JOEY (Joey New York) Equity-to-Asset: -24.90 (As of May. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Joey New York Equity-to-Asset?

Joey New York JOEY Equity-to-Asset is -24.90 as of May. 2017.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Joey New York's Total Stockholders Equity for the quarter that ended in May. 2017 was $-5.98 Mil. Joey New York's Total Assets for the quarter that ended in May. 2017 was $0.24 Mil. Therefore, Joey New York's Equity to Asset Ratio for the quarter that ended in May. 2017 was -24.90.

The historical rank and industry rank for Joey New York's Equity-to-Asset or its related term are showing as below:

JOEY's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Joey New York  (OTCPK:JOEY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Joey New York Equity-to-Asset Related Terms


Joey New York Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Joey New York's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Joey New York Equity-to-Asset Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Equity-to-Asset
Get a 7-Day Free Trial 0.39 0.00 -95.68 -75.26 -11.60

Joey New York Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -44.56 -22.22 -11.70 -11.60 -24.90

JOEY vs DEVV, SKVI, TISUQ: Equity-to-Asset Comparison

For the Household & Personal Products subindustry, Joey New York's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Joey New York Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Joey New York's Equity-to-Asset falls into.



Joey New York Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Joey New York's Equity to Asset Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Equity to Asset (A: Feb. 2017 )=Total Stockholders Equity/Total Assets
=-4.479/0.386
=-11.60

Joey New York's Equity to Asset Ratio for the quarter that ended in May. 2017 is calculated as

Equity to Asset (Q: May. 2017 )=Total Stockholders Equity/Total Assets
=-5.975/0.24
=-24.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -24.90 mean?
Joey New York (JOEY) has a Equity-to-Asset of -24.90 as of May. 2017. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Joey New York and its competitors.
Is Joey New York's Equity-to-Asset too high?
Joey New York's current Equity-to-Asset is -24.90.
How does Joey New York's Equity-to-Asset compare to DEVV and SKVI?
Joey New York's Equity-to-Asset of -24.90 can be compared against companies in the Consumer Packaged Goods industry. The industry median Equity-to-Asset is 0.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 1,993 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Joey New York and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joey New York's current Equity-to-Asset is -24.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joey New York stock overvalued right now?
Joey New York (JOEY) has a current Equity-to-Asset of -24.90. The current Equity-to-Asset is -24.90. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Joey New York (JOEY), the current Equity-to-Asset is -24.90 as of May. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Joey New York Business Description

Address 16001 Collins Avenue Number 3202, Trump Tower I, Sunny Isles Beach, FL, USA, 33160
Joey New York Inc through its wholly-owned subsidiary distributes natural skincare and beauty products on wholesale and retail levels. It offers skincare treatments and beauty enhancements that are health conscious, effective and affordable under the Joey New York brand name. Geographically, it operates through the United States and its business is amplifying internationally due to the Increasing demand for organic and natural cosmetic products.