FONAR Corporation (FONR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 148.01M | 143.71M | 143.74M | 144.67M | 141.1M | 137.63M | 139.1M | 140.32M | 135.83M | 132.54M | 129.15M | 125.66M | 122M | 120.75M | 119.07M | 118.69M | 114.33M | 111.6M | 109.39M | 108.58M |
| Cash & Short-Term Investments | 53.77M | 53.1M | 54.4M | 56.45M | 54.38M | 53.7M | 54.33M | 56.48M | 54.12M | 53.26M | 51.73M | 51.31M | 49.67M | 49.54M | 48.73M | 48.76M | 46.04M | 44.88M | 43.44M | 44.49M |
| Cash Only | 53.65M | 52.98M | 54.28M | 56.33M | 54.26M | 53.58M | 54.19M | 56.34M | 53.98M | 53.23M | 51.69M | 51.28M | 49.64M | 49.51M | 48.7M | 48.72M | 46.01M | 44.85M | 43.41M | 44.46M |
| Short-Term Investments | 122K | 121K | 122K | 120.49K | 123K | 121K | 136K | 136.1K | 134K | 33K | 33K | 32.8K | 32K | 32K | 32K | 32.33K | 32K | 32K | 32K | 32.18K |
| Accounts Receivable | 88.99M | 85.72M | 84.47M | 82.94M | 81.64M | 79.11M | 80.12M | 79.85M | 77.47M | 75.11M | 73.29M | 70.17M | 68.5M | 67.55M | 66.77M | 66.47M | 64.83M | 63.37M | 62.7M | 61.2M |
| Days Sales Outstanding | 296.99 | 306.44 | 295.7 | 274.54 | 266.28 | 293.57 | 294.81 | 275.9 | 269.93 | 268.9 | 255.4 | 244.78 | 240.81 | 254.72 | 264.28 | 240.77 | 234.79 | 236.9 | 240.18 | 222.25 |
| Inventory | 2.83M | 2.75M | 2.75M | 2.81M | 2.71M | 2.86M | 2.82M | 2.72M | 2.94M | 2.83M | 2.82M | 2.57M | 2.66M | 2.63M | 2.46M | 2.36M | 2.37M | 2.1M | 1.83M | 1.66M |
| Days Inventory Outstanding | 16.5 | 15.96 | 16.4 | 15.45 | 16.62 | 17.16 | 17.06 | 16.75 | 18.8 | 17.96 | 17.81 | 17.58 | 17.42 | 17.9 | 17.59 | 16.94 | 16.07 | 14.08 | 12.86 | 13.19 |
| Other Current Assets | 2.41M | 2.14M | 0 | 2.46M | 2.38M | 1.96M | 0 | 1.29M | 1.31M | 1.34M | 0 | 0 | 1.17M | 1.03M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 71.22M | 73.51M | 74.62M | 72.24M | 73.82M | 70.33M | 73.19M | 73.92M | 73.8M | 69.72M | 72.41M | 74.92M | 77.34M | 76.75M | 78.96M | 80.66M | 81.31M | 82.13M | 78.84M | 80.92M |
| Property, Plant & Equipment | 53.42M | 55.16M | 55.89M | 54.04M | 55.31M | 54.71M | 57.83M | 57.67M | 57.61M | 52.97M | 54.99M | 55.94M | 57.13M | 56.56M | 57.27M | 57.44M | 58.21M | 57.61M | 52.58M | 53.11M |
| Fixed Asset Turnover | 0.49x | 0.46x | 0.47x | 0.50x | 0.49x | 0.44x | 0.43x | 0.45x | 0.47x | 0.47x | 0.47x | 0.46x | 0.45x | 0.43x | 0.40x | 0.43x | 0.42x | 0.44x | 0.45x | 0.47x |
| Goodwill | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M | 4.27M |
| Intangible Assets | 2.81M | 3.03M | 3.25M | 2.99M | 3.23M | 3.41M | 2.79M | 2.87M | 3.18M | 3.27M | 3.35M | 3.43M | 3.49M | 3.58M | 3.62M | 3.7M | 3.77M | 3.85M | 3.96M | 4.04M |
| Long-Term Investments | 3.63M | 4.01M | 0 | 0 | 0 | 0 | 0 | 0 | 1.17M | 0 | 0 | 710.09K | 0 | 0 | 0 | 1.87M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 891K | 891K | 11.21M | 4.58M | 4.67M | 1.82M | 8.3M | 1.89M | 539K | 1.45M | 995K | 523.51K | 1.53M | 1.8M | 2.1M | 526.27K | 2.59M | 2.87M | 3.27M | 3.55M |
| Total Assets | 219.22M | 217.22M | 218.35M | 216.91M | 214.92M | 207.96M | 212.29M | 214.25M | 209.63M | 202.26M | 201.56M | 200.58M | 199.34M | 197.5M | 198.02M | 199.34M | 195.65M | 193.73M | 188.23M | 189.51M |
| Asset Turnover | 0.12x | 0.12x | 0.12x | 0.13x | 0.13x | 0.12x | 0.12x | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.12x | 0.12x | 0.13x | 0.13x | 0.13x | 0.13x | 0.13x |
| Asset Growth % | 2% | 4.46% | 2.86% | 1.24% | 2.52% | 2.82% | 5.33% | 6.81% | 5.16% | 2.41% | 1.78% | 0.62% | 1.88% | 1.94% | 5.2% | 5.19% | 5.61% | 6.36% | 3.85% | 5.13% |
| Total Current Liabilities | 16.12M | 14.37M | 16.66M | 17.12M | 14.04M | 12.24M | 14.43M | 17.86M | 14.5M | 14.18M | 14.23M | 15.62M | 13.93M | 13.74M | 14.87M | 16.75M | 14.17M | 13.72M | 16.25M | 20.05M |
| Accounts Payable | 2.29M | 1.91M | 2.52M | 1.3M | 1.23M | 953K | 1.08M | 1.86M | 1.68M | 1.33M | 1.04M | 1.58M | 1.72M | 866K | 773K | 1.55M | 1.01M | 775K | 1.13M | 1.87M |
| Days Payables Outstanding | 12.41 | 12.86 | 11.27 | 7.08 | 6.5 | 6.15 | 9.06 | 10.47 | 9.81 | 7.54 | 8.65 | 11.09 | 8.51 | 5.76 | 8.49 | 9.18 | 6.42 | 6.83 | 11.03 | 13.22 |
| Short-Term Debt | 4.03M | 0 | 0 | 0 | 0 | 49K | 48K | 47K | 46K | 45K | 45K | 43.77K | 43K | 42K | 42K | 40.08K | 40K | 39K | 35K | 173.21K |
| Deferred Revenue (Current) | 4.43M | 5.13M | 5.14M | 5.22M | 5.01M | 3.83M | 622K | 4.31M | 4.03M | 4.46M | 4.65M | 4.43M | 4.47M | 4.53M | 4.74M | 4.65M | 4.26M | 4.5M | 5.21M | 5.11M |
| Other Current Liabilities | 3.62M | 1.34M | 2.24M | 1.89M | 1.52M | 2.37M | 5.66M | 1.6M | 1.61M | 1.19M | 459K | 1.03M | 1.04M | 1.88M | 1.59M | 1.24M | 1.25M | 1.64M | 1.09M | 943.24K |
| Current Ratio | 9.18x | 10.00x | 8.62x | 8.45x | 10.05x | 11.24x | 9.64x | 7.86x | 9.37x | 9.35x | 9.07x | 8.04x | 8.76x | 8.78x | 8.01x | 7.09x | 8.07x | 8.13x | 6.73x | 5.42x |
| Quick Ratio | 9.00x | 9.81x | 8.46x | 8.28x | 9.86x | 11.01x | 9.45x | 7.71x | 9.16x | 9.15x | 8.88x | 7.88x | 8.57x | 8.59x | 7.84x | 6.95x | 7.90x | 7.98x | 6.62x | 5.33x |
| Cash Conversion Cycle | 301.08 | 309.54 | 300.83 | 282.92 | 276.39 | 304.58 | 302.81 | 282.18 | 278.92 | 279.31 | 264.56 | 251.28 | 249.73 | 266.86 | 273.39 | 248.53 | 244.43 | 244.15 | 242.01 | 222.23 |
| Total Non-Current Liabilities | 38.64M | 39.99M | 40.29M | 39.68M | 40.62M | 36.76M | 39.04M | 39.6M | 38.1M | 31.79M | 33.25M | 34.13M | 34.79M | 35.68M | 36.02M | 36.36M | 37.21M | 37.56M | 32.51M | 34.09M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 7K | 40K | 66.94K | 80K | 92K | 104K | 115.08K | 126K | 137K | 148K | 155.38K | 169K | 180K | 190K | 760.25K |
| Capital Lease Obligations | 34.8M | 35.81M | 36.02M | 35.29M | 36.23M | 35.22M | 37.33M | 37.86M | 36.92M | 30.81M | 32.07M | 32.73M | 33.29M | 33.87M | 33.9M | 33.93M | 34.55M | 34.63M | 29.29M | 30.02M |
| Deferred Tax Liabilities | 321K | 321K | 321K | 321.16K | 371K | 371K | 371K | 371.56K | 395K | 395K | 395K | 394.76K | 216K | 216K | 216K | 215.73K | 238K | 238K | 238K | 238.32K |
| Other Non-Current Liabilities | 252K | 270K | 269K | 265.52K | 285K | 119K | 128K | 124.69K | 133K | 116K | 122K | 134.41K | 150K | 167K | 183K | 199.2K | 216K | 231K | 248K | 263.99K |
| Total Liabilities | 54.77M | 54.36M | 56.96M | 56.8M | 54.66M | 49.01M | 53.46M | 57.46M | 52.6M | 45.97M | 47.48M | 49.75M | 48.72M | 49.43M | 50.89M | 53.11M | 51.38M | 51.29M | 48.76M | 54.14M |
| Total Debt | 38.83M | 39.8M | 39.93M | 38.92M | 39.79M | 38.78M | 41.17M | 41.68M | 40.9M | 35.82M | 36.73M | 37.01M | 37.65M | 38.21M | 38.21M | 38.22M | 38.7M | 38.64M | 33.39M | 34.69M |
| Net Debt | -14.82M | -13.18M | -14.34M | -17.42M | -14.47M | -14.81M | -13.02M | -14.67M | -13.08M | -17.4M | -14.96M | -14.27M | -11.99M | -11.29M | -10.49M | -10.51M | -7.31M | -6.21M | -10.02M | -9.77M |
| Debt / Equity | 0.24x | 0.24x | 0.25x | 0.24x | 0.25x | 0.24x | 0.26x | 0.27x | 0.26x | 0.23x | 0.24x | 0.25x | 0.25x | 0.26x | 0.26x | 0.26x | 0.27x | 0.27x | 0.24x | 0.26x |
| Debt / EBITDA | 10.94x | 9.59x | 9.11x | 19.83x | 8.12x | 10.57x | 7.26x | 17.48x | 8.39x | 5.87x | 4.73x | 10.10x | 7.10x | 7.17x | 7.60x | 7.44x | 5.67x | 5.04x | 4.83x | 7.19x |
| Net Debt / EBITDA | -4.17x | -3.17x | -3.27x | -8.87x | -2.95x | -4.03x | -2.30x | -6.15x | -2.68x | -2.85x | -1.93x | -3.90x | -2.26x | -2.12x | -2.09x | -2.05x | -1.07x | -0.81x | -1.45x | -2.02x |
| Interest Coverage | 814.67x | 750.00x | 3194.00x | 194.05x | 523.14x | 405.83x | 575.75x | 133.38x | 416.22x | 488.50x | 136.90x | 271.63x | 277.80x | 352.67x | 279.36x | 12.28x | - | 281.87x | 337.71x | 20.05x |
| Total Equity | 164.46M | 162.86M | 161.4M | 160.1M | 160.26M | 158.95M | 158.83M | 156.79M | 157.03M | 156.3M | 154.07M | 150.83M | 150.62M | 148.07M | 147.13M | 146.24M | 144.27M | 142.44M | 139.47M | 135.37M |
| Equity Growth % | 2.62% | 2.46% | 1.62% | 2.12% | 2.06% | 1.7% | 3.09% | 3.95% | 4.26% | 5.56% | 4.72% | 3.14% | 4.4% | 3.95% | 5.49% | 8.03% | 7.03% | 8.01% | 8.92% | 7.23% |
| Book Value per Share | 26.12 | 25.44 | 25.63 | 24.44 | 25.45 | 24.72 | 24.69 | 20.89 | 24.79 | 23.43 | 23.48 | 21.14 | 22.79 | 21.90 | 22.05 | 22.05 | 21.59 | 21.32 | 20.87 | 20.65 |
| Total Shareholders' Equity | 178.57M | 177.23M | 174.87M | 172.61M | 171.88M | 169.84M | 168.69M | 165.97M | 165.76M | 163.89M | 161.3M | 157.91M | 157.18M | 154.09M | 152.22M | 150.29M | 148.05M | 145.76M | 142.31M | 138.42M |
| Common Stock | 1K | 1K | 1K | 660 | 1K | 1K | 1K | 673 | 1K | 1K | 1K | 685 | 1K | 1K | 1K | 695 | 1K | 1K | 1K | 695 |
| Retained Earnings | 672K | -969K | -3.02M | -5.29M | -6.02M | -8.53M | -10.49M | -13.62M | -14.45M | -16.33M | -20.09M | -24.19M | -25.43M | -29.29M | -31.52M | -33.57M | -35.81M | -38.1M | -42.12M | -46.01M |
| Treasury Stock | -395K | -860K | -860K | -859.89K | -860K | -395K | -1.43M | -1.02M | -395K | -395K | -1.23M | -515.82K | -1.52M | -751K | -797K | -675.39K | -675K | -675K | -675K | -675.39K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -14.11M | -14.07M | -13.48M | -12.5M | -11.62M | -10.89M | -9.86M | -9.18M | -8.73M | -7.59M | -7.23M | -7.08M | -6.56M | -6.02M | -5.08M | -4.05M | -3.77M | -3.31M | -2.83M | -3.05M |