Fonar Financial Statements From 2010 to 2025

FONR Stock  USD 14.02  0.04  0.29%   
Fonar financial statements provide useful quarterly and yearly information to potential Fonar investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Fonar financial statements helps investors assess Fonar's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Fonar's valuation are summarized below:
Gross Profit
45.7 M
Profit Margin
0.1027
Market Capitalization
95.3 M
Enterprise Value Revenue
0.7145
Revenue
102.9 M
There are over one hundred nineteen available fundamental signals for Fonar, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Fonar's prevailing fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 03/19/2025, Market Cap is likely to drop to about 62.9 M. In addition to that, Enterprise Value is likely to drop to about 60.6 M

Fonar Total Revenue

124.23 Million

Check Fonar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fonar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 65.8 K or Selling General Administrative of 18.8 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0027 or PTB Ratio of 0.72. Fonar financial statements analysis is a perfect complement when working with Fonar Valuation or Volatility modules.
  
Check out the analysis of Fonar Correlation against competitors.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.

Fonar Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding4.2 M7.5 MM
Slightly volatile
Total Assets258.7 M246.4 M137.4 M
Slightly volatile
Short and Long Term Debt Total50.3 M47.9 M20.7 M
Slightly volatile
Other Current Liabilities9.7 M6.1 M7.9 M
Slightly volatile
Total Current Liabilities17.4 M16.1 M17.7 M
Slightly volatile
Property Plant And Equipment Net69.6 M66.3 M33.1 M
Slightly volatile
Accounts Payable2.8 M1.7 M1.9 M
Pretty Stable
Cash68 M64.8 M29 M
Slightly volatile
Non Current Assets Total89.3 M85 M54.2 M
Slightly volatile
Non Currrent Assets Other1.6 M1.7 M934.8 K
Slightly volatile
Cash And Short Term Investments68.2 M64.9 M30 M
Slightly volatile
Net Receivables96.4 M91.8 M49.8 M
Slightly volatile
Liabilities And Stockholders Equity258.7 M246.4 M137.4 M
Slightly volatile
Non Current Liabilities Total47.8 M45.5 M19.8 M
Slightly volatile
Inventory2.9 M2.4 M2.3 M
Very volatile
Other Stockholder Equity142.3 M206.5 M183 M
Pretty Stable
Total Liabilities34.4 M66.1 M35.8 M
Slightly volatile
Property Plant And Equipment Gross122.5 M116.7 M47 M
Slightly volatile
Total Current Assets169.4 M161.4 M83.2 M
Slightly volatile
Short Term DebtM3.4 M3.2 M
Slightly volatile
Intangible Assets2.5 M2.6 M5.2 M
Slightly volatile
Good Will5.2 M3.8 M3.6 M
Slightly volatile
Other Liabilities1.4 M1.2 M1.4 M
Slightly volatile
Other Assets10 M13 M13 M
Slightly volatile
Long Term Debt57.2 K60.2 KM
Slightly volatile
Common Stock Total Equity594626K
Slightly volatile
Common Stock575606K
Slightly volatile
Property Plant Equipment67.6 M64.3 M29.1 M
Slightly volatile
Current Deferred Revenue5.8 M4.5 M5.3 M
Pretty Stable
Net Tangible Assets181.4 M172.7 M85.5 M
Slightly volatile
Warrants18.5 M23.7 M19 M
Slightly volatile
Long Term Debt Total132.8 K139.8 K2.1 M
Slightly volatile
Capital Surpluse195.8 M212.2 M182.2 M
Slightly volatile
Non Current Liabilities Other35 K36.8 K5.2 M
Pretty Stable
Short and Long Term Debt40.2 K42.3 K3.2 M
Slightly volatile
Net Invested Capital142.2 M191 M114.7 M
Slightly volatile
Net Working Capital91.1 M140.8 M70.6 M
Slightly volatile
Capital Stock573634697
Slightly volatile
Capital Lease Obligations40.7 M47.8 M36.7 M
Slightly volatile

Fonar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense65.8 K69.3 K296.7 K
Slightly volatile
Selling General Administrative18.8 M30.9 M19.4 M
Slightly volatile
Total Revenue124.2 M118.3 M79.3 M
Slightly volatile
Gross Profit54.5 M51.9 M37 M
Slightly volatile
Other Operating Expenses54.7 M99.3 M61.7 M
Slightly volatile
Research Development2.8 M1.6 M1.8 M
Very volatile
Cost Of Revenue69.7 M66.4 M42.3 M
Slightly volatile
Total Operating Expenses24 M32.9 M21.8 M
Slightly volatile
Net Income Applicable To Common Shares18.7 M10.3 M18 M
Very volatile
Net Income From Continuing Ops16.6 M16.2 M14.7 M
Slightly volatile
Non Operating Income Net Other1.3 M1.3 M627.5 K
Slightly volatile
Interest Income316.2 K577.5 K408.4 K
Pretty Stable
Reconciled Depreciation6.6 M10.2 M5.4 M
Slightly volatile

Fonar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow16 M15.3 M12.3 M
Slightly volatile
Begin Period Cash Flow61.9 M59 M25.3 M
Slightly volatile
Depreciation10.8 M10.2 M5.5 M
Slightly volatile
Capital Expenditures899 K946.3 K2.6 M
Pretty Stable
Total Cash From Operating Activities17 M16.2 M14.9 M
Slightly volatile
Net Income12.8 M12.2 M14.2 M
Pretty Stable
End Period Cash Flow68 M64.8 M29.4 M
Slightly volatile
Dividends Paid4.6 M6.7 M5.1 M
Slightly volatile
Stock Based Compensation35.8 M34.1 M8.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.161.221.8863
Slightly volatile
Dividend Yield0.00270.00280.0041
Slightly volatile
Days Sales Outstanding144255202
Slightly volatile
Free Cash Flow Yield0.110.12140.1289
Slightly volatile
Operating Cash Flow Per Share1.942.392.7923
Slightly volatile
Average Payables3.4 MM1.9 M
Very volatile
Stock Based Compensation To Revenue8.0E-48.0E-40.0077
Very volatile
Capex To Depreciation0.10.110.5594
Pretty Stable
EV To Sales1.01.061.6373
Slightly volatile
Free Cash Flow Per Share1.851.762.1454
Slightly volatile
ROIC0.0660.06951.1507
Slightly volatile
Inventory Turnover20.119.1419.3543
Slightly volatile
Days Of Inventory On Hand18.7519.7429.4789
Slightly volatile
Payables Turnover29.428.023.4239
Slightly volatile
Sales General And Administrative To Revenue0.440.270.2844
Pretty Stable
Average InventoryMM2.4 M
Pretty Stable
Research And Ddevelopement To Revenue0.01840.01940.0551
Slightly volatile
Capex To Revenue0.00870.00920.0326
Very volatile
Cash Per Share7.887.514.4594
Slightly volatile
POCF Ratio7.336.986.7437
Slightly volatile
Interest Coverage203193144
Slightly volatile
Capex To Operating Cash Flow0.06380.06710.176
Pretty Stable
PFCF Ratio7.787.418.324
Slightly volatile
Days Payables Outstanding12.8213.4922.9492
Slightly volatile
Income Quality0.981.531.2054
Pretty Stable
ROE0.06020.05730.3933
Slightly volatile
EV To Operating Cash Flow3.586.046.0824
Pretty Stable
EV To Free Cash Flow6.746.427.7415
Pretty Stable
Intangibles To Total Assets0.03640.03830.081
Slightly volatile
Current Ratio7.437.074.5446
Slightly volatile
Receivables Turnover1.411.481.8611
Slightly volatile
Graham Number21.4726.4122.7843
Slightly volatile
Capex Per Share0.130.140.6188
Slightly volatile
Average Receivables60.3 M57.5 M45.1 M
Slightly volatile
Revenue Per Share19.1717.4812.6482
Slightly volatile
Interest Debt Per Share5.897.093.1648
Slightly volatile
Debt To Assets0.170.220.1313
Slightly volatile
Short Term Coverage Ratios283270122
Slightly volatile
Operating Cycle272346243
Slightly volatile
Days Of Payables Outstanding12.8213.4922.9492
Slightly volatile
Price To Operating Cash Flows Ratio7.336.986.7437
Slightly volatile
Price To Free Cash Flows Ratio7.787.418.324
Slightly volatile
Ebt Per Ebit0.61.051.0381
Very volatile
Long Term Debt To Capitalization4.0E-45.0E-40.127
Slightly volatile
Return On Capital Employed0.0920.09680.5771
Slightly volatile
Quick Ratio7.286.944.4165
Slightly volatile
Dividend Paid And Capex Coverage Ratio16.1915.4111.1922
Very volatile
Net Income Per E B T0.990.630.8909
Slightly volatile
Cash Ratio2.982.841.5566
Slightly volatile
Cash Conversion Cycle152260209
Slightly volatile
Operating Cash Flow Sales Ratio0.0880.120.1795
Slightly volatile
Days Of Inventory Outstanding18.7519.7429.4789
Slightly volatile
Days Of Sales Outstanding144255202
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.850.8041
Pretty Stable
Cash Flow Coverage Ratios0.290.310.1584
Very volatile
Fixed Asset Turnover1.952.053.8087
Slightly volatile
Capital Expenditure Coverage Ratio16.1915.4111.1922
Very volatile
Price Cash Flow Ratio7.336.986.7437
Slightly volatile
Debt Ratio0.170.220.1313
Slightly volatile
Cash Flow To Debt Ratio0.290.310.1584
Very volatile
Price Sales Ratio1.161.221.8863
Slightly volatile
Asset Turnover0.810.550.6893
Slightly volatile
Gross Profit Margin0.340.390.4437
Very volatile
Return On Equity0.06020.05730.3933
Slightly volatile

Fonar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap62.9 M98.3 M97.7 M
Slightly volatile
Enterprise Value60.6 M85.1 M91.3 M
Slightly volatile

Fonar Fundamental Market Drivers

Cash And Short Term Investments56.5 M

Fonar Upcoming Events

13th of February 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About Fonar Financial Statements

Fonar shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Fonar investors may analyze each financial statement separately, they are all interrelated. The changes in Fonar's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fonar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue4.5 M5.8 M
Total Revenue118.3 M124.2 M
Cost Of Revenue66.4 M69.7 M
Sales General And Administrative To Revenue 0.27  0.44 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.01  0.01 
Revenue Per Share 17.48  19.17 
Ebit Per Revenue 0.14  0.15 

Pair Trading with Fonar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fonar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fonar will appreciate offsetting losses from the drop in the long position's value.

Moving together with Fonar Stock

  0.79DH Definitive Healthcare Buyout TrendPairCorr

Moving against Fonar Stock

  0.5CI Cigna CorpPairCorr
  0.49FEMY FemasysPairCorr
The ability to find closely correlated positions to Fonar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fonar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fonar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fonar to buy it.
The correlation of Fonar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fonar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fonar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fonar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Fonar Stock Analysis

When running Fonar's price analysis, check to measure Fonar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fonar is operating at the current time. Most of Fonar's value examination focuses on studying past and present price action to predict the probability of Fonar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fonar's price. Additionally, you may evaluate how the addition of Fonar to your portfolios can decrease your overall portfolio volatility.