Fonar Long Term Debt Total vs Retained Earnings Analysis

FONR Stock  USD 15.24  0.47  2.99%   
Fonar financial indicator trend analysis is much more than just examining Fonar latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fonar is a good investment. Please check the relationship between Fonar Long Term Debt Total and its Retained Earnings accounts. 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 tightly coupled 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.

Long Term Debt Total vs Retained Earnings

Long Term Debt Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fonar Long Term Debt Total account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fonar's Long Term Debt Total and Retained Earnings is -0.68. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Fonar, assuming nothing else is changed. The correlation between historical values of Fonar's Long Term Debt Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt Total of Fonar are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Long Term Debt Total i.e., Fonar's Long Term Debt Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Debt Total

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Fonar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fonar current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 tightly coupled 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 Tax Provision is relatively stable compared to the past year. As of 05/17/2024, Sales General And Administrative To Revenue is likely to grow to 0.44, while Selling General Administrative is likely to drop slightly above 18.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit47.0M45.7M52.6M55.2M
Total Revenue97.6M98.6M113.4M119.1M

Fonar fundamental ratios Correlations

0.40.22-0.440.10.370.3-0.25-0.2-0.540.260.450.460.280.440.21-0.810.30.790.390.220.360.340.380.10.05
0.40.87-0.75-0.30.980.96-0.520.7-0.180.950.98-0.170.970.990.88-0.180.730.150.720.930.990.56-0.320.690.0
0.220.87-0.62-0.010.780.97-0.160.610.10.930.86-0.370.890.811.00.10.680.010.90.930.860.83-0.30.47-0.29
-0.44-0.75-0.620.35-0.75-0.690.54-0.360.08-0.75-0.670.06-0.77-0.79-0.610.16-0.59-0.31-0.42-0.78-0.79-0.330.15-0.54-0.02
0.1-0.3-0.010.35-0.44-0.180.62-0.660.42-0.24-0.230.22-0.3-0.35-0.04-0.09-0.130.20.12-0.27-0.340.410.53-0.43-0.35
0.370.980.78-0.75-0.440.91-0.650.76-0.280.920.95-0.180.950.980.8-0.190.680.110.610.890.980.41-0.420.770.09
0.30.960.97-0.69-0.180.91-0.360.7-0.060.970.95-0.330.960.920.97-0.040.720.050.840.960.950.7-0.360.62-0.18
-0.25-0.52-0.160.540.62-0.65-0.36-0.510.55-0.5-0.430.0-0.55-0.56-0.180.24-0.04-0.04-0.01-0.42-0.560.180.55-0.79-0.23
-0.20.70.61-0.36-0.660.760.7-0.51-0.170.720.65-0.530.740.670.640.30.43-0.420.450.710.720.21-0.770.660.1
-0.54-0.180.10.080.42-0.28-0.060.55-0.17-0.09-0.2-0.02-0.09-0.220.090.470.14-0.39-0.05-0.05-0.160.070.17-0.28-0.01
0.260.950.93-0.75-0.240.920.97-0.50.72-0.090.9-0.340.980.910.930.020.610.020.780.970.960.65-0.450.69-0.17
0.450.980.86-0.67-0.230.950.95-0.430.65-0.20.9-0.130.910.960.87-0.290.730.20.750.870.950.57-0.240.63-0.06
0.46-0.17-0.370.060.22-0.18-0.330.0-0.53-0.02-0.34-0.13-0.26-0.12-0.38-0.64-0.20.5-0.28-0.39-0.19-0.260.61-0.290.4
0.280.970.89-0.77-0.30.950.96-0.550.74-0.090.980.91-0.260.940.9-0.020.660.020.730.950.980.57-0.470.730.01
0.440.990.81-0.79-0.350.980.92-0.560.67-0.220.910.96-0.120.940.82-0.210.730.210.640.90.990.48-0.260.670.06
0.210.881.0-0.61-0.040.80.97-0.180.640.090.930.87-0.380.90.820.080.680.00.910.930.870.81-0.320.49-0.28
-0.81-0.180.10.16-0.09-0.19-0.040.240.30.470.02-0.29-0.64-0.02-0.210.08-0.1-0.67-0.050.13-0.110.07-0.38-0.14-0.15
0.30.730.68-0.59-0.130.680.72-0.040.430.140.610.73-0.20.660.730.68-0.10.130.550.660.710.47-0.040.360.21
0.790.150.01-0.310.20.110.05-0.04-0.42-0.390.020.20.50.020.210.0-0.670.130.120.00.110.210.6-0.23-0.05
0.390.720.9-0.420.120.610.84-0.010.45-0.050.780.75-0.280.730.640.91-0.050.550.120.750.690.91-0.190.26-0.33
0.220.930.93-0.78-0.270.890.96-0.420.71-0.050.970.87-0.390.950.90.930.130.660.00.750.940.66-0.390.61-0.18
0.360.990.86-0.79-0.340.980.95-0.560.72-0.160.960.95-0.190.980.990.87-0.110.710.110.690.940.53-0.370.710.03
0.340.560.83-0.330.410.410.70.180.210.070.650.57-0.260.570.480.810.070.470.210.910.660.530.020.06-0.45
0.38-0.32-0.30.150.53-0.42-0.360.55-0.770.17-0.45-0.240.61-0.47-0.26-0.32-0.38-0.040.6-0.19-0.39-0.370.02-0.7-0.1
0.10.690.47-0.54-0.430.770.62-0.790.66-0.280.690.63-0.290.730.670.49-0.140.36-0.230.260.610.710.06-0.70.11
0.050.0-0.29-0.02-0.350.09-0.18-0.230.1-0.01-0.17-0.060.40.010.06-0.28-0.150.21-0.05-0.33-0.180.03-0.45-0.10.11
Click cells to compare fundamentals

Fonar Account Relationship Matchups

Fonar fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding6.7M6.7M6.8M6.8M7.8M4.1M
Total Assets180.3M189.5M199.3M200.6M230.7M242.2M
Short Long Term Debt Total35.8M34.7M38.2M37.0M42.6M44.7M
Other Current Liab8.2M9.2M6.4M5.4M4.9M4.7M
Total Current Liabilities18.7M20.0M16.7M15.6M14.1M17.5M
Total Stockholder Equity126.2M138.4M150.3M157.9M181.6M190.7M
Property Plant And Equipment Net54.1M53.1M57.4M55.9M64.3M67.6M
Net Debt(1.0M)(9.8M)(10.5M)(14.3M)(12.8M)(12.2M)
Retained Earnings(56.2M)(46.0M)(33.6M)(24.2M)(21.8M)(22.9M)
Accounts Payable2.0M1.9M1.6M1.6M1.4M2.8M
Cash36.8M44.5M48.7M51.3M59.0M61.9M
Non Current Assets Total84.4M80.9M80.7M74.9M86.2M90.5M
Non Currrent Assets Other653.1K666.5K526.3K523.5K471.2K447.6K
Cash And Short Term Investments36.8M44.5M48.8M51.3M59.0M62.0M
Net Receivables55.6M61.2M66.5M70.2M80.7M84.7M
Liabilities And Stockholders Equity180.3M189.5M199.3M200.6M230.7M242.2M
Non Current Liabilities Total35.4M34.1M36.4M34.1M39.2M41.2M
Inventory1.6M1.7M2.4M2.6M2.3M2.9M
Other Current Assets1.8M1.2M1.1M1.6M1.4M1.9M
Other Stockholder Equity182.4M184.4M183.9M182.1M209.4M140.9M
Total Liab54.0M54.1M53.1M49.8M57.2M33.7M
Property Plant And Equipment Gross54.1M53.1M93.2M95.5M109.8M115.3M
Total Current Assets95.9M108.6M118.7M125.7M144.5M151.7M
Short Term Debt3.6M3.9M4.1M4.2M3.8M2.7M
Intangible Assets4.1M4.0M3.7M3.4M3.9M3.7M
Short Term Investments31.9K32.2K32.3K32.8K29.5K28.0K
Other Liab3.1M3.3M2.3M1.3M1.2M1.4M
Other Assets22.2M19.5M15.2M11.3M13.0M10.0M
Long Term Debt865.4K760.3K155.4K115.1K103.6K98.4K
Property Plant Equipment21.4M53.1M22.3M55.9M64.3M67.6M
Current Deferred Revenue5.0M5.1M4.7M4.4M5.1M5.9M
Net Tangible Assets118.1M130.1M142.3M150.2M172.7M181.4M
Retained Earnings Total Equity(79.8M)(64.5M)(56.2M)(33.6M)(38.6M)(40.5M)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Fonar is a strong investment it is important to analyze Fonar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fonar's future performance. For an informed investment choice regarding Fonar Stock, refer to the following important reports:
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 tightly coupled 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.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary 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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Is Fonar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fonar. If investors know Fonar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fonar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.736
Earnings Share
1.84
Revenue Per Share
15.694
Quarterly Revenue Growth
0.047
Return On Assets
0.0566
The market value of Fonar is measured differently than its book value, which is the value of Fonar that is recorded on the company's balance sheet. Investors also form their own opinion of Fonar's value that differs from its market value or its book value, called intrinsic value, which is Fonar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fonar's market value can be influenced by many factors that don't directly affect Fonar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fonar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fonar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fonar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.