A company’s debt, liabilities and risk are very important factors in understanding the company. Having an understanding of a company’s debt and liabilities is key component in understanding the risk of a company, thus helping aid in a decision to invest, not to invest or to stay invested in a company. There are many metrics involved in understanding the debt of a company, but for this article, I will look at Joy Global’s (JOY) total debt, total liabilities, debt ratios
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In spite of global economic risk, Joy Global’s (JOY) expansion into emerging markets, will to help create a strong fiscal year 2012.
For the first quarter ending January 27th 2012 , Joy Global reported a net sales $1.136 billion. This was an 30.7% increase over Q1 a year ago, when Joy Global reported worldwide net sales $896.5 million. This increase was due to the original equipment sales in both the underground and surface mining segments being especially strong. Sales in
Continue reading Joy Global: Future In Emerging Market Growth