JOEY (Joey New York) Total Assets: $0.24 Mil (As of May. 2017)


What is Joey New York Total Assets?

Joey New York JOEY Total Assets is $0.24 Mil as of May. 2017.

Joey New York's Total Assets for the quarter that ended in May. 2017 was $0.24 Mil.

Total Assets is connected with ROA %. Joey New York's annualized ROA % for the quarter that ended in May. 2017 was -1,879.87%. Total Assets is also linked to Revenue through Asset Turnover. Joey New York's Asset Turnover for the quarter that ended in May. 2017 was 0.45.

Joey New York  (OTCPK:JOEY) Total Assets Explanation

Total Assets is connected with ROA %.

Joey New York's annualized ROA % for the quarter that ended in May. 2017 is

ROA %=Net Income (Q: May. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: May. 2017 ))/ count )
=-5.884/( (0.386+0.24)/ 2 )
=-5.884/0.313
=-1,879.87 %

Note: The Net Income data used here is four times the quarterly (May. 2017) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Joey New York's Asset Turnover for the quarter that ended in May. 2017 is

Asset Turnover
=Revenue (Q: May. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: May. 2017 ))/ count )
=0.142/( (0.386+0.24)/ 2 )
=0.142/0.313
=0.45

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Joey New York Total Assets Related Terms

Joey New York Total Assets Historical Data

* Premium members only.

The historical data trend for Joey New York's Total Assets 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 Total Assets Chart

Joey New York Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Total Assets
Get a 7-Day Free Trial 0.02 0.00 0.04 0.06 0.39

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
Total Assets 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 0.09 0.19 0.37 0.39 0.24

Joey New York Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Feb. 2017 )+Total Liabilities (A: Feb. 2017 )
=-4.588+4.974
=0.39

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

Total Assets=Total Equity (Q: May. 2017 )+Total Liabilities (Q: May. 2017 )
=-5.975+6.215
=0.24

* 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 Total Assets →
What does a Total Assets of $0.24 Mil mean?
Joey New York (JOEY) has a Total Assets of $0.24 Mil as of May. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Joey New York and its competitors.
Is Joey New York's Total Assets too high?
Joey New York's current Total Assets is $0.24 Mil.
How does Joey New York's Total Assets compare to DEVV and SKVI?
Joey New York's Total Assets of $0.24 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 Total Assets for a Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Joey New York and its competitors. Joey New York's current Total Assets is $0.24 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 Total Assets of $0.24 Mil. The current Total Assets is $0.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Joey New York (JOEY), the current Total Assets is $0.24 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.