FONAR Corporation

FONAR Corporationverified

FONR

Price:

$14.55

Market Cap:

$92.08M

FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates through two segments, Medical Equipment segment, and Physician Management and Diagnostic services segment. It provides Upright MRI scanner that allows patients to be scanned in weight-bearing conditions, such as standing, sitting, bending, or lying down. The company offers non-medical management, including administrative services, billing and collection services, credentialing services, contract negotiations, compliance consulting, purchasing ...[Read more]

Industry

Medical - Devices

IPO Date

1981-10-29

Stock Exchange

NASDAQ

Ticker

FONR

The Current Ratio as of November 2024 (TTM) for FONAR Corporation (FONR) is 7.86

According to FONAR Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 7.86. This represents a change of -11.82% compared to the average of 8.91 of the last 4 quarters.

FONAR Corporation (FONR) Historical Current Ratio (quarterly & annually)

How has FONR Current Ratio performed in the past?

The mean historical Current Ratio of FONAR Corporation over the last ten years is 5.25. The current 7.86 Current Ratio has changed 14.88% with respect to the historical average. Over the past ten years (40 quarters), FONR's Current Ratio was at its highest in in the March 2024 quarter at 9.37. The Current Ratio was at its lowest in in the September 2014 quarter at 2.07.

Quarterly (TTM)
Annual

Average

5.25

Median

5.28

Minimum

2.21

Maximum

8.04

FONAR Corporation (FONR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of FONAR Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 69.76%

Maximum Annual Current Ratio = 8.04

Minimum Annual Increase = -14.92%

Minimum Annual Current Ratio = 2.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.86-2.29%
20238.0413.50%
20227.0930.84%
20215.425.41%
20205.14-14.92%
20196.0431.17%
20184.6022.71%
20173.7569.76%
20162.21-4.78%
20152.3214.90%

FONAR Corporation (FONR) Average Current Ratio

How has FONR Current Ratio performed in the past?

The current Current Ratio of FONAR Corporation (FONR) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

7.66

5-year avg

6.71

10-year avg

5.25

FONAR Corporation (FONR) Current Ratio vs. Peers

How is FONR’s Current Ratio compared to its peers?

FONAR Corporation’s Current Ratio is greater than Burning Rock Biotech Limited (3.11), greater than Sera Prognostics, Inc. (2.08), greater than Olink Holding AB (publ) (5.60), greater than LumiraDx Limited (1.97), greater than Genetron Holdings Limited (1.82), greater than Exagen Inc. (4.32), less than Castle Biosciences, Inc. (8.12), greater than Sotera Health Company (2.93), greater than Biodesix, Inc. (3.40), greater than Neuronetics, Inc. (2.58), greater than Enzo Biochem, Inc. (2.82),

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