MMMW (Mass Megawatts Wind Power) Effective Interest Rate on Debt %: 231.33% (As of Jan. 2024)


MMMW Mass Megawatts Wind Power Inc MMMW
32 GF Score
Price $0.08
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What is Mass Megawatts Wind Power Effective Interest Rate on Debt %?

Mass Megawatts Wind Power MMMW 32 Effective Interest Rate on Debt % is 231.33% as of Jan. 2024. GuruFocus rates MMMW with a GF Score™ of 32/100.

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. Mass Megawatts Wind Power's annualized positive value of Interest Expense for the quarter that ended in Jan. 2024 was $0.19 Mil. Mass Megawatts Wind Power's average total debt for the quarter that ended in Jan. 2024 was $0.08 Mil. Therefore, Mass Megawatts Wind Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 was 231.33%.


Mass Megawatts Wind Power  (OTCPK:MMMW) Effective Interest Rate on Debt % Explanation

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


Mass Megawatts Wind Power Effective Interest Rate on Debt % Related Terms


Mass Megawatts Wind Power Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Mass Megawatts Wind Power'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.

Mass Megawatts Wind Power Effective Interest Rate on Debt % Chart

Mass Megawatts Wind Power Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr21 Apr22 Apr23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mass Megawatts Wind Power Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 400.00 394.94 231.33

MMMW vs ALCE, ETRXF, GEV: Effective Interest Rate on Debt % Comparison

For the Utilities - Renewable subindustry, Mass Megawatts Wind Power'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.


Mass Megawatts Wind Power Effective Interest Rate on Debt % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Mass Megawatts Wind Power's Effective Interest Rate on Debt % falls into.


MMMW
32GF Score
Mass Megawatts Wind Power Inc MMMW
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mass Megawatts Wind Power Effective Interest Rate on Debt % Calculation

Mass Megawatts Wind Power's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Apr. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Apr. 2022 )+Total Debt  (A: Apr. 2023 ))/ count )
=-1  *  0/( (0+0)/ 1 )
=-1  *  0/0
=N/A %

where

Mass Megawatts Wind Power's annualized Effective Interest Rate on Debt % for the quarter that ended in Jan. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2023 )+Total Debt  (Q: Jan. 2024 ))/ count )
=-1  *  -0.192/( (0.059+0.107)/ 2 )
=-1  *  -0.192/0.083
=231.33 %

where

* 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 (Jan. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 231.33% mean?
Mass Megawatts Wind Power (MMMW) has a Effective Interest Rate on Debt % of 231.33% as of Jan. 2024. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mass Megawatts Wind Power and its competitors.
Is Mass Megawatts Wind Power's Effective Interest Rate on Debt % too high?
Mass Megawatts Wind Power's current Effective Interest Rate on Debt % is 231.33%. Overall, Mass Megawatts Wind Power has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Mass Megawatts Wind Power's Effective Interest Rate on Debt % compare to ALCE and ETRXF?
Mass Megawatts Wind Power's Effective Interest Rate on Debt % of 231.33% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Utilities - Independent Power Producers company?
A good Effective Interest Rate on Debt % depends on the Utilities - Independent Power Producers industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Mass Megawatts Wind Power and its competitors. Mass Megawatts Wind Power's current Effective Interest Rate on Debt % is 231.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mass Megawatts Wind Power stock overvalued right now?
Mass Megawatts Wind Power (MMMW) has a current Effective Interest Rate on Debt % of 231.33%. The current Effective Interest Rate on Debt % is 231.33%. Mass Megawatts Wind Power's overall GF Score™ is 32/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Mass Megawatts Wind Power (MMMW), the current Effective Interest Rate on Debt % is 231.33% as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mass Megawatts Wind Power Business Description

Address 119 Boston Turnpike, No. 290, Shrewsbury, MA, USA, 01545
Mass Megawatts Wind Power Inc is engaged in the development of renewable power technology. It develops solar trackers and wind energy equipment for low-cost clean energy generation. The company's patent pending, Mass Megawatts Solar Tracking System (STS) is a complete solar power system that is designed to continually adjust the position of solar panels to receive the optimal level of direct sunlight throughout the day. In addition, it also seeks to build and operate wind-energy-generated power plants utilizing proprietary MultiAxis Turbine technology.
32GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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