Market Cap : 54.12 M | Enterprise Value : 52.26 M | PE Ratio : At Loss | PB Ratio : 17.10 |
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The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Research Frontiers's quick ratio for the quarter that ended in Mar. 2022 was 11.48.
Research Frontiers has a quick ratio of 11.48. It generally indicates good short-term financial strength.
The historical rank and industry rank for Research Frontiers's Quick Ratio or its related term are showing as below:
During the past 13 years, Research Frontiers's highest Quick Ratio was 90.00. The lowest was 1.00. And the median was 17.08.
REFR's Quick Ratio is ranked better thanThe historical data trend for Research Frontiers's Quick Ratio 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.
For the Electronic Components subindustry, Research Frontiers's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
For the Hardware industry and Technology sector, Research Frontiers's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Research Frontiers's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Research Frontiers's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as
Quick Ratio (A: Dec. 2021 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (3.95 | - | 0) | / | 0.298 | |
= | 13.26 |
Research Frontiers's Quick Ratio for the quarter that ended in Mar. 2022 is calculated as
Quick Ratio (Q: Mar. 2022 ) | = | (Total Current Assets | - | Total Inventories) | / | Total Current Liabilities |
= | (3.306 | - | 0) | / | 0.288 | |
= | 11.48 |
* 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.
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Thank you for viewing the detailed overview of Research Frontiers's Quick Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Douglas Family Trust | 10 percent owner, other: 13(d)(3) group | 125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939 |
James & Jean Douglas Irrevocable Descendants Trust | 10 percent owner, other: 13(d)(3) group | 125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939 |
Douglas Kevin | 10 percent owner, other: 13(d)(3) group | 125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939 |
Settle William Graham | director | 6003 COBRIDGE SQUARE RALEIGH NC 27609 |
Lapointe Michael R | officer: VP-Marketing | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LAPOINTE MICHAEL R a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Harary Joseph M | director, officer: President and CEO | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HARARY JOSEPH M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Van Voorhees Seth | officer: CFO & VP-Business Development | 12 HARVEY DRIVE SHORT HILLS NJ 07078 |
Daigle Darryl | director | 3213 WYTCHWOOD DRIVE MORGAN CITY LA 70380 |
Kaganowicz Alexander | director | 1217 CARLLS STRAIGHT PATH DIX HILLS NY 11746 |
Grimes Gregory George | director | 24 FIFTH AVENUE APT. 1530 NEW YORK NY 10011 |
Slovak Steven Michael | officer: Vice President-Technology | 240 CROSSWAYS PARK DRIVE WOODBURY NY 11797 |
Saxe Robert L | director, officer: Chairman of the Board | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SAXE ROBERT L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Keen Victor F | director | C/O RESEARCH FRONTIERS INC. 240 CROSSWAYS PARK DRIVE WOODBURY NY 11797 |
Guthrie Marion Philip | director | THREE LINCOLN CENTRE 5430 LBJ FWY., SUITE 1480 DALLAS TX 75240 |
Derby Jack | director | 399 BOYLSTON STREET BOSTON MA 02117 |
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By Seekingalpha 2021-11-09