Research Frontiers Incorporated (REFR) - Total Assets
Based on the latest financial reports, Research Frontiers Incorporated (REFR) holds total assets worth $3.08 Million USD as of March 2026. 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. Check how aggressively does Research Frontiers Incorporated reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Research Frontiers Incorporated - Total Assets Trend (1987–2025)
This chart illustrates how Research Frontiers Incorporated's total assets have evolved over time, based on quarterly financial data. Explore REFR long-term investments to assets to see how much of total assets are deployed in long-term investments.
Research Frontiers Incorporated - Asset Composition Analysis
Current Asset Composition (December 2025)
Research Frontiers Incorporated's total assets of $3.08 Million consist of 50.8% current assets and 49.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 29.5% |
| Accounts Receivable | $408.67K | 18.2% |
| 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 (1987–2025)
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. For live market cap, price, and company overview, see REFR market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Research Frontiers Incorporated's current assets represent 50.8% of total assets in 2025, a decrease from 93.1% in 1987.
- Cash Position: Cash and equivalents constituted 29.5% of total assets in 2025, 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 18.2% 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 |
|---|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
China | CN¥9.59 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$130.98 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
China | CN¥12.26 Billion |
|
Taiwan Union Technology
TWO:6274
|
Taiwan | NT$44.26 Billion |
|
Daeduck Electronics Co Ltd
KO:353200
|
Korea | ₩1.20 Trillion |
|
Suzhou HYC Technology Co Ltd
SHG:688001
|
China | CN¥5.70 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
China | CN¥7.48 Billion |
|
Wuhu Token Sciences
SHE:300088
|
China | CN¥17.76 Billion |
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 | 6.38 | 11.96 | 14.97 |
| Quick Ratio | 6.38 | 11.96 | 14.97 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.70 Million | $2.31 Million | $4.20 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 | 14.80 |
| Latest Market Cap to Assets Ratio | 9.93 |
| Asset Growth Rate (YoY) | -44.3% |
| Total Assets | $2.25 Million |
| Market Capitalization | $22.35 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Research Frontiers Incorporated's assets at a significant premium (9.93x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Research Frontiers Incorporated's assets decreased by 44.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Research Frontiers Incorporated (1987–2025)
The table below shows the annual total assets of Research Frontiers Incorporated from 1987 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.25 Million | -44.26% |
| 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 | -- |
About 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