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MDNL (Maiden Lane Jewelry) Effective Interest Rate on Debt % : 14.96% (As of Nov. 2015)


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What is Maiden Lane Jewelry Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Maiden Lane Jewelry's annualized positive value of Interest Expense for the quarter that ended in Nov. 2015 was $0.35 Mil. Maiden Lane Jewelry's average total debt for the quarter that ended in Nov. 2015 was $2.35 Mil. Therefore, Maiden Lane Jewelry's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2015 was 14.96%.


Maiden Lane Jewelry Effective Interest Rate on Debt % Historical Data

The historical data trend for Maiden Lane Jewelry's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Maiden Lane Jewelry Annual Data
Trend May13 May14 May15
Effective Interest Rate on Debt %
- 5.08 8.55

Maiden Lane Jewelry Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.60 13.22 10.11 6.76 14.96

Competitive Comparison of Maiden Lane Jewelry's Effective Interest Rate on Debt %

For the Luxury Goods subindustry, Maiden Lane Jewelry's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maiden Lane Jewelry's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Maiden Lane Jewelry's Effective Interest Rate on Debt % falls into.



Maiden Lane Jewelry Effective Interest Rate on Debt % Calculation

Maiden Lane Jewelry's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: May. 2014 )+Total Debt  (A: May. 2015 ))/ count )
=-1  *  -0.225/( (1.26+4.001)/ 2 )
=-1  *  -0.225/2.6305
=8.55 %

where

Total Debt  (A: May. 2014 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.074 + 1.186
=1.26

Total Debt  (A: May. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.888 + 3.113
=4.001

Maiden Lane Jewelry's annualized Effective Interest Rate on Debt % for the quarter that ended in Nov. 2015 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Aug. 2015 )+Total Debt  (Q: Nov. 2015 ))/ count )
=-1  *  -0.352/( (3.694+1.011)/ 2 )
=-1  *  -0.352/2.3525
=14.96 %

where

Total Debt  (Q: Aug. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.911 + 2.783
=3.694

Total Debt  (Q: Nov. 2015 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.674 + 0.337
=1.011

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Nov. 2015) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Maiden Lane Jewelry  (OTCPK:MDNL) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Maiden Lane Jewelry Effective Interest Rate on Debt % Related Terms

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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 produces engagement rings and other diamond jewelry to retailers across the United States. The company's feature consists of ASPIRI collection of bridal engagement rings, including 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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