{
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  "docSlug": "2e9fbb613837048464351063cd777af9",
  "documentTitle": "Main Street Capital | Investor Day Presentation Deck | 155 slides",
  "authorId": "main-street-capital",
  "authorName": "Main Street Capital Corporation",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-06-01 00:00:00",
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  "pageNumber": 18,
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  "prevPage": 17,
  "nextPage": 19,
  "slideType": "peer_benchmark",
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  "density": "balanced",
  "nDataPoints": 5,
  "notes": "The chart highlights MAIN's lower operating expense ratio, both including and excluding non-cash compensation.",
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  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de075-2aae-76c5-b03c-c7f203c7f0b5/18",
  "deckHref": "/decks/019de075-2aae-76c5-b03c-c7f203c7f0b5",
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  "deckAnchorHref": "/decks/019de075-2aae-76c5-b03c-c7f203c7f0b5#slide-18",
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      "kind": "chart",
      "text": "Operating Expenses (1) as a Percentage of Total Assets",
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      "kind": "subtitle",
      "text": "(1) Total expenses excluding interest expense (2) Based upon the trailing twelve month period ended March 31, 2023 (3) Based upon the trailing twelve month period ended March 31, 2023, excluding non-cash compensation expense...",
      "attrs": null,
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      "kind": "title",
      "text": "MAIN Maintains a Significant Operating Cost Advantage",
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      "evidence": "The slide presents a bar chart comparing operating expenses across companies, which is a type of peer gap chart.",
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      "evidence": "Comparing MAIN's operating expenses against peer BDCs and commercial banks.",
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      "beatName": "Solution",
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      "evidence": "The presentation then outlines MAIN's LMM investment strategy and its benefits.",
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      "parentBeatName": "Turn",
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      "evidence": "The presentation uses the Golden Circle framework to explain MAIN's investment strategy and its benefits.",
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      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
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