PURY (PureRay) Total Equity: $-0.17 Mil (As of Jan. 2009)


What is PureRay Total Equity?

PureRay PURY -95.00% Total Equity is $-0.17 Mil as of Jan. 2009.

PureRay's total equity for the quarter that ended in Jan. 2009 was $-0.17 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

PureRay Total Equity Historical Data

* Premium members only.

The historical data trend for PureRay's Total Equity 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.

PureRay Total Equity Chart

PureRay Annual Data
Trend Apr01 Apr02 Apr03 Apr04 Apr05 Apr06 Apr07 Apr08
Total Equity
Get a 7-Day Free Trial 0.04 0.01 -0.01 -0.04 -0.06

PureRay Quarterly Data
Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09
Total Equity 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 -0.06 -0.06 1.07 0.36 -0.17

PureRay Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

PureRay's Total Equity for the fiscal year that ended in Apr. 2008 is calculated as

Total Equity=Total Assets(Q: Apr. 2008 )-Total Liabilities(Q: Apr. 2008 )
=0.109-0.174
=-0.07

PureRay's Total Equity for the quarter that ended in Jan. 2009 is calculated as

Total Equity=Total Assets(Q: Jan. 2009 )-Total Liabilities(Q: Jan. 2009 )
=0.369-0.534
=-0.17

* 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 Equity →
What does a Total Equity of $-0.17 Mil mean?
PureRay (PURY) has a Total Equity of $-0.17 Mil as of Jan. 2009. The total amount of equity as record on a company's balance sheet. View historical data for PureRay and its competitors.
Is PureRay's Total Equity too high?
PureRay's current Total Equity is $-0.17 Mil.
How does PureRay's Total Equity compare to GNAL and WAYS?
PureRay's Total Equity of $-0.17 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for an Industrial Products company?
A good Total Equity depends on the Industrial Products industry context. However, Total Equity 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 Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for PureRay and its competitors. PureRay's current Total Equity is $-0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PureRay stock overvalued right now?
PureRay (PURY) has a current Total Equity of $-0.17 Mil. The current Total Equity is $-0.17 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For PureRay (PURY), the current Total Equity is $-0.17 Mil as of Jan. 2009. 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.

PureRay Business Description

Address 3490 Piedmont Road, Suite 1120, Atlanta, GA, USA, 30305
PureRay Corp designs, manufactures and distributes solar charging and lighting systems. It has developed a patent-pending, self-contained and solar-powered LED lighting system with a charging station and rechargeable bulbs.