Fonar Historical Financial Ratios

FONR Stock

USD 16.39 0.06 0.36%

Fonar is recently reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.63 or Days Sales Outstanding of 144 will help investors to properly organize and evaluate Fonar financial condition quickly.

Quick Ratio Current Ratio

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 Financial Ratios Analysis

FonarFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Fonar investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Fonar financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Fonar history.

Fonar Financial Ratios Chart

At this time, Fonar's Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/28/2024, Average Inventory is likely to grow to about 4 M, while Dividend Yield is likely to drop 0.

Price To Sales Ratio Dividend Yield Days Sales Outstanding Free Cash Flow Yield Debt To Assets Cash Flow To Debt Ratio

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Fonar stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Fonar sales, a figure that is much harder to manipulate than other Fonar multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Fonar dividend as a percentage of Fonar stock price. Fonar dividend yield is a measure of Fonar stock productivity, which can be interpreted as interest rate earned on an Fonar investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most ratios from Fonar's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Fonar current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Sales General And Administrative To Revenue is relatively stable compared to the past year. As of 11/28/2024, Average Inventory is likely to grow to about 4 M, while Dividend Yield is likely to drop 0.

	2023	2024 (projected)
Dividend Yield	0.002837	0.002696
Price To Sales Ratio	1.06	1.01

Dividend Yield Price To Sales Ratio

Fonar fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding
Price To Sales Ratio		0.98	-0.96	-0.19	-0.56	-0.19	0.98	-0.02	0.39	-0.96	1.0	0.95	0.9	-0.55	-0.93	0.95	-0.49	0.47	0.38	-0.14	-0.13	-0.09	-0.98	0.53	0.12	0.88
Dividend Yield	0.98		-0.97	-0.22	-0.59	-0.05	0.96	0.11	0.3	-0.97	0.96	0.91	0.94	-0.66	-0.98	0.99	-0.56	0.58	0.32	-0.09	-0.29	-0.21	-1.0	0.51	-0.03	0.93
Ptb Ratio	-0.96	-0.97		0.03	0.4	0.23	-0.96	-0.08	-0.32	1.0	-0.95	-0.92	-0.83	0.51	0.93	-0.92	0.4	-0.59	-0.37	-0.09	0.17	0.15	0.97	-0.56	-0.11	-0.84
Days Sales Outstanding	-0.19	-0.22	0.03		0.69	-0.64	-0.09	-0.54	0.21	0.03	-0.17	-0.16	-0.46	0.55	0.25	-0.31	0.51	-0.33	0.33	0.6	0.37	0.23	0.22	0.31	0.52	-0.37
Book Value Per Share	-0.56	-0.59	0.4	0.69		-0.54	-0.47	-0.14	-0.08	0.4	-0.56	-0.44	-0.8	0.83	0.62	-0.69	0.85	-0.17	0.03	0.79	0.58	0.38	0.6	-0.06	0.51	-0.78
Free Cash Flow Yield	-0.19	-0.05	0.23	-0.64	-0.54		-0.25	0.47	-0.4	0.23	-0.23	-0.25	0.22	-0.56	-0.06	0.09	-0.56	0.14	-0.42	-0.41	-0.8	-0.55	0.05	-0.39	-0.93	0.21
Operating Cash Flow Per Share	0.98	0.96	-0.96	-0.09	-0.47	-0.25		-0.07	0.45	-0.96	0.98	0.97	0.85	-0.45	-0.9	0.91	-0.43	0.43	0.45	-0.05	-0.14	-0.14	-0.96	0.57	0.15	0.83
Average Payables	-0.02	0.11	-0.08	-0.54	-0.14	0.47	-0.07		-0.44	-0.08	-0.05	-0.03	0.14	-0.39	-0.21	0.16	-0.27	0.72	-0.43	0.1	-0.34	-0.25	-0.1	-0.32	-0.49	0.22
Capex To Depreciation	0.39	0.3	-0.32	0.21	-0.08	-0.4	0.45	-0.44		-0.32	0.42	0.3	0.24	0.14	-0.25	0.26	-0.27	-0.36	0.95	-0.02	0.04	0.12	-0.31	0.81	0.45	0.29
Pb Ratio	-0.96	-0.97	1.0	0.03	0.4	0.23	-0.96	-0.08	-0.32		-0.95	-0.92	-0.83	0.51	0.93	-0.92	0.4	-0.59	-0.37	-0.09	0.17	0.15	0.97	-0.56	-0.11	-0.84
Ev To Sales	1.0	0.96	-0.95	-0.17	-0.56	-0.23	0.98	-0.05	0.42	-0.95		0.95	0.88	-0.52	-0.9	0.93	-0.48	0.43	0.39	-0.17	-0.09	-0.07	-0.97	0.53	0.16	0.86
Free Cash Flow Per Share	0.95	0.91	-0.92	-0.16	-0.44	-0.25	0.97	-0.03	0.3	-0.92	0.95		0.8	-0.38	-0.82	0.85	-0.33	0.45	0.26	-0.09	-0.04	-0.1	-0.91	0.37	0.13	0.75
Roic	0.9	0.94	-0.83	-0.46	-0.8	0.22	0.85	0.14	0.24	-0.83	0.88	0.8		-0.81	-0.94	0.97	-0.72	0.51	0.22	-0.33	-0.45	-0.29	-0.94	0.4	-0.24	0.97
Inventory Turnover	-0.55	-0.66	0.51	0.55	0.83	-0.56	-0.45	-0.39	0.14	0.51	-0.52	-0.38	-0.81		0.75	-0.77	0.79	-0.56	0.11	0.41	0.67	0.41	0.66	-0.12	0.57	-0.82
Net Income Per Share	-0.93	-0.98	0.93	0.25	0.62	-0.06	-0.9	-0.21	-0.25	0.93	-0.9	-0.82	-0.94	0.75		-0.99	0.63	-0.64	-0.3	0.07	0.41	0.28	0.98	-0.5	0.14	-0.95
Days Of Inventory On Hand	0.95	0.99	-0.92	-0.31	-0.69	0.09	0.91	0.16	0.26	-0.92	0.93	0.85	0.97	-0.77	-0.99		-0.66	0.59	0.28	-0.18	-0.4	-0.27	-0.99	0.48	-0.15	0.97
Payables Turnover	-0.49	-0.56	0.4	0.51	0.85	-0.56	-0.43	-0.27	-0.27	0.4	-0.48	-0.33	-0.72	0.79	0.63	-0.66		-0.17	-0.18	0.56	0.74	0.44	0.57	-0.25	0.57	-0.8
Average Inventory	0.47	0.58	-0.59	-0.33	-0.17	0.14	0.43	0.72	-0.36	-0.59	0.43	0.45	0.51	-0.56	-0.64	0.59	-0.17		-0.23	0.32	-0.21	-0.18	-0.57	0.01	-0.2	0.51
Capex To Revenue	0.38	0.32	-0.37	0.33	0.03	-0.42	0.45	-0.43	0.95	-0.37	0.39	0.26	0.22	0.11	-0.3	0.28	-0.18	-0.23		0.18	-0.02	0.04	-0.33	0.93	0.47	0.28
Cash Per Share	-0.14	-0.09	-0.09	0.6	0.79	-0.41	-0.05	0.1	-0.02	-0.09	-0.17	-0.09	-0.33	0.41	0.07	-0.18	0.56	0.32	0.18		0.24	0.15	0.1	0.23	0.35	-0.29
Pocfratio	-0.13	-0.29	0.17	0.37	0.58	-0.8	-0.14	-0.34	0.04	0.17	-0.09	-0.04	-0.45	0.67	0.41	-0.4	0.74	-0.21	-0.02	0.24		0.81	0.29	-0.12	0.85	-0.52
Interest Coverage	-0.09	-0.21	0.15	0.23	0.38	-0.55	-0.14	-0.25	0.12	0.15	-0.07	-0.1	-0.29	0.41	0.28	-0.27	0.44	-0.18	0.04	0.15	0.81		0.21	-0.01	0.74	-0.34
Payout Ratio	-0.98	-1.0	0.97	0.22	0.6	0.05	-0.96	-0.1	-0.31	0.97	-0.97	-0.91	-0.94	0.66	0.98	-0.99	0.57	-0.57	-0.33	0.1	0.29	0.21		-0.52	0.03	-0.94
Capex To Operating Cash Flow	0.53	0.51	-0.56	0.31	-0.06	-0.39	0.57	-0.32	0.81	-0.56	0.53	0.37	0.4	-0.12	-0.5	0.48	-0.25	0.01	0.93	0.23	-0.12	-0.01	-0.52		0.41	0.47
Pfcf Ratio	0.12	-0.03	-0.11	0.52	0.51	-0.93	0.15	-0.49	0.45	-0.11	0.16	0.13	-0.24	0.57	0.14	-0.15	0.57	-0.2	0.47	0.35	0.85	0.74	0.03	0.41		-0.26
Days Payables Outstanding	0.88	0.93	-0.84	-0.37	-0.78	0.21	0.83	0.22	0.29	-0.84	0.86	0.75	0.97	-0.82	-0.95	0.97	-0.8	0.51	0.28	-0.29	-0.52	-0.34	-0.94	0.47	-0.26

Click cells to compare fundamentals

Fonar Account Relationship Matchups

Fonar fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	1.63	1.3	1.04	1.15	1.06	1.01
Ptb Ratio	1.11	0.84	0.67	0.72	0.66	0.63
Days Sales Outstanding	237.04	248.39	248.59	259.64	283.27	143.85
Book Value Per Share	19.27	20.47	21.96	22.7	23.16	24.32
Operating Cash Flow Per Share	3.01	3.11	2.89	2.3	2.08	1.94
Stock Based Compensation To Revenue	0.024	0.0228	0.0232	9.26E-4	8.33E-4	7.92E-4
Capex To Depreciation	1.55	0.87	0.54	0.49	0.0924	0.0878
Pb Ratio	1.11	0.84	0.67	0.72	0.66	0.63
Ev To Sales	1.43	1.62	1.19	1.01	0.92	0.87
Free Cash Flow Per Share	1.95	2.16	1.6	1.52	1.96	2.06
Roic	0.0558	0.0925	0.11	0.0702	0.0729	0.0692
Inventory Turnover	26.26	27.93	21.43	20.59	21.27	22.33
Net Income Per Share	1.79	2.07	2.59	1.41	1.56	1.64
Days Of Inventory On Hand	13.9	13.07	17.03	17.73	17.16	16.31
Payables Turnover	22.03	24.9	32.6	33.5	31.11	32.67
Research And Ddevelopement To Revenue	0.0236	0.0182	0.0153	0.0159	0.0169	0.016
Capex To Revenue	0.0892	0.0536	0.0475	0.044	0.007998	0.007598
Cash Per Share	5.62	6.73	7.32	7.72	8.34	8.76
Pocfratio	6.86	6.12	6.61	7.86	7.75	8.14
Interest Coverage	118.51	68.76	63.5	295.01	214.75	225.49
Pfcf Ratio	10.97	8.19	9.48	11.22	8.23	8.65
Days Payables Outstanding	16.57	14.66	11.19	10.9	11.73	11.14
Income Quality	1.74	1.4	0.89	1.19	1.33	0.98
Roe	0.0928	0.0988	0.11	0.0594	0.0637	0.0669
Ev To Operating Cash Flow	6.81	5.61	5.93	6.87	6.71	3.58
Pe Ratio	11.96	8.55	5.87	12.12	10.34	8.67
Return On Tangible Assets	0.068	0.0755	0.0901	0.0486	0.051	0.0536
Ev To Free Cash Flow	10.89	7.51	8.5	9.81	7.13	7.49
Intangibles To Total Assets	0.0449	0.0438	0.04	0.0384	0.0333	0.0317
Net Debt To E B I T D A	(0.52)	(0.0537)	(0.42)	(0.33)	(0.58)	(0.49)
Current Ratio	5.14	5.42	7.09	8.04	7.86	8.25
Tangible Book Value Per Share	18.04	19.22	20.76	21.54	22.1	23.21

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

0.7

Cigna Corp

Pair Corr

Moving against Fonar Stock

0.81	VMD	Viemed Healthcare	Pair Corr
0.71	WGS	GeneDx Holdings Corp	Pair Corr
0.56	LNSR	LENSAR Inc	Pair Corr
0.47	MBOT	Microbot Medical	Pair Corr
0.37	VREX	Varex Imaging Corp	Pair Corr

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 Correlation Correlation 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Fonar Historical Financial Ratios

About Fonar Financial Ratios Analysis

Fonar Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Free Cash Flow Yield

Fonar fundamentals Correlations

Fonar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fonar fundamentals Accounts

Pair Trading with Fonar

Moving together with Fonar Stock

Moving against Fonar Stock

Additional Tools for Fonar Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ev To Sales	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Days Of Inventory On Hand	+ 0.99	Dividend Yield
Dividend Yield	+ 0.98	Price To Sales Ratio
Operating Cash Flow Per Share	+ 0.98	Price To Sales Ratio
Ev To Sales	+ 0.98	Operating Cash Flow Per Share

Payout Ratio	- 1.0	Dividend Yield
Payout Ratio	- 0.99	Days Of Inventory On Hand
Days Of Inventory On Hand	- 0.99	Net Income Per Share
Net Income Per Share	- 0.98	Dividend Yield
Payout Ratio	- 0.98	Price To Sales Ratio
Payout Ratio	- 0.97	Ev To Sales