Debt to Equity Ratio Analysis of Fonar Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Jun-23
Very Poor Debt to Equity
-0.087
Period Ending - Jun-22
Excellent Debt to Equity
0.0285
Growth
-404.21 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0240
Debt to Equity Analysis of Fonar Corporation
| Debt to Equity Ratio of FONR drastically fell by -404.21 % this year. |
| Debt to Equity Ratio with value of 0.0350 was highest in Year Jun-20 in last Five Years. |
| Debt to Equity Ratio of FONR trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of -0.087 is lower than Average Debt to Equity of 0.0026 in last five years. |
Other Debt to Equity Related Info of FONR that may interest you.
Fonar Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FONR | 15.05 | 15.0 | 0.333 % | Medical Devices |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Debt to Equity Ratio of Fonar Corporation
| Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | -0.087 | 0.0285 | 0.0337 | 0.0350 | 0.0027 | 0.0035 | 0.0067 |
| Change | -404.21 % | -15.48 % | -3.65 % | 1194.60 % | -22.50 % | -47.71 % | -92.24 % |
FY Chart of Debt to Equity Ratio of Fonar Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)