Maiden Lane Jewelry (Maiden Lane Jewelry) Cash-to-Debt : 0.01 (As of Nov. 2015)

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What is Maiden Lane Jewelry Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Maiden Lane Jewelry's cash to debt ratio for the quarter that ended in Nov. 2015 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Maiden Lane Jewelry couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2015.

The historical rank and industry rank for Maiden Lane Jewelry's Cash-to-Debt or its related term are showing as below:

MDNL's Cash-to-Debt is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 0.46
* Ranked among companies with meaningful Cash-to-Debt only.

Maiden Lane Jewelry Cash-to-Debt Historical Data

The historical data trend for Maiden Lane Jewelry's Cash-to-Debt 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: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Maiden Lane Jewelry Cash-to-Debt Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Cash-to-Debt

No Debt

0.01

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Cash-to-Debt	Get a 7-Day Free Trial								-	0.01	0.01	-	0.01

Competitive Comparison of Maiden Lane Jewelry's Cash-to-Debt

For the Luxury Goods subindustry, Maiden Lane Jewelry's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Maiden Lane Jewelry's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maiden Lane Jewelry's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Maiden Lane Jewelry's Cash-to-Debt falls into.

Maiden Lane Jewelry Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Maiden Lane Jewelry's Cash to Debt Ratio for the fiscal year that ended in May. 2015 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.042	/	(3.113	+	0.888)
	=	0.01

Maiden Lane Jewelry's Cash to Debt Ratio for the quarter that ended in Nov. 2015 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.007	/	(0.337	+	0.674)
	=	0.01

Maiden Lane Jewelry (OTCPK:MDNL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Maiden Lane Jewelry Cash-to-Debt Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maiden Lane Jewelry Ltd (OTCPK:MDNL) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

64 West 48th Street, Suite 1107, New York, NY, USA, 10036

Website

http://www.myromantique.com

Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.

Executives

Michael I Wirth

officer: CEO

1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

Maiden Lane Jewelry (Maiden Lane Jewelry) Headlines

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