Cash Ratio Analysis of Fonar Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointCash Ratio of FONR
Jun-233.28Very Good Cash Ratio | Jun-222.91Good Cash Ratio | Growth12.82% |
Cash Ratio Analysis of Fonar Corporation
| Cash Ratio of Fonar Corporation with value of 3.28 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities. |
| Cash Ratio of FONR has grown by 12.82 % Compared to previous Financial Year. |
| Cash Ratio of FONR trending up for at least three Years. |
| Cash Ratio with value of 1.97 was lowest in Year Jun-20 in last Five Years. |
| Latest Cash Ratio with value of 3.28 is Greater than Average Cash Ratio of 2.49 in last five years. |
Other Cash Ratio Related Info of FONR that may interest you.
Fonar Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FONR | 15.59 | 15.56 | 0.193 % | Medical Devices |
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents. more ..
Cash Ratio Related Ratios
| CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Cash Ratio of Fonar Corporation
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Cash Ratio | 3.28 | 2.91 | 2.22 | 1.97 | 2.06 | 1.35 | 0.712 |
| Change | 12.82 % | 31.17 % | 12.44 % | -4.03 % | 52.58 % | 89.24 % | 72.15 % |
FY Chart of Cash Ratio of Fonar Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)