FONAR Balance Sheet Health
Financial Health criteria checks 6/6
FONAR has a total shareholder equity of $156.3M and total debt of $137.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are $202.3M and $46.0M respectively. FONAR's EBIT is $18.1M making its interest coverage ratio -10.2. It has cash and short-term investments of $53.3M.
Key information
0.09%
Debt to equity ratio
US$137.00k
Debt
| Interest coverage ratio | -10.2x |
| Cash | US$53.26m |
| Equity | US$156.30m |
| Total liabilities | US$45.97m |
| Total assets | US$202.26m |
Recent financial health updates
Recent updates
FONAR Corporation (NASDAQ:FONR) Doing What It Can To Lift Shares
Apr 12
Fonar GAAP EPS of $1.75, revenue of $97.59M
Sep 27FONAR: Balance Sheet Trends Point To A Firm Bottom Shortly
Aug 31Adding To My Fonar Corporation Position
Jun 01The Returns On Capital At FONAR (NASDAQ:FONR) Don't Inspire Confidence
May 12Revisiting My FONAR Corp. Mistake
Feb 15FONAR Corporation: Finally Closing In On A Multi-Year Bottom
Oct 11FONAR (NASDAQ:FONR) May Have Issues Allocating Its Capital
May 10FONAR's (NASDAQ:FONR) Stock Price Has Reduced 19% In The Past Three Years
Mar 02Will FONAR (NASDAQ:FONR) Multiply In Value Going Forward?
Feb 09Is FONAR Corporation's (NASDAQ:FONR) Stock Price Struggling As A Result Of Its Mixed Financials?
Jan 19
What Kind Of Investors Own Most Of FONAR Corporation (NASDAQ:FONR)?
Dec 29Fonar reports Q1 results
Nov 12Financial Position Analysis
Short Term Liabilities: FONR's short term assets ($132.5M) exceed its short term liabilities ($14.2M).
Long Term Liabilities: FONR's short term assets ($132.5M) exceed its long term liabilities ($31.8M).
Debt to Equity History and Analysis
Debt Level: FONR has more cash than its total debt.
Reducing Debt: FONR's debt to equity ratio has reduced from 0.3% to 0.09% over the past 5 years.
Debt Coverage: FONR's debt is well covered by operating cash flow (11163.6%).
Interest Coverage: FONR earns more interest than it pays, so coverage of interest payments is not a concern.