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MainStreetChamber Holdings (MainStreetChamber Holdings) ROE % : -114.29% (As of Dec. 2022)


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What is MainStreetChamber Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MainStreetChamber Holdings's annualized net income for the quarter that ended in Dec. 2022 was $-0.11 Mil. MainStreetChamber Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was $0.09 Mil. Therefore, MainStreetChamber Holdings's annualized ROE % for the quarter that ended in Dec. 2022 was -114.29%.

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

MSCH's ROE % is not ranked *
in the Oil & Gas industry.
Industry Median: 6.69
* Ranked among companies with meaningful ROE % only.

MainStreetChamber Holdings ROE % Historical Data

The historical data trend for MainStreetChamber Holdings's ROE % 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.

MainStreetChamber Holdings ROE % Chart

MainStreetChamber Holdings Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 300.00 - -162.50

MainStreetChamber Holdings Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
ROE % 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 - - - -387.50 -114.29

Competitive Comparison of MainStreetChamber Holdings's ROE %

For the Oil & Gas E&P subindustry, MainStreetChamber Holdings's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where MainStreetChamber Holdings's ROE % falls into.



MainStreetChamber Holdings ROE % Calculation

MainStreetChamber Holdings's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-0.065/( (-0.04+0.12)/ 2 )
=-0.065/0.04
=-162.50 %

MainStreetChamber Holdings's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Sep. 2022 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=-0.108/( (0.069+0.12)/ 2 )
=-0.108/0.0945
=-114.29 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.


MainStreetChamber Holdings  (OTCPK:MSCH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-0.108/0.0945
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.108 / 0.068)*(0.068 / 0.1775)*(0.1775 / 0.0945)
=Net Margin %*Asset Turnover*Equity Multiplier
=-158.82 %*0.3831*1.8783
=ROA %*Equity Multiplier
=-60.84 %*1.8783
=-114.29 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=-0.108/0.0945
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.108 / -0.108) * (-0.108 / -0.108) * (-0.108 / 0.068) * (0.068 / 0.1775) * (0.1775 / 0.0945)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * -158.82 % * 0.3831 * 1.8783
=-114.29 %

Note: The net income data used here is four times the quarterly (Dec. 2022) net income data. The Revenue data used here is four times the quarterly (Dec. 2022) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


MainStreetChamber Holdings ROE % Related Terms

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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