Mattmar Minerals (Mattmar Minerals) Effective Interest Rate on Debt % : 0.00% (As of May. 2012)

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What is Mattmar Minerals 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. Mattmar Minerals's annualized positive value of Interest Expense for the quarter that ended in May. 2012 was $0.00 Mil. Mattmar Minerals's average total debt for the quarter that ended in May. 2012 was $0.00 Mil. Therefore, Mattmar Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2012 was N/A%.

Mattmar Minerals Effective Interest Rate on Debt % Historical Data

The historical data trend for Mattmar Minerals'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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Mattmar Minerals Effective Interest Rate on Debt % Chart

Mattmar Minerals Annual Data

Trend

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May12

Effective Interest Rate on Debt %

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Mattmar Minerals Semi-Annual Data
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Effective Interest Rate on Debt %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Mattmar Minerals's Effective Interest Rate on Debt %

For the Other Industrial Metals & Mining subindustry, Mattmar Minerals'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.

Mattmar Minerals's Effective Interest Rate on Debt % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mattmar Minerals's Effective Interest Rate on Debt % distribution charts can be found below:

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

Mattmar Minerals Effective Interest Rate on Debt % Calculation

Mattmar Minerals's annualized Effective Interest Rate on Debt % for the fiscal year that ended in May. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: May. 2011 )	+	Total Debt (A: May. 2012 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (A: May. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (A: May. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

Mattmar Minerals's annualized Effective Interest Rate on Debt % for the quarter that ended in May. 2012 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: May. 2011 )	+	Total Debt (Q: May. 2012 ))	/ count )
=	-1 * 0	/	( (0	+	0)	/ 1 )
=	-1 * 0	/	0
=	N/A %

where

	Total Debt (Q: May. 2011 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: May. 2012 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

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 one times the annual (May. 2012) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Mattmar Minerals (OTCPK:MTMS) Effective Interest Rate on Debt % Explanation

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

Mattmar Minerals Effective Interest Rate on Debt % Related Terms

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Mattmar Minerals (Mattmar Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

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Address

Website

Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.

Executives

Arnold P Kling	director, 10 percent owner, officer: President	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw	officer: Chief Financial Officer	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc	10 percent owner	330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo	10 percent owner	C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

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