Maiden Lane Jewelry (Maiden Lane Jewelry) Total Assets : $7.50 Mil (As of Nov. 2015)

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What is Maiden Lane Jewelry Total Assets?

Maiden Lane Jewelry's Total Assets for the quarter that ended in Nov. 2015 was $7.50 Mil.

Total Assets is connected with ROA %. Maiden Lane Jewelry's annualized ROA % for the quarter that ended in Nov. 2015 was -16.56%. Total Assets is also linked to Revenue through Asset Turnover. Maiden Lane Jewelry's Asset Turnover for the quarter that ended in Nov. 2015 was 0.25.

Maiden Lane Jewelry Total Assets Historical Data

The historical data trend for Maiden Lane Jewelry's Total Assets 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 Total Assets Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Total Assets

2.64

3.87

6.98

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Total Assets	Get a 7-Day Free Trial								6.51	6.35	6.98	8.00	7.50

Maiden Lane Jewelry Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Maiden Lane Jewelry's Total Assets for the fiscal year that ended in May. 2015 is calculated as

Total Assets	=	Total Equity (A: May. 2015 )	+	Total Liabilities (A: May. 2015 )
	=	0.891	+	6.09
	=	6.98

Maiden Lane Jewelry's Total Assets for the quarter that ended in Nov. 2015 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2015 )	+	Total Liabilities (Q: Nov. 2015 )
	=	0.42	+	7.081
	=	7.50

Maiden Lane Jewelry (OTCPK:MDNL) Total Assets Explanation

Total Assets is connected with ROA %.

Maiden Lane Jewelry's annualized ROA % for the quarter that ended in Nov. 2015 is

ROA %	=	Net Income (Q: Nov. 2015 )	/	( (Total Assets (Q: Aug. 2015 )	+	Total Assets (Q: Nov. 2015 ))	/ count )
	=	-1.284	/	( (8.004	+	7.501)	/ 2 )
	=	-1.284	/	7.7525
	=	-16.56 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Maiden Lane Jewelry's Asset Turnover for the quarter that ended in Nov. 2015 is

	Asset Turnover
=	Revenue (Q: Nov. 2015 )	/	( (Total Assets (Q: Aug. 2015 )	+	Total Assets (Q: Nov. 2015 ))	/ count )
=	1.947	/	( (8.004	+	7.501)	/ 2 )
=	1.947	/	7.7525
=	0.25

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Maiden Lane Jewelry Total Assets 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 » Total Assets

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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