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MainStreetChamber Holdings (MainStreetChamber Holdings) Interest Coverage : N/A (As of Dec. 2022)


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What is MainStreetChamber Holdings Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. MainStreetChamber Holdings's Operating Income for the three months ended in Dec. 2022 was $-0.03 Mil. MainStreetChamber Holdings's Interest Expense for the three months ended in Dec. 2022 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MainStreetChamber Holdings's Interest Coverage or its related term are showing as below:


MSCH's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.56
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


MainStreetChamber Holdings Interest Coverage Historical Data

The historical data trend for MainStreetChamber Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

MainStreetChamber Holdings Interest Coverage Chart

MainStreetChamber Holdings Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - No Debt No Debt No Debt N/A

MainStreetChamber Holdings Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt N/A N/A

Competitive Comparison of MainStreetChamber Holdings's Interest Coverage

For the Oil & Gas E&P subindustry, MainStreetChamber Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


MainStreetChamber Holdings's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MainStreetChamber Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MainStreetChamber Holdings's Interest Coverage falls into.



MainStreetChamber Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MainStreetChamber Holdings's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, MainStreetChamber Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.05 Mil.

GuruFocus does not calculate MainStreetChamber Holdings's interest coverage with the available data.

MainStreetChamber Holdings's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the three months ended in Dec. 2022, MainStreetChamber Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.05 Mil.

GuruFocus does not calculate MainStreetChamber Holdings's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


MainStreetChamber Holdings  (OTCPK:MSCH) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


MainStreetChamber Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of MainStreetChamber Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


MainStreetChamber Holdings (MainStreetChamber Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3753 Howard Hughes Parkway, Suite 200-1220, Las Vegas, NV, USA, 89169
MainStreetChamber Holdings Inc formerly Walker Lane Exploration Inc is involved in the business activity of acquiring other business entities for the purpose of helping them grow in their respective market and operations. The clients of the company include Aloha Laundry Life, Final Mile Technologies, Kathy Ireland Kids and others.
Executives
Huntley Barr Andrews 10 percent owner, other: CEO of Subsidiary 975A ELGIN ST. WEST, SUITE 413, COBOURG A6 K9A 5J3
Ted Riley Sharp director, officer: CFO 714 WHISPERWOOD COURT, NAMPA ID 83686
Eric Stevenson 10 percent owner, officer: VP Business Development 4098 QUINN DRIVE, CARSON CITY NV 89701
Steven Kendall Jones director, 10 percent owner, officer: President 14674 GOLD RUN DRIVE, RENO NV 89521
Keith Adrian Simon director, officer: Secretary-Treasurer 963 CHIP CREEK COURT, MINDEN NV 89423
Thomas Mancuso director 1421 SANDIA COURT, RENO NV 89523
Trevor A Moss director 3645 CROWN HILL DRIVE, SANTA ROSA CA 95404
Sje Mining Llc 10 percent owner, other: 70% owner 205 RED WING DRIVE, DAYTON NV 89403
Barbara Jean Erdmann officer: Corporate Secretary 23537 WINDOM ST, WEST HILLS CA 91304
Leon Caldwell director, officer: President/CFO 12021 WILSHIRE BLVD 535, LOS ANGELES CA 90025

MainStreetChamber Holdings (MainStreetChamber Holdings) Headlines