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MainStreetChamber Holdings (MainStreetChamber Holdings) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2022)


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What is MainStreetChamber Holdings Effective Interest Rate on Debt %?

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. MainStreetChamber Holdings's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0.00 Mil. MainStreetChamber Holdings's average total debt for the quarter that ended in Dec. 2022 was $0.04 Mil. Therefore, MainStreetChamber Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.00%.


MainStreetChamber Holdings Effective Interest Rate on Debt % Historical Data

The historical data trend for MainStreetChamber Holdings'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.

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MainStreetChamber Holdings Effective Interest Rate on Debt % Chart

MainStreetChamber Holdings Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Dec19 Dec20 Dec21 Dec22
Effective Interest Rate on Debt %
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MainStreetChamber Holdings Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of MainStreetChamber Holdings's Effective Interest Rate on Debt %

For the Oil & Gas E&P subindustry, MainStreetChamber Holdings'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.


MainStreetChamber Holdings's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MainStreetChamber Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where MainStreetChamber Holdings's Effective Interest Rate on Debt % falls into.



MainStreetChamber Holdings Effective Interest Rate on Debt % Calculation

MainStreetChamber Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2021 )+Total Debt  (A: Dec. 2022 ))/ count )
=-1  *  0/( (0+0.053)/ 1 )
=-1  *  0/0.053
=0.00 %

where

MainStreetChamber Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2022 )+Total Debt  (Q: Dec. 2022 ))/ count )
=-1  *  0/( (0.03+0.053)/ 2 )
=-1  *  0/0.0415
=0.00 %

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 (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


MainStreetChamber Holdings  (OTCPK:MSCH) Effective Interest Rate on Debt % Explanation

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


MainStreetChamber Holdings Effective Interest Rate on Debt % Related Terms

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MainStreetChamber Holdings (MainStreetChamber Holdings) Business Description

Industry
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

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