SMIT (Schmitt Industries) Research & Development: $0.04 Mil (TTM As of May. 2022)


SMIT Schmitt Industries Inc SMIT
12 GF Score
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What is Schmitt Industries Research & Development?

Schmitt Industries SMIT 12 Research & Development is $0.04 Mil as of May. 2022. GuruFocus rates SMIT with a GF Score™ of 12/100.

Research & Development is the aggregate amount of research and development expenses during the year. Schmitt Industries's Research & Development for the three months ended in May. 2022 was $0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in May. 2022 was $0.04 Mil.

Schmitt Industries  (OTCPK:SMIT) Research & Development Explanation

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.

Schmitt Industries Research & Development Related Terms

Schmitt Industries Research & Development Historical Data

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The historical data trend for Schmitt Industries's Research & Development 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.

Schmitt Industries Research & Development Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.06 0.07 0.07 0.04

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Research & Development 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 0.01 0.01 0.01 0.01 0.01
SMIT
12GF Score
Schmitt Industries Inc SMIT
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Schmitt Industries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0.04 Mil mean?
Schmitt Industries (SMIT) has a Research & Development of $0.04 Mil as of May. 2022. Research and development expense is the total cost for research and development activities. View historical data on Schmitt Industries and its competitors.
Is Schmitt Industries' Research & Development too high?
Schmitt Industries' current Research & Development is $0.04 Mil. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Research & Development compare to WHD and VAL?
Schmitt Industries' Research & Development of $0.04 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Hardware company?
A good Research & Development depends on the Hardware industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Schmitt Industries and its competitors. Schmitt Industries's current Research & Development is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Research & Development of $0.04 Mil. The current Research & Development is $0.04 Mil. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Research & Development is $0.04 Mil as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Schmitt Industries Business Description

Address 2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
12GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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