.78 Million | $4.55 Million | $762.06K | ▼ -2.7 pp |
| 2020 | 85.9% | $5.33 Million | $6.20 Million | $872.28K | ▲ +0.5 pp |
| 2019 | 85.5% | $7.06 Million | $8.26 Million | $1.20 Million | ▲ +9.1 pp |
| 2018 | 76.4% | $3.10 Million | $4.06 Million | $959.08K | ▼ -12.7 pp |
| 2017 | 89.1% | $2.57 Million | $2.88 Million | $313.75K | ▼ -3.9 pp |
| 2016 | 93.0% | $4.90 Million | $5.27 Million | $369.27K | ▼ -2.1 pp |
| 2015 | 95.1% | $9.08 Million | $9.54 Million | $468.21K | ▼ -1.1 pp |
| 2014 | 96.2% | $12.08 Million | $12.56 Million | $482.68K | ▼ -2.5 pp |
| 2013 | 98.7% | $11.87 Million | $12.03 Million | $162.33K | ▲ +0.3 pp |
| 2012 | 98.3% | $14.17 Million | $14.42 Million | $242.39K | ▲ +5.3 pp |
| 2011 | 93.0% | $4.11 Million | $4.42 Million | $309.94K | ▼ -3.0 pp |
| 2010 | 96.0% | $7.47 Million | $7.78 Million | $312.24K | ▲ +2.9 pp |
| 2009 | 93.1% | $4.17 Million | $4.47 Million | $308.52K | ▲ +0.9 pp |
| 2008 | 92.2% | $4.87 Million | $5.28 Million | $411.69K | ▼ -3.5 pp |
| 2007 | 95.7% | $7.33 Million | $7.66 Million | $328.60K | ▲ +3.7 pp |
| 2006 | 92.0% | $2.99 Million | $3.25 Million | $259.02K | ▼ -0.1 pp |
| 2005 | 92.1% | $3.65 Million | $3.96 Million | $310.95K | ▲ +8.5 pp |
| 2004 | 83.6% | $2.39 Million | $2.86 Million | $468.37K | ▼ -12.5 pp |
| 2003 | 96.1% | $5.47 Million | $5.69 Million | $220.84K | ▲ +0.8 pp |
| 2002 | 95.3% | $5.97 Million | $6.27 Million | $292.58K | ▼ -1.7 pp |
| 2001 | 97.1% | $9.05 Million | $9.32 Million | $274.98K | ▲ +3.4 pp |
| 2000 | 93.7% | $14.74 Million | $15.73 Million | $991.21K | ▼ -1.3 pp |
| 1999 | 95.0% | $9.50 Million | $10.00 Million | $500.00K | ▼ -0.7 pp |
| 1998 | 95.7% | $6.70 Million | $7.00 Million | $300.00K | ▼ -0.3 pp |
| 1997 | 96.0% | $9.60 Million | $10.00 Million | $400.00K | ▼ -1.6 pp |
| 1996 | 97.6% | $8.20 Million | $8.40 Million | $200.00K | ▼ -0.4 pp |
| 1995 | 98.0% | $9.80 Million | $10.00 Million | $200.00K | ▲ +0.7 pp |
| 1994 | 97.3% | $7.20 Million | $7.40 Million | $200.00K | ▲ +16.3 pp |
| 1993 | 81.0% | $8.10 Million | $10.00 Million | $1.90 Million | ▼ -14.0 pp |
| 1992 | 95.0% | $3.80 Million | $4.00 Million | $200.00K | ▼ -0.9 pp |
| 1991 | 95.9% | $4.70 Million | $4.90 Million | $200.00K | ▲ +38.8 pp |
| 1990 | 57.1% | $400.00K | $700.00K | $300.00K | ▼ -15.6 pp |
| 1989 | 72.7% | $800.00K | $1.10 Million | $300.00K | ▼ -15.5 pp |
| 1988 | 88.2% | $1.50 Million | $1.70 Million | $200.00K | ▲ +8.9 pp |
| 1987 | 79.3% | $2.30 Million | $2.90 Million | $600.00K | — |