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Maiden Lane Jewelry (Maiden Lane Jewelry) Debt-to-EBITDA : -1.01 (As of Nov. 2015)


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What is Maiden Lane Jewelry Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Maiden Lane Jewelry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2015 was $0.34 Mil. Maiden Lane Jewelry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2015 was $0.67 Mil. Maiden Lane Jewelry's annualized EBITDA for the quarter that ended in Nov. 2015 was $-1.00 Mil. Maiden Lane Jewelry's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2015 was -1.01.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

MDNL's Debt-to-EBITDA is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.67
* Ranked among companies with meaningful Debt-to-EBITDA only.

Maiden Lane Jewelry Debt-to-EBITDA Historical Data

The historical data trend for Maiden Lane Jewelry's Debt-to-EBITDA 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.

* Premium members only.

Maiden Lane Jewelry Debt-to-EBITDA Chart

Maiden Lane Jewelry Annual Data
Trend May13 May14 May15
Debt-to-EBITDA
N/A -3.51 19.91

Maiden Lane Jewelry Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 6.54 41.68 -8.80 -1.01

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

For the Luxury Goods subindustry, Maiden Lane Jewelry's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

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

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



Maiden Lane Jewelry Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.113 + 0.888) / 0.201
=19.91

Maiden Lane Jewelry's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.337 + 0.674) / -1
=-1.01

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Nov. 2015) EBITDA data.


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

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Maiden Lane Jewelry Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Maiden Lane Jewelry's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Traded in Other Exchanges
N/A
Address
64 West 48th Street, Suite 1107, New York, NY, USA, 10036
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

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