Fonar Total Current Assets vs Current Deferred Revenue Analysis

FONR Stock

USD 14.41 0.02 0.14%

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 Total Current Assets and its Current Deferred Revenue 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.

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fonar Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Fonar's Total Current Assets and Current Deferred Revenue is -0.09. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Fonar, assuming nothing else is changed. The correlation between historical values of Fonar's Total Current Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Fonar are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Fonar's Total Current Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.09

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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 05/22/2024, 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 Profit	47.0M	45.7M	52.6M	55.2M
Total Revenue	97.6M	98.6M	113.4M	119.1M

Gross Profit Total Revenue

Fonar fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Short Term Investments
Common Stock Shares Outstanding		0.4	0.22	-0.44	0.1	0.37	0.3	-0.25	-0.2	-0.54	0.26	0.45	0.46	0.28	0.44	0.21	-0.81	0.3	0.79	0.39	0.22	0.36	0.34	0.38	0.1	0.05
Total Assets	0.4		0.87	-0.75	-0.3	0.98	0.96	-0.52	0.7	-0.18	0.95	0.98	-0.17	0.97	0.99	0.88	-0.18	0.73	0.15	0.72	0.93	0.99	0.56	-0.32	0.69	0.0
Short Long Term Debt Total	0.22	0.87		-0.62	-0.01	0.78	0.97	-0.16	0.61	0.1	0.93	0.86	-0.37	0.89	0.81	1.0	0.1	0.68	0.01	0.9	0.93	0.86	0.83	-0.3	0.47	-0.29
Other Current Liab	-0.44	-0.75	-0.62		0.35	-0.75	-0.69	0.54	-0.36	0.08	-0.75	-0.67	0.06	-0.77	-0.79	-0.61	0.16	-0.59	-0.31	-0.42	-0.78	-0.79	-0.33	0.15	-0.54	-0.02
Total Current Liabilities	0.1	-0.3	-0.01	0.35		-0.44	-0.18	0.62	-0.66	0.42	-0.24	-0.23	0.22	-0.3	-0.35	-0.04	-0.09	-0.13	0.2	0.12	-0.27	-0.34	0.41	0.53	-0.43	-0.35
Total Stockholder Equity	0.37	0.98	0.78	-0.75	-0.44		0.91	-0.65	0.76	-0.28	0.92	0.95	-0.18	0.95	0.98	0.8	-0.19	0.68	0.11	0.61	0.89	0.98	0.41	-0.42	0.77	0.09
Property Plant And Equipment Net	0.3	0.96	0.97	-0.69	-0.18	0.91		-0.36	0.7	-0.06	0.97	0.95	-0.33	0.96	0.92	0.97	-0.04	0.72	0.05	0.84	0.96	0.95	0.7	-0.36	0.62	-0.18
Net Debt	-0.25	-0.52	-0.16	0.54	0.62	-0.65	-0.36		-0.51	0.55	-0.5	-0.43	0.0	-0.55	-0.56	-0.18	0.24	-0.04	-0.04	-0.01	-0.42	-0.56	0.18	0.55	-0.79	-0.23
Retained Earnings	-0.2	0.7	0.61	-0.36	-0.66	0.76	0.7	-0.51		-0.17	0.72	0.65	-0.53	0.74	0.67	0.64	0.3	0.43	-0.42	0.45	0.71	0.72	0.21	-0.77	0.66	0.1
Accounts Payable	-0.54	-0.18	0.1	0.08	0.42	-0.28	-0.06	0.55	-0.17		-0.09	-0.2	-0.02	-0.09	-0.22	0.09	0.47	0.14	-0.39	-0.05	-0.05	-0.16	0.07	0.17	-0.28	-0.01
Cash	0.26	0.95	0.93	-0.75	-0.24	0.92	0.97	-0.5	0.72	-0.09		0.9	-0.34	0.98	0.91	0.93	0.02	0.61	0.02	0.78	0.97	0.96	0.65	-0.45	0.69	-0.17
Non Current Assets Total	0.45	0.98	0.86	-0.67	-0.23	0.95	0.95	-0.43	0.65	-0.2	0.9		-0.13	0.91	0.96	0.87	-0.29	0.73	0.2	0.75	0.87	0.95	0.57	-0.24	0.63	-0.06
Non Currrent Assets Other	0.46	-0.17	-0.37	0.06	0.22	-0.18	-0.33	0.0	-0.53	-0.02	-0.34	-0.13		-0.26	-0.12	-0.38	-0.64	-0.2	0.5	-0.28	-0.39	-0.19	-0.26	0.61	-0.29	0.4
Cash And Short Term Investments	0.28	0.97	0.89	-0.77	-0.3	0.95	0.96	-0.55	0.74	-0.09	0.98	0.91	-0.26		0.94	0.9	-0.02	0.66	0.02	0.73	0.95	0.98	0.57	-0.47	0.73	0.01
Net Receivables	0.44	0.99	0.81	-0.79	-0.35	0.98	0.92	-0.56	0.67	-0.22	0.91	0.96	-0.12	0.94		0.82	-0.21	0.73	0.21	0.64	0.9	0.99	0.48	-0.26	0.67	0.06
Non Current Liabilities Total	0.21	0.88	1.0	-0.61	-0.04	0.8	0.97	-0.18	0.64	0.09	0.93	0.87	-0.38	0.9	0.82		0.08	0.68	0.0	0.91	0.93	0.87	0.81	-0.32	0.49	-0.28
Inventory	-0.81	-0.18	0.1	0.16	-0.09	-0.19	-0.04	0.24	0.3	0.47	0.02	-0.29	-0.64	-0.02	-0.21	0.08		-0.1	-0.67	-0.05	0.13	-0.11	0.07	-0.38	-0.14	-0.15
Other Current Assets	0.3	0.73	0.68	-0.59	-0.13	0.68	0.72	-0.04	0.43	0.14	0.61	0.73	-0.2	0.66	0.73	0.68	-0.1		0.13	0.55	0.66	0.71	0.47	-0.04	0.36	0.21
Other Stockholder Equity	0.79	0.15	0.01	-0.31	0.2	0.11	0.05	-0.04	-0.42	-0.39	0.02	0.2	0.5	0.02	0.21	0.0	-0.67	0.13		0.12	0.0	0.11	0.21	0.6	-0.23	-0.05
Total Liab	0.39	0.72	0.9	-0.42	0.12	0.61	0.84	-0.01	0.45	-0.05	0.78	0.75	-0.28	0.73	0.64	0.91	-0.05	0.55	0.12		0.75	0.69	0.91	-0.19	0.26	-0.33
Property Plant And Equipment Gross	0.22	0.93	0.93	-0.78	-0.27	0.89	0.96	-0.42	0.71	-0.05	0.97	0.87	-0.39	0.95	0.9	0.93	0.13	0.66	0.0	0.75		0.94	0.66	-0.39	0.61	-0.18
Total Current Assets	0.36	0.99	0.86	-0.79	-0.34	0.98	0.95	-0.56	0.72	-0.16	0.96	0.95	-0.19	0.98	0.99	0.87	-0.11	0.71	0.11	0.69	0.94		0.53	-0.37	0.71	0.03
Short Term Debt	0.34	0.56	0.83	-0.33	0.41	0.41	0.7	0.18	0.21	0.07	0.65	0.57	-0.26	0.57	0.48	0.81	0.07	0.47	0.21	0.91	0.66	0.53		0.02	0.06	-0.45
Intangible Assets	0.38	-0.32	-0.3	0.15	0.53	-0.42	-0.36	0.55	-0.77	0.17	-0.45	-0.24	0.61	-0.47	-0.26	-0.32	-0.38	-0.04	0.6	-0.19	-0.39	-0.37	0.02		-0.7	-0.1
Good Will	0.1	0.69	0.47	-0.54	-0.43	0.77	0.62	-0.79	0.66	-0.28	0.69	0.63	-0.29	0.73	0.67	0.49	-0.14	0.36	-0.23	0.26	0.61	0.71	0.06	-0.7		0.11
Short Term Investments	0.05	0.0	-0.29	-0.02	-0.35	0.09	-0.18	-0.23	0.1	-0.01	-0.17	-0.06	0.4	0.01	0.06	-0.28	-0.15	0.21	-0.05	-0.33	-0.18	0.03	-0.45	-0.1	0.11

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Fonar Account Relationship Matchups

Fonar fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	6.7M	6.7M	6.8M	6.8M	7.8M	4.1M
Total Assets	180.3M	189.5M	199.3M	200.6M	230.7M	242.2M
Short Long Term Debt Total	35.8M	34.7M	38.2M	37.0M	42.6M	44.7M
Other Current Liab	8.2M	9.2M	6.4M	5.4M	4.9M	4.7M
Total Current Liabilities	18.7M	20.0M	16.7M	15.6M	14.1M	17.5M
Total Stockholder Equity	126.2M	138.4M	150.3M	157.9M	181.6M	190.7M
Property Plant And Equipment Net	54.1M	53.1M	57.4M	55.9M	64.3M	67.6M
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 Payable	2.0M	1.9M	1.6M	1.6M	1.4M	2.8M
Cash	36.8M	44.5M	48.7M	51.3M	59.0M	61.9M
Non Current Assets Total	84.4M	80.9M	80.7M	74.9M	86.2M	90.5M
Non Currrent Assets Other	653.1K	666.5K	526.3K	523.5K	471.2K	447.6K
Cash And Short Term Investments	36.8M	44.5M	48.8M	51.3M	59.0M	62.0M
Net Receivables	55.6M	61.2M	66.5M	70.2M	80.7M	84.7M
Liabilities And Stockholders Equity	180.3M	189.5M	199.3M	200.6M	230.7M	242.2M
Non Current Liabilities Total	35.4M	34.1M	36.4M	34.1M	39.2M	41.2M
Inventory	1.6M	1.7M	2.4M	2.6M	2.3M	2.9M
Other Current Assets	1.8M	1.2M	1.1M	1.6M	1.4M	1.9M
Other Stockholder Equity	182.4M	184.4M	183.9M	182.1M	209.4M	140.9M
Total Liab	54.0M	54.1M	53.1M	49.8M	57.2M	33.7M
Property Plant And Equipment Gross	54.1M	53.1M	93.2M	95.5M	109.8M	115.3M
Total Current Assets	95.9M	108.6M	118.7M	125.7M	144.5M	151.7M
Short Term Debt	3.6M	3.9M	4.1M	4.2M	3.8M	2.7M
Intangible Assets	4.1M	4.0M	3.7M	3.4M	3.9M	3.7M
Short Term Investments	31.9K	32.2K	32.3K	32.8K	29.5K	28.0K
Other Liab	3.1M	3.3M	2.3M	1.3M	1.2M	1.4M
Other Assets	22.2M	19.5M	15.2M	11.3M	13.0M	10.0M
Long Term Debt	865.4K	760.3K	155.4K	115.1K	103.6K	98.4K
Property Plant Equipment	21.4M	53.1M	22.3M	55.9M	64.3M	67.6M
Current Deferred Revenue	5.0M	5.1M	4.7M	4.4M	5.1M	5.9M
Net Tangible Assets	118.1M	130.1M	142.3M	150.2M	172.7M	181.4M
Retained Earnings Total Equity	(79.8M)	(64.5M)	(56.2M)	(33.6M)	(38.6M)	(40.5M)

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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:

How To Invest In Fonar

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Is Fonar Stock a good investment?

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What is Fonar's Net Worth?

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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.

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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

(0.49)

Earnings Share

1.56

Revenue Per Share

15.306

Quarterly Revenue Growth

0.012

Return On Assets

0.0541

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.

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Fonar Total Current Assets vs Current Deferred Revenue Analysis

Total Current Assets vs Current Deferred Revenue

Total Current Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Total Current Assets

Current Deferred Revenue

Fonar fundamental ratios Correlations

Fonar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fonar fundamental ratios Accounts

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

Complementary Tools for Fonar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Net Receivables
Total Stockholder Equity	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Total Assets

Inventory	- 0.81	Common Stock Shares Outstanding
Good Will	- 0.79	Net Debt
Total Current Assets	- 0.79	Other Current Liab
Net Receivables	- 0.79	Other Current Liab
Property Plant And Equipment Gross	- 0.78	Other Current Liab
Intangible Assets	- 0.77	Retained Earnings