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Fonar (FONR)

(Delayed Data from NSDQ)

$16.83 USD

16.83
27,471

-0.33 (-1.92%)

Updated Apr 15, 2024 04:00 PM ET

After-Market: $17.23 +0.40 (2.38%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 40% (152 out of 252)

Industry: Medical - Products

Better trading starts here.

Balance Sheet

Fiscal Year End for Fonar Corporation falls in the month of June.

All items in Millions except Per Share data.

6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Assets          
Cash & Equivalents 51 49 44 37 29
Receivables 70 66 61 56 52
Notes Receivable 0 0 0 0 0
Inventories 3 2 2 2 2
Other Current Assets 2 1 1 2 2
Total Current Assets 126 119 109 96 85
Net Property & Equipment 22 22 22 21 17
Investments & Advances 0 0 0 34 0
Other Non-Current Assets 1 2 3 0 1
Deferred Charges 10 13 16 19 21
Intangibles 8 8 8 8 9
Deposits & Other Assets 1 1 2 1 1
Total Assets 201 199 190 180 134
Liabilities & Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 2 2 2 2 2
Current Portion Long-Term Debt 1 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 9 11 14 13 12
Total Current Liabilities 16 17 20 19 14
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1 2 3 3 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 2 2 0
Non-Current Capital Leases 1 1 0 0 0
Other Non-Current Liabilities 0 0 0 0 1
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 50 53 54 54 15
Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 183 185 185 183 181
Retained Earnings -24 -34 -46 -56 -64
Other Equity -7 -4 -3 0 2
Treasury Stock 1 1 1 1 1
Total Shareholder's Equity 151 146 135 126 118
Total Liabilities & Shareholder's Equity 201 199 190 180 134
Total Common Equity 151 146 135 126 118
Shares Outstanding 6.50 6.50 6.50 6.40 6.30
Book Value Per Share 23.20 22.50 20.83 19.73 18.75

Fiscal Year End for Fonar Corporation falls in the month of June.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 53 52 51 50
Receivables NA 75 73 70 69
Notes Receivable NA 0 0 0 0
Inventories NA 3 3 3 3
Other Current Assets NA 1 1 2 1
Total Current Assets NA 133 129 126 122
Net Property & Equipment NA 20 21 22 23
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 1 1 1 1
Deferred Charges NA 8 9 10 11
Intangibles NA 8 8 8 8
Deposits & Other Assets NA 1 1 1 1
Total Assets NA 202 202 201 199
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1 1 2 2
Current Portion Long-Term Debt NA 0 1 1 1
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 8 8 9 7
Total Current Liabilities NA 14 14 16 14
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1 1 1 1
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 1 1 1 1
Other Non-Current Liabilities NA 0 0 0
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 46 47 50 49
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 181 183 183 184
Retained Earnings NA -16 -20 -24 -25
Other Equity NA -8 -7 -7 -7
Treasury Stock NA 0 1 1 2
Total Shareholder's Equity NA 156 154 151 151
Total Liabilities & Shareholder's Equity NA 202 202 201 199
Total Common Equity 0 156 154 151 151
Shares Outstanding 6.30 6.40 6.40 6.50 6.50
Book Value Per Share 0.00 24.42 24.07 23.20 23.17