Fonar Financial Statements From 2010 to 2026

FONR Stock  USD 18.54  0.03  0.16%   
Fonar's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fonar's valuation are provided below:
Gross Profit
43.3 M
Profit Margin
0.0708
Market Capitalization
92.7 M
Enterprise Value Revenue
0.9685
Revenue
105.4 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 2026 to make sure the trends are evolving in the right direction. As of 01/07/2026, Market Cap is likely to drop to about 63.4 M. In addition to that, Enterprise Value is likely to drop to about 60.8 M

Fonar Total Revenue

126 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 3.1 M, Interest Expense of 21.9 K or Selling General Administrative of 19.2 M, as well as many indicators such as Price To Sales Ratio of 1.08, Dividend Yield of 0.0027 or PTB Ratio of 0.65. Fonar financial statements analysis is a perfect complement when working with Fonar Valuation or Volatility modules.
  
Build AI portfolio with Fonar Stock
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 M6.1 M
Slightly volatile
Total Assets261.9 M249.4 M142.4 M
Slightly volatile
Short and Long Term Debt Total47 M44.8 M21.6 M
Slightly volatile
Other Current Liabilities9.2 M5.7 M7.2 M
Slightly volatile
Total Current Liabilities17.3 M15.4 M17.6 M
Slightly volatile
Property Plant And Equipment Net65.3 M62.2 M33.8 M
Slightly volatile
Accounts Payable1.1 M1.2 M1.7 M
Slightly volatile
Cash68 M64.8 M30.6 M
Slightly volatile
Non Current Assets Total87.2 M83.1 M55 M
Slightly volatile
Non Currrent Assets Other5.6 M4.1 M1.7 M
Slightly volatile
Cash And Short Term Investments68.2 M64.9 M31.6 M
Slightly volatile
Net Receivables100.2 M95.4 M52.1 M
Slightly volatile
Liabilities And Stockholders Equity261.9 M249.4 M142.4 M
Slightly volatile
Non Current Liabilities Total47.9 M45.6 M20.9 M
Slightly volatile
Inventory2.9 M2.5 M2.3 M
Very volatile
Other Current Assets2.4 M2.2 M1.4 M
Slightly volatile
Other Stockholder Equity137.7 M204.6 M169.5 M
Slightly volatile
Total Liabilities35.1 M65.3 M37 M
Slightly volatile
Property Plant And Equipment Gross122.9 M117.1 M50.3 M
Slightly volatile
Total Current Assets174.7 M166.4 M87.5 M
Slightly volatile
Intangible Assets2.6 M2.7 M5.1 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 M12.9 M
Slightly volatile
Long Term Debt57.2 K60.2 K2.8 M
Slightly volatile
Common Stock Total Equity594626K
Slightly volatile
Common Stock564594K
Slightly volatile
Property Plant Equipment67.6 M64.3 M30.6 M
Slightly volatile
Current Deferred Revenue5.8 MM5.4 M
Very volatile
Net Tangible Assets181.4 M172.7 M89.3 M
Slightly volatile
Warrants18.5 M23.7 M19.1 M
Slightly volatile
Long Term Debt Total132.8 K139.8 KM
Slightly volatile
Capital Surpluse195.8 M212.2 M182.4 M
Slightly volatile
Non Current Liabilities Other188.8 K198.8 K4.9 M
Very volatile
Short and Long Term Debt40.2 K42.3 KM
Slightly volatile
Net Invested Capital147.5 M198.5 M118.9 M
Slightly volatile
Net Working Capital96.6 M146.7 M74.6 M
Slightly volatile
Capital Stock570622696
Slightly volatile
Capital Lease Obligations41.1 M44.8 M36.6 M
Slightly volatile

Fonar Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense21.9 K23 K275.4 K
Slightly volatile
Selling General Administrative19.2 M34.2 M20.2 M
Slightly volatile
Total Revenue126 M120 M81 M
Slightly volatile
Gross Profit102.9 M98 M45.4 M
Slightly volatile
Other Operating Expenses55.8 M106.7 M64 M
Slightly volatile
Research Development2.8 M1.4 M1.8 M
Very volatile
Cost Of Revenue30.4 M22 M36 M
Slightly volatile
Total Operating Expenses88.9 M84.7 M31.7 M
Slightly volatile
Net Income Applicable To Common Shares18.7 M10.3 M17.5 M
Pretty Stable
Net Income From Continuing Ops16.2 M12.3 M14.2 M
Pretty Stable
Non Operating Income Net Other1.3 M1.3 M655.8 K
Slightly volatile
Interest Income316.2 K577.5 K413.9 K
Pretty Stable
Reconciled Depreciation6.4 M5.4 MM
Slightly volatile

Fonar Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow4.9 M8.6 M11 M
Very volatile
Begin Period Cash Flow68 M64.8 M27.8 M
Slightly volatile
Depreciation3.7 M5.4 M4.5 M
Slightly volatile
Capital Expenditures2.5 M4.4 MM
Slightly volatile
Total Cash From Operating Activities7.4 M13 M13.9 M
Pretty Stable
Net Income12.9 M12.3 M14.2 M
Pretty Stable
End Period Cash Flow68 M64.8 M30.9 M
Slightly volatile
Dividends Paid4.6 M6.7 M5.2 M
Slightly volatile
Stock Based Compensation35.8 M34.1 M10 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.081.131.8195
Slightly volatile
Dividend Yield0.00270.00280.004
Slightly volatile
Days Sales Outstanding146261208
Slightly volatile
Free Cash Flow Yield0.06860.06540.121
Slightly volatile
Operating Cash Flow Per Share1.911.882.7007
Slightly volatile
Average Payables3.4 MM1.9 M
Very volatile
Stock Based Compensation To Revenue8.0E-48.0E-40.0073
Pretty Stable
Capex To Depreciation0.530.730.6357
Very volatile
EV To Sales0.890.941.5741
Slightly volatile
Free Cash Flow Per Share0.790.981.9825
Slightly volatile
ROIC0.04740.04991.0836
Slightly volatile
Inventory Turnover8.116.1217.1448
Very volatile
Days Of Inventory On Hand73.9961.7136.6198
Pretty Stable
Payables Turnover9.9913.2220.899
Slightly volatile
Sales General And Administrative To Revenue0.440.270.2816
Pretty Stable
Average InventoryM3.2 M2.4 M
Pretty Stable
Research And Ddevelopement To Revenue0.01650.01740.0525
Slightly volatile
Capex To Revenue0.05190.04180.0373
Pretty Stable
Cash Per Share7.767.394.6982
Slightly volatile
POCF Ratio8.638.227.0055
Slightly volatile
Interest Coverage428408156
Slightly volatile
Capex To Operating Cash Flow0.320.30.2142
Slightly volatile
PFCF Ratio13.0112.399.2149
Slightly volatile
Days Payables Outstanding27.1528.5724.7908
Slightly volatile
Income Quality0.991.211.199
Pretty Stable
ROE0.04560.04350.3679
Slightly volatile
EV To Operating Cash Flow3.836.836.2139
Pretty Stable
EV To Free Cash Flow10.8110.38.4125
Slightly volatile
Intangibles To Total Assets0.03660.03850.0782
Slightly volatile
Current Ratio7.987.64.8378
Slightly volatile
Receivables Turnover1.371.451.8215
Slightly volatile
Graham Number21.0623.5422.3334
Slightly volatile
Capex Per Share0.830.630.6853
Pretty Stable
Average Receivables60.3 M57.5 M46.2 M
Slightly volatile
Revenue Per Share19.0517.4512.8468
Slightly volatile
Interest Debt Per Share5.816.513.3275
Slightly volatile
Debt To Assets0.170.210.1347
Slightly volatile
Short Term Coverage Ratios2.662.8131
Pretty Stable
Operating Cycle275395252
Slightly volatile
Days Of Payables Outstanding27.1528.5724.7908
Slightly volatile
Price To Operating Cash Flows Ratio8.638.227.0055
Slightly volatile
Price To Free Cash Flows Ratio13.0112.399.2149
Slightly volatile
Ebt Per Ebit0.611.071.0487
Very volatile
Long Term Debt To Capitalization0.310.20.1594
Slightly volatile
Return On Capital Employed0.06340.06680.5431
Slightly volatile
Quick Ratio7.837.464.7069
Slightly volatile
Dividend Paid And Capex Coverage Ratio3.442.679.2092
Slightly volatile
Net Income Per E B T0.970.70.8531
Slightly volatile
Cash Ratio3.112.961.6733
Slightly volatile
Cash Conversion Cycle156287217
Slightly volatile
Operating Cash Flow Sales Ratio0.0880.09720.174
Slightly volatile
Days Of Inventory Outstanding73.9961.7136.6198
Pretty Stable
Days Of Sales Outstanding146261208
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.960.760.8058
Very volatile
Cash Flow Coverage Ratios0.250.269.5702
Very volatile
Fixed Asset Turnover2.112.223.7177
Slightly volatile
Capital Expenditure Coverage Ratio3.532.679.2145
Slightly volatile
Price Cash Flow Ratio8.638.227.0055
Slightly volatile
Debt Ratio0.170.210.1347
Slightly volatile
Cash Flow To Debt Ratio0.250.269.5702
Very volatile
Price Sales Ratio1.081.131.8195
Slightly volatile
Asset Turnover0.810.550.677
Slightly volatile
Gross Profit Margin0.770.740.5115
Slightly volatile
Return On Equity0.04560.04350.3679
Slightly volatile

Fonar Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap63.4 M92.6 M97.3 M
Slightly volatile
Enterprise Value60.8 M76.9 M90.3 M
Slightly volatile

Fonar Fundamental Market Drivers

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 RevenueM5.8 M
Total Revenue120 M126 M
Cost Of Revenue22 M30.4 M
Sales General And Administrative To Revenue 0.27  0.44 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 0.04  0.05 
Revenue Per Share 17.45  19.05 
Ebit Per Revenue 0.10  0.11 

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

  0.46KO Coca Cola Sell-off TrendPairCorr
  0.39MMM 3M CompanyPairCorr
  0.32MRLWF Marlowe PlcPairCorr
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.