Maiden Lane Jewelry (Maiden Lane Jewelry) ROCE % : -74.21% (As of Nov. 2015)

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What is Maiden Lane Jewelry ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Maiden Lane Jewelry's annualized ROCE % for the quarter that ended in Nov. 2015 was -74.21%.

Maiden Lane Jewelry ROCE % Historical Data

The historical data trend for Maiden Lane Jewelry's ROCE % 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 ROCE % Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

ROCE %

-46.71

15.79

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
ROCE %	Get a 7-Day Free Trial								68.12	25.42	5.80	-24.69	-74.21

Maiden Lane Jewelry ROCE % Calculation

Maiden Lane Jewelry's annualized ROCE % for the fiscal year that ended in May. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	0.196	/	( ( (3.866 - 3.164)	+	(6.981 - 5.201) )	/ 2 )
	=	0.196	/	( (0.702	+	1.78)	/ 2 )
	=	0.196	/	1.241
	=	15.79 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2015 )		(Q: Aug. 2015 )		(Q: Nov. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2015 )		(Q: Aug. 2015 )		(Q: Nov. 2015 )
	=	-1.02	/	( ( (8.004 - 6.349)	+	(7.501 - 6.407) )	/ 2 )
	=	-1.02	/	( ( 1.655	+	1.094 )	/ 2 )
	=	-1.02	/	1.3745
	=	-74.21 %

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

Maiden Lane Jewelry (OTCPK:MDNL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Maiden Lane Jewelry ROCE % 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 » ROCE %

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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