JOEY (Joey New York) Interest Coverage: 0 (At Loss) (As of May. 2017)


What is Joey New York Interest Coverage?

Joey New York JOEY Interest Coverage is 0 (At Loss) as of May. 2017.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Joey New York's Operating Income for the three months ended in May. 2017 was $-0.49 Mil. Joey New York's Interest Expense for the three months ended in May. 2017 was $-0.98 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Joey New York's Interest Coverage or its related term are showing as below:


JOEY's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.63
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Joey New York  (OTCPK:JOEY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Joey New York Interest Coverage Related Terms

Joey New York Interest Coverage Historical Data

* Premium members only.

The historical data trend for Joey New York's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Joey New York Interest Coverage Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt 0.00 0.00 N/A

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
Interest Coverage 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 0.00 0.00 0.00 N/A 0.00

JOEY vs DEVV, SKVI, TISUQ: Interest Coverage Comparison

For the Household & Personal Products subindustry, Joey New York's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Joey New York's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Joey New York's Interest Coverage falls into.


Joey New York Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Joey New York's Interest Coverage for the fiscal year that ended in Feb. 2017 is calculated as

Here, for the fiscal year that ended in Feb. 2017, Joey New York's Interest Expense was $0.00 Mil. Its Operating Income was $-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.14 Mil.

GuruFocus does not calculate Joey New York's interest coverage with the available data.

Joey New York's Interest Coverage for the quarter that ended in May. 2017 is calculated as

Here, for the three months ended in May. 2017, Joey New York's Interest Expense was $-0.98 Mil. Its Operating Income was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.01 Mil.

Joey New York did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Joey New York (JOEY) has a Interest Coverage of 0 (At Loss) as of May. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Joey New York and its competitors.
Is Joey New York's Interest Coverage too high?
Joey New York's current Interest Coverage is 0 (At Loss).
How does Joey New York's Interest Coverage compare to DEVV and SKVI?
Joey New York's Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.63, based on 1,511 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Joey New York and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joey New York's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Joey New York (JOEY), the current Interest Coverage is 0 (At Loss) 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.