Charles & Colvard Ltd
Company Overview
Charles & Colvard Ltd is a company that manufactures, markets, and distributes moissanite jewels and finished jewelry featuring moissanite for sale in the worldwide jewelry market. Moissanite, also known as silicon carbide, is a rare mineral first discovered in a meteor crater. The company creates laboratory-created moissanite gems and jewelry using innovative and sustainable practices.
The company sells its products through various channels including online marketplaces, its own e-commerce website, and traditional retail partners. Their business model focuses on providing an ethical and sustainable alternative to mined diamonds.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2024 | $5.26m | $8.97m | - | $9103.0 | 0.00% | 0.10% |
| Dec. 31, 2023 | $7.91m | $10.85m | - | $5571.0 | 0.00% | 0.05% |
| Sept. 30, 2023 | $4.95m | $7.58m | - | - | 0.00% | 0.00% |
Company Impact
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