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Maiden Lane Jewelry (Maiden Lane Jewelry) Return-on-Tangible-Asset : -16.58% (As of Nov. 2015)


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What is Maiden Lane Jewelry Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Maiden Lane Jewelry's annualized Net Income for the quarter that ended in Nov. 2015 was $-1.28 Mil. Maiden Lane Jewelry's average total tangible assets for the quarter that ended in Nov. 2015 was $7.75 Mil. Therefore, Maiden Lane Jewelry's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2015 was -16.58%.

The historical rank and industry rank for Maiden Lane Jewelry's Return-on-Tangible-Asset or its related term are showing as below:

MDNL's Return-on-Tangible-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.305
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Maiden Lane Jewelry Return-on-Tangible-Asset Historical Data

The historical data trend for Maiden Lane Jewelry's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Maiden Lane Jewelry Annual Data
Trend May13 May14 May15
Return-on-Tangible-Asset
- -10.94 -0.87

Maiden Lane Jewelry Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.29 -2.74 -1.32 -8.33 -16.58

Competitive Comparison of Maiden Lane Jewelry's Return-on-Tangible-Asset

For the Luxury Goods subindustry, Maiden Lane Jewelry's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maiden Lane Jewelry's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Maiden Lane Jewelry's Return-on-Tangible-Asset falls into.



Maiden Lane Jewelry Return-on-Tangible-Asset Calculation

Maiden Lane Jewelry's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2015 )  (A: May. 2014 )(A: May. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2015 )  (A: May. 2014 )(A: May. 2015 )
=-0.047/( (3.866+6.981)/ 2 )
=-0.047/5.4235
=-0.87 %

Maiden Lane Jewelry's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Nov. 2015 )  (Q: Aug. 2015 )(Q: Nov. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Nov. 2015 )  (Q: Aug. 2015 )(Q: Nov. 2015 )
=-1.284/( (8.004+7.488)/ 2 )
=-1.284/7.746
=-16.58 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Nov. 2015) net income data.


Maiden Lane Jewelry  (OTCPK:MDNL) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Maiden Lane Jewelry Return-on-Tangible-Asset Related Terms

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Maiden Lane Jewelry (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 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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