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Research Frontiers (Research Frontiers) Tangible Book per Share : $0.11 (As of Dec. 2023)


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What is Research Frontiers Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Research Frontiers's tangible book value per share for the quarter that ended in Dec. 2023 was $0.11.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Research Frontiers Tangible Book per Share Historical Data

The historical data trend for Research Frontiers's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Research Frontiers Tangible Book per Share Chart

Research Frontiers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.17 0.12 0.15 0.11

Research Frontiers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.14 0.13 0.12 0.11

Competitive Comparison of Research Frontiers's Tangible Book per Share

For the Electronic Components subindustry, Research Frontiers's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Research Frontiers's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Research Frontiers's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Research Frontiers's Price-to-Tangible-Book falls into.



Research Frontiers Tangible Book per Share Calculation

Research Frontiers's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.518-0-0)/33.5093
=0.10

Research Frontiers's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.518-0-0)/33.5093
=0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Research Frontiers  (NAS:REFR) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Research Frontiers Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Research Frontiers's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Research Frontiers (Research Frontiers) Business Description

Traded in Other Exchanges
N/A
Address
240 Crossways Park Drive, Woodbury, NY, USA, 11797-2033
Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. Its revenue source comes from the licensing of technology.
Executives
Darryl Daigle director 3213 WYTCHWOOD DRIVE, MORGAN CITY LA 70380
Eyal Peso director C/O GAUZY LTD., 14 HATHIYA STREET, TEL AVIV-YAFO L3 6816914
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
William Graham Settle director 6003 COBRIDGE SQUARE, RALEIGH NC 27609
Michael R Lapointe officer: Vice President-Marketing
Alexander Kaganowicz director 1217 CARLLS STRAIGHT PATH, DIX HILLS NY 11746
Joseph M Harary director, officer: Persident and CEO
Grimes George Gregory director 24 FIFTH AVENUE, APT. 1530, NEW YORK NY 10011
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Voorhees Seth Van officer: VicePresident-Business Dev/CFO 12 HARVEY DRIVE, SHORT HILLS NJ 07078
Robert L Saxe director, officer: Chairman/CTO
Steven Michael Slovak officer: Vice President-Technology 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Jack Derby director 399 BOYLSTON STREET, BOSTON MA 02117
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797

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