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This is the expense the company spent on research and development. Morningstar Inc's research and development for the three months ended in Mar. 2016 was $0.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $0.0 Mil.
This is the expense the company spent on research and development.
Morningstar Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 0 (Jun. 2015 ) + 0 (Sep. 2015 ) + 0 (Dec. 2015 ) + 0 (Mar. 2016 ) = $0.0 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Morningstar Inc Annual Data
|Research & Development||29.5||35.1||40.3||38.4||49.2||0.0||0.0||0.0||0.0||0.0|
Morningstar Inc Quarterly Data
|Research & Development||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0|