Fonar Corporation
FONAR Corporation, together with its subsidiaries, engages in the designing, manufacturing, selling, and servicing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases, abnormalities, other medical conditions, and injuries in the United States. It operates in two segments: Medical Equipment, and Physician Management and Diagnostic Services. The company of… Read more
Fonar Corporation (FONR) - Total Assets
Latest total assets as of December 2025: $217.22 Million USD
Based on the latest financial reports, Fonar Corporation (FONR) holds total assets worth $217.22 Million USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Fonar Corporation - Total Assets Trend (1985–2025)
This chart illustrates how Fonar Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fonar Corporation - Asset Composition Analysis
Current Asset Composition (June 2025)
Fonar Corporation's total assets of $217.22 Million consist of 66.7% current assets and 33.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 26.0% |
| Accounts Receivable | $82.94 Million | 38.2% |
| Inventory | $2.81 Million | 1.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.99 Million | 1.4% |
| Goodwill | $4.27 Million | 2.0% |
Asset Composition Trend (1985–2025)
This chart illustrates how Fonar Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fonar Corporation's current assets represent 66.7% of total assets in 2025, a decrease from 77.4% in 1985.
- Cash Position: Cash and equivalents constituted 26.0% of total assets in 2025, up from 19.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, a decrease from 3.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 38.2% of total assets.
Fonar Corporation Competitors by Total Assets
Key competitors of Fonar Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
ADCNF
OTCGREY:ADCNF
|
USA | $4.51 Billion |
|
Berry Genomics Co Ltd
SHE:000710
|
China | CN¥2.34 Billion |
|
Malaysian Genomics Resource
KLSE:0155
|
Malaysia | RM20.70 Million |
|
NSN Co. Ltd
KQ:031860
|
Korea | ₩60.96 Billion |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
Korea | ₩121.79 Billion |
|
GeneMatrix Inc
KQ:109820
|
Korea | ₩28.03 Billion |
|
Genoray Co. Ltd
KQ:122310
|
Korea | ₩125.67 Billion |
|
Green Cross Lab Cell Corporation
KQ:144510
|
Korea | ₩565.79 Billion |
Fonar Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Fonar Corporation generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Fonar Corporation generates $ 3.84 in net profit.
Fonar Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 10.00 | 11.24 | 6.06 |
| Quick Ratio | 9.81 | 11.01 | 5.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $129.34 Million | $ 125.39 Million | $ 86.48 Million |
Fonar Corporation - Advanced Valuation Insights
This section examines the relationship between Fonar Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.66 |
| Latest Market Cap to Assets Ratio | 0.43 |
| Asset Growth Rate (YoY) | 1.2% |
| Total Assets | $216.91 Million |
| Market Capitalization | $92.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fonar Corporation's assets below their book value (0.43 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fonar Corporation's assets grew by 1.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fonar Corporation (1985–2025)
The table below shows the annual total assets of Fonar Corporation from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $216.91 Million | +1.24% |
| 2024-06-30 | $214.25 Million | +6.81% |
| 2023-06-30 | $200.58 Million | +0.62% |
| 2022-06-30 | $199.34 Million | +5.19% |
| 2021-06-30 | $189.51 Million | +5.13% |
| 2020-06-30 | $180.26 Million | +34.96% |
| 2019-06-30 | $133.56 Million | +12.89% |
| 2018-06-30 | $118.31 Million | +19.79% |
| 2017-06-30 | $98.76 Million | +16.35% |
| 2016-06-30 | $84.89 Million | +10.98% |
| 2015-06-30 | $76.49 Million | -0.39% |
| 2014-06-30 | $76.79 Million | +4.97% |
| 2013-06-30 | $73.15 Million | +117.61% |
| 2012-06-30 | $33.62 Million | +6.44% |
| 2011-06-30 | $31.58 Million | +46.01% |
| 2010-06-30 | $21.63 Million | -23.73% |
| 2009-06-30 | $28.36 Million | -19.49% |
| 2008-06-30 | $35.23 Million | -14.52% |
| 2007-06-30 | $41.21 Million | -27.99% |
| 2006-06-30 | $57.23 Million | -24.79% |
| 2005-06-30 | $76.09 Million | -1.43% |
| 2004-06-30 | $77.20 Million | +31.41% |
| 2003-06-30 | $58.75 Million | -19.33% |
| 2002-06-30 | $72.83 Million | -14.47% |
| 2001-06-30 | $85.16 Million | +0.66% |
| 2000-06-30 | $84.60 Million | -13.32% |
| 1999-06-30 | $97.60 Million | -9.96% |
| 1998-06-30 | $108.40 Million | +1.59% |
| 1997-06-30 | $106.70 Million | +69.10% |
| 1996-06-30 | $63.10 Million | +14.94% |
| 1995-06-30 | $54.90 Million | +13.43% |
| 1994-06-30 | $48.40 Million | +13.08% |
| 1993-06-30 | $42.80 Million | +5.94% |
| 1992-06-30 | $40.40 Million | +0.25% |
| 1991-06-30 | $40.30 Million | -3.13% |
| 1990-06-30 | $41.60 Million | -9.96% |
| 1989-06-30 | $46.20 Million | +5.24% |
| 1988-06-30 | $43.90 Million | +25.79% |
| 1987-06-30 | $34.90 Million | +60.09% |
| 1986-06-30 | $21.80 Million | +59.12% |
| 1985-06-30 | $13.70 Million | -- |