Fonar Historical Balance Sheet

FONR Stock  USD 13.81  0.05  0.36%   
Trend analysis of Fonar balance sheet accounts such as Short and Long Term Debt Total of 50.3 M or Other Current Liab of 9.7 M provides information on Fonar's total assets, liabilities, and equity, which is the actual value of Fonar to its prevalent stockholders. By breaking down trends over time using Fonar balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Fonar latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fonar is a good buy for the upcoming year.

Fonar Inventory

2.88 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fonar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.

About Fonar Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Fonar at a specified time, usually calculated after every quarter, six months, or one year. Fonar Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fonar and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fonar currently owns. An asset can also be divided into two categories, current and non-current.

Fonar Balance Sheet Chart

At this time, Fonar's Cash is relatively stable compared to the past year. As of 03/21/2025, Non Current Assets Total is likely to grow to about 89.3 M, though Net Debt is likely to grow to (12.5 M).

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Fonar assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fonar books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most accounts from Fonar's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fonar current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fonar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Fonar Stock, please use our How to Invest in Fonar guide.At this time, Fonar's Cash is relatively stable compared to the past year. As of 03/21/2025, Non Current Assets Total is likely to grow to about 89.3 M, though Net Debt is likely to grow to (12.5 M).
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total37.0M41.7M47.9M50.3M
Total Assets200.6M214.2M246.4M258.7M

Fonar balance sheet Correlations

0.370.2-0.70.170.350.29-0.26-0.19-0.510.240.460.30.250.380.19-0.780.280.790.380.20.320.30.360.120.05
0.370.9-0.57-0.230.980.97-0.550.74-0.120.960.970.530.970.990.9-0.070.680.130.750.940.990.54-0.440.7-0.02
0.20.9-0.470.040.820.97-0.250.670.150.950.860.420.920.851.00.180.640.00.890.950.890.69-0.420.5-0.29
-0.7-0.57-0.470.11-0.56-0.540.48-0.260.36-0.53-0.59-0.18-0.55-0.53-0.470.45-0.35-0.43-0.6-0.46-0.54-0.60.13-0.38-0.02
0.17-0.230.040.11-0.37-0.110.59-0.590.37-0.16-0.180.01-0.22-0.270.01-0.09-0.080.240.17-0.18-0.260.230.51-0.43-0.39
0.350.980.82-0.56-0.370.92-0.670.79-0.220.930.940.510.960.980.83-0.090.640.090.660.90.980.47-0.520.770.07
0.290.970.97-0.54-0.110.92-0.410.74-0.020.970.950.420.960.930.980.040.680.040.850.960.950.66-0.460.64-0.18
-0.26-0.55-0.250.480.59-0.67-0.41-0.560.53-0.54-0.46-0.37-0.59-0.59-0.270.16-0.04-0.03-0.13-0.47-0.59-0.090.59-0.8-0.2
-0.190.740.67-0.26-0.590.790.74-0.56-0.120.760.670.210.780.720.70.360.42-0.40.530.760.760.36-0.810.680.07
-0.51-0.120.150.360.37-0.22-0.020.53-0.12-0.03-0.180.15-0.03-0.130.140.460.17-0.38-0.020.0-0.08-0.090.12-0.29-0.01
0.240.960.95-0.53-0.160.930.97-0.540.76-0.030.890.50.990.940.950.120.560.00.80.980.970.6-0.560.7-0.18
0.460.970.86-0.59-0.180.940.95-0.460.67-0.180.890.420.890.930.87-0.230.710.20.750.860.920.58-0.320.64-0.07
0.30.530.42-0.180.010.510.42-0.370.210.150.50.420.530.610.41-0.080.210.260.30.490.58-0.14-0.010.220.13
0.250.970.92-0.55-0.220.960.96-0.590.78-0.030.990.890.530.950.920.090.610.00.760.960.990.56-0.570.72-0.02
0.380.990.85-0.53-0.270.980.93-0.590.72-0.130.940.930.610.950.86-0.060.670.160.680.930.990.45-0.40.680.02
0.190.91.0-0.470.010.830.98-0.270.70.140.950.870.410.920.860.170.64-0.020.890.950.90.68-0.440.52-0.27
-0.78-0.070.180.45-0.09-0.090.040.160.360.460.12-0.23-0.080.09-0.060.17-0.08-0.660.060.210.010.05-0.43-0.1-0.16
0.280.680.64-0.35-0.080.640.68-0.040.420.170.560.710.210.610.670.64-0.080.120.490.60.650.4-0.090.360.21
0.790.130.0-0.430.240.090.04-0.03-0.4-0.380.00.20.260.00.16-0.02-0.660.120.11-0.010.080.10.57-0.23-0.05
0.380.750.89-0.60.170.660.85-0.130.53-0.020.80.750.30.760.680.890.060.490.110.790.720.75-0.290.3-0.32
0.20.940.95-0.46-0.180.90.96-0.470.760.00.980.860.490.960.930.950.210.6-0.010.790.960.59-0.50.62-0.18
0.320.990.89-0.54-0.260.980.95-0.590.76-0.080.970.920.580.990.990.90.010.650.080.720.960.5-0.490.70.0
0.30.540.69-0.60.230.470.66-0.090.36-0.090.60.58-0.140.560.450.680.050.40.10.750.590.5-0.170.26-0.32
0.36-0.44-0.420.130.51-0.52-0.460.59-0.810.12-0.56-0.32-0.01-0.57-0.4-0.44-0.43-0.090.57-0.29-0.5-0.49-0.17-0.74-0.07
0.120.70.5-0.38-0.430.770.64-0.80.68-0.290.70.640.220.720.680.52-0.10.36-0.230.30.620.70.26-0.740.1
0.05-0.02-0.29-0.02-0.390.07-0.18-0.20.07-0.01-0.18-0.070.13-0.020.02-0.27-0.160.21-0.05-0.32-0.180.0-0.32-0.070.1
Click cells to compare fundamentals

Fonar Account Relationship Matchups

Fonar balance sheet Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding6.7M6.8M6.8M6.5M7.5M4.2M
Total Assets189.5M199.3M200.6M214.2M246.4M258.7M
Short Long Term Debt Total34.7M38.2M37.0M41.7M47.9M50.3M
Other Current Liab4.8M6.3M5.5M6.7M6.1M9.7M
Total Current Liabilities20.0M16.7M15.6M17.9M16.1M17.4M
Total Stockholder Equity138.4M150.3M157.9M166.0M190.9M200.4M
Property Plant And Equipment Net53.1M57.4M55.9M57.7M66.3M69.6M
Net Debt(9.8M)(10.5M)(14.3M)(14.7M)(13.2M)(12.5M)
Retained Earnings(46.0M)(33.6M)(24.2M)(13.6M)(12.3M)(12.9M)
Accounts Payable1.9M1.6M1.6M1.9M1.7M2.8M
Cash44.5M48.7M51.3M56.3M64.8M68.0M
Non Current Assets Total80.9M80.7M74.9M73.9M85.0M89.3M
Non Currrent Assets Other666.5K526.3K523.5K1.9M1.7M1.6M
Cash And Short Term Investments44.5M48.8M51.3M56.5M64.9M68.2M
Net Receivables61.2M66.5M70.2M79.8M91.8M96.4M
Liabilities And Stockholders Equity189.5M199.3M200.6M214.2M246.4M258.7M
Non Current Liabilities Total34.1M36.4M34.1M39.6M45.5M47.8M
Inventory1.7M2.4M2.6M2.7M2.4M2.9M
Other Current Assets1.2M1.1M1.6M1.3M1.2M1.8M
Other Stockholder Equity184.4M183.9M182.1M179.6M206.5M142.3M
Total Liab54.1M53.1M49.8M57.5M66.1M34.4M
Property Plant And Equipment Gross53.1M93.2M95.5M101.5M116.7M122.5M
Total Current Assets108.6M118.7M125.7M140.3M161.4M169.4M
Short Term Debt7.6M8.2M8.3M3.7M3.4M3.0M
Intangible Assets4.0M3.7M3.4M2.9M2.6M2.5M
Short Term Investments32.2K32.3K32.8K136.1K122.5K116.4K
Other Liab3.1M3.3M2.3M1.3M1.2M1.4M
Other Assets22.2M19.5M15.2M11.3M13.0M10.0M
Long Term Debt760.3K155.4K115.1K66.9K60.2K57.2K
Common Stock676.0685.0695.0673.0605.7575.42
Property Plant Equipment21.4M53.1M22.3M55.9M64.3M67.6M
Current Deferred Revenue5.1M4.7M4.4M3.9M4.5M5.8M
Net Tangible Assets118.1M130.1M142.3M150.2M172.7M181.4M

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 against Fonar Stock

  0.74CMRX Chimerix Sell-off TrendPairCorr
  0.64VZ Verizon CommunicationsPairCorr
  0.57JNJ Johnson JohnsonPairCorr
  0.45T ATT Inc Earnings Call This WeekPairCorr
  0.43BKLRF Berkeley EnergyPairCorr
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.