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Toro (TORO) Research & Development : $0.00 Mil (TTM As of Dec. 2024)


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What is Toro Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Toro's Research & Development for the three months ended in Dec. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $0.00 Mil.


Toro Research & Development Historical Data

The historical data trend for Toro'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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Toro Research & Development Chart

Toro Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Research & Development
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Toro Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Toro 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Toro  (NAS:TORO) 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.


Toro Research & Development Related Terms

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Toro Business Description

Traded in Other Exchanges
Address
223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, CYP, 3036
Toro Corp acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products. It operates in three reportable segments: the Aframax tanker, the LPG carrier segment, and the Handysize tanker. The company generates maximum revenue from the Aframax tanker segment.