Tornado Global Hydrovacs (Tornado Global Hydrovacs) Research & Development : $0.00 Mil (TTM As of Dec. 2023)

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What is Tornado Global Hydrovacs Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tornado Global Hydrovacs's Research & Development for the three months ended in Dec. 2023 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.

Tornado Global Hydrovacs Research & Development Historical Data

The historical data trend for Tornado Global Hydrovacs'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.

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Tornado Global Hydrovacs Research & Development Chart

Tornado Global Hydrovacs Annual Data

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Research & Development

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Tornado Global Hydrovacs Quarterly Data
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Tornado Global Hydrovacs Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Tornado Global Hydrovacs (OTCPK:TGHLF) 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.

Tornado Global Hydrovacs Research & Development Related Terms

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Tornado Global Hydrovacs (Tornado Global Hydrovacs) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tornado Global Hydrovacs Ltd (OTCPK:TGHLF) » Definitions » Research & Development

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TGH:Canada

Address

7015 MacLeod Trail South West, Suite 510, Calgary, AB, CAN, T2H 2K6

Website

https://www.tghl.ca

Tornado Global Hydrovacs Ltd is a truck manufacturer. The company, through its subsidiaries, designs, fabricates, manufactures, and sells hydrovac trucks to excavation service providers in the municipal and oil and gas markets in North America and has expanded into China. It has two geographic operating segments, North American manufacturing and sales operations, and its China operation. The majority of its revenue is derived from the North American manufacturing segment.