Maiden Lane Jewelry (Maiden Lane Jewelry) Total Current Assets : $7.40 Mil (As of Nov. 2015)

View and export this data going back to 2014. Start your Free Trial

What is Maiden Lane Jewelry Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Maiden Lane Jewelry's total current assets for the quarter that ended in Nov. 2015 was $7.40 Mil.

Maiden Lane Jewelry Total Current Assets Historical Data

The historical data trend for Maiden Lane Jewelry's Total Current 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.

* Premium members only.

Maiden Lane Jewelry Total Current Assets Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Total Current Assets

2.63

3.85

6.93

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Total Current Assets	Get a 7-Day Free Trial								6.50	6.33	6.93	7.93	7.40

Maiden Lane Jewelry Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.042	+	3.991	+	2.589	+	0.31
	=	6.93

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

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	5.034	+	2.003	+	0.357
	=	7.40

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Maiden Lane Jewelry (OTCPK:MDNL) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Maiden Lane Jewelry's Liquidation Value for the quarter that ended in Nov. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	7.081	+	0.75 * 5.034	+	0.5 * 2.003
=	-2.30

Maiden Lane Jewelry Total Current Assets Related Terms

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

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 Current 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

No Headlines