JOEY (Joey New York) Interest Expense: $-1.07 Mil (TTM As of May. 2017)


What is Joey New York Interest Expense?

Joey New York JOEY Interest Expense is $-1.07 Mil as of May. 2017.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Joey New York's interest expense for the three months ended in May. 2017 was $ -0.98 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2017 was $-1.07 Mil.

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. 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. Joey New York did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. 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 Expense Explanation

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. The higher, the better.

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 Expense for the three months ended in May. 2017 was $-0.98 Mil. Its Operating Income for the three months ended in May. 2017 was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2017 was $0.01 Mil.

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

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.

Joey New York Interest Expense Historical Data

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The historical data trend for Joey New York's Interest Expense 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 Interest Expense Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Interest Expense
Get a 7-Day Free Trial 0.00 0.00 -0.17 -0.17 0.00

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 Expense 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 -0.04 -0.05 -0.05 0.00 -0.98

Joey New York Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in May. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.07 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-1.07 Mil mean?
Joey New York (JOEY) has a Interest Expense of $-1.07 Mil as of May. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Joey New York and its competitors.
Is Joey New York's Interest Expense too high?
Joey New York's current Interest Expense is $-1.07 Mil.
How does Joey New York's Interest Expense compare to DEVV and SKVI?
Joey New York's Interest Expense of $-1.07 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Consumer Packaged Goods company?
A good Interest Expense depends on the Consumer Packaged Goods industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Joey New York and its competitors. Joey New York's current Interest Expense is $-1.07 Mil. 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 Expense of $-1.07 Mil. The current Interest Expense is $-1.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Joey New York (JOEY), the current Interest Expense is $-1.07 Mil 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.