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
Research Frontiers Incorporated (REFR) - Total Assets
Latest total assets as of September 2025: $2.77 Million USD
Based on the latest financial reports, Research Frontiers Incorporated (REFR) holds total assets worth $2.77 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Research Frontiers Incorporated - Total Assets Trend (1987–2024)
This chart illustrates how Research Frontiers Incorporated’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Research Frontiers Incorporated - Asset Composition Analysis
Current Asset Composition (December 2024)
Research Frontiers Incorporated's total assets of $2.77 Million consist of 68.0% current assets and 32.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 49.4% |
| Accounts Receivable | $658.21K | 16.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1987–2024)
This chart illustrates how Research Frontiers Incorporated's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Research Frontiers Incorporated's current assets represent 68.0% of total assets in 2024, a decrease from 93.1% in 1987.
- Cash Position: Cash and equivalents constituted 49.4% of total assets in 2024, down from 93.1% in 1987.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1987.
- Asset Diversification: The largest asset category is accounts receivable at 16.3% of total assets.
Research Frontiers Incorporated Competitors by Total Assets
Key competitors of Research Frontiers Incorporated based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DukSan Neolux Co.Ltd
KQ:213420
|
Korea | ₩682.28 Billion |
|
Gmt Global Inc.
TWO:4573
|
Taiwan | NT$1.75 Billion |
|
Hanchem Co,. Ltd.
KQ:457370
|
Korea | ₩63.76 Billion |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
Research Frontiers Incorporated - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Research Frontiers Incorporated generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Research Frontiers Incorporated is currently not profitable relative to its asset base.
Research Frontiers Incorporated - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 7.61 | 16.19 | 24.01 |
| Quick Ratio | 7.61 | 16.19 | 24.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.40 Million | $ 2.67 Million | $ 5.20 Million |
Research Frontiers Incorporated - Advanced Valuation Insights
This section examines the relationship between Research Frontiers Incorporated's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 23.56 |
| Latest Market Cap to Assets Ratio | 6.52 |
| Asset Growth Rate (YoY) | 4.9% |
| Total Assets | $4.04 Million |
| Market Capitalization | $26.34 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Research Frontiers Incorporated's assets at a significant premium ( 6.52x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Research Frontiers Incorporated's assets grew by 4.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Research Frontiers Incorporated (1987–2024)
The table below shows the annual total assets of Research Frontiers Incorporated from 1987 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $4.04 Million | +4.91% |
| 2023-12-31 | $3.85 Million | -28.25% |
| 2022-12-31 | $5.37 Million | +18.05% |
| 2021-12-31 | $4.55 Million | -26.67% |
| 2020-12-31 | $6.20 Million | -24.91% |
| 2019-12-31 | $8.26 Million | +103.42% |
| 2018-12-31 | $4.06 Million | +40.87% |
| 2017-12-31 | $2.88 Million | -45.37% |
| 2016-12-31 | $5.27 Million | -44.74% |
| 2015-12-31 | $9.54 Million | -24.04% |
| 2014-12-31 | $12.56 Million | +4.43% |
| 2013-12-31 | $12.03 Million | -16.53% |
| 2012-12-31 | $14.42 Million | +226.34% |
| 2011-12-31 | $4.42 Million | -43.26% |
| 2010-12-31 | $7.78 Million | +74.00% |
| 2009-12-31 | $4.47 Million | -15.33% |
| 2008-12-31 | $5.28 Million | -31.01% |
| 2007-12-31 | $7.66 Million | +135.56% |
| 2006-12-31 | $3.25 Million | -17.83% |
| 2005-12-31 | $3.96 Million | +38.33% |
| 2004-12-31 | $2.86 Million | -49.73% |
| 2003-12-31 | $5.69 Million | -9.20% |
| 2002-12-31 | $6.27 Million | -32.79% |
| 2001-12-31 | $9.32 Million | -40.72% |
| 2000-12-31 | $15.73 Million | +57.29% |
| 1999-12-31 | $10.00 Million | +42.86% |
| 1998-12-31 | $7.00 Million | -30.00% |
| 1997-12-31 | $10.00 Million | +19.05% |
| 1996-12-31 | $8.40 Million | -16.00% |
| 1995-12-31 | $10.00 Million | +35.14% |
| 1994-12-31 | $7.40 Million | -26.00% |
| 1993-12-31 | $10.00 Million | +150.00% |
| 1992-12-31 | $4.00 Million | -18.37% |
| 1991-12-31 | $4.90 Million | +600.00% |
| 1990-12-31 | $700.00K | -36.36% |
| 1989-12-31 | $1.10 Million | -35.29% |
| 1988-12-31 | $1.70 Million | -41.38% |
| 1987-12-31 | $2.90 Million | -- |