Maiden Lane Jewelry (Maiden Lane Jewelry) EBIT : $-0.26 Mil (TTM As of Nov. 2015)

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What is Maiden Lane Jewelry EBIT?

Maiden Lane Jewelry's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2015 was $-0.26 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2015 was $-0.26 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maiden Lane Jewelry's annualized ROC % for the quarter that ended in Nov. 2015 was -29.30%. Maiden Lane Jewelry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2015 was -34.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maiden Lane Jewelry's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2015 was -4.52%.

Maiden Lane Jewelry EBIT Historical Data

The historical data trend for Maiden Lane Jewelry's EBIT 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.

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Maiden Lane Jewelry EBIT Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

EBIT

-0.36

0.20

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
EBIT	Get a 7-Day Free Trial								0.19	0.08	0.02	-0.11	-0.26

Competitive Comparison of Maiden Lane Jewelry's EBIT

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

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

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

Maiden Lane Jewelry EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Nov. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.26 Mil.

Maiden Lane Jewelry (OTCPK:MDNL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Maiden Lane Jewelry's annualized ROC % for the quarter that ended in Nov. 2015 is calculated as:

	ROC % (Q: Nov. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Aug. 2015 )	+	Invested Capital (Q: Nov. 2015 ))	/ count )
=	-0.92 * ( 1 - 6.71% )	/	( (4.434	+	1.424)	/ 2 )
=	-0.858268	/	2.929
=	-29.30 %

where

	Invested Capital		(Q: Aug. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	8.004	-	3.566	-	( 0.004	-	max(0, 6.349	-	7.934	+	0.004	))
=	4.434

	Invested Capital		(Q: Nov. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	7.501	-	6.07	-	( 0.007	-	max(0, 6.407	-	7.401	+	0.007	))
=	1.424

Note: The Operating Income data used here is four times the quarterly (Nov. 2015) data.

2. Joel Greenblatt's definition of Return on Capital:

Maiden Lane Jewelry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2015 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Nov. 2015 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Aug. 2015		Q: Nov. 2015
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.02	/	( ( (0.068 + max(4.364, 0))	+	(0.084 + max(1.324, 0)) )	/	2 )
=	-1.02	/	( ( 4.432	+	1.408 )	/	2 )
=	-1.02	/	2.92
=	-34.93 %

where Working Capital is:

	Working Capital		(Q: Aug. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(4.55	+	3.055	+	0.325)	-	(3.566	+	0	+	0)
=	4.364

	Working Capital		(Q: Nov. 2015 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5.034	+	2.003	+	0.357)	-	(6.07	+	0	+	0)
=	1.324

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2015) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Maiden Lane Jewelry's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Nov. 2015 )
	=	-0.261	/	5.770
	=	-4.52 %

Maiden Lane Jewelry EBIT 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 » EBIT

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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