Madison Technologies Inc. (MDEX) Asset Utilization Ratio (2016 - 2022)

Madison Technologies has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.12 for Q3 2022.

• In Q3 2022, Asset Utilization Ratio fell 30.31% year-over-year to 0.12; the TTM figure through Sep 2022 stood at 0.12 (down 30.31% YoY), while the FY2020 annual figure was 0.01, down 99.36% from the prior year.
• Asset Utilization Ratio came in at 0.12 for Q3 2022 at Madison Technologies, up from 0.11 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.65 in Q4 2018 to a low of 0.0 in Q4 2020.
• Average Asset Utilization Ratio over 5 years is 0.23, with a median of 0.18 recorded in 2019.
• Year-over-year, Asset Utilization Ratio sank 99.37% in 2020 and jumped 1093.83% in 2021.
• Over 5 years, Asset Utilization Ratio stood at 0.65 in 2018, then decreased by 26.27% to 0.48 in 2019, then slumped by 99.37% to 0.0 in 2020, then surged by 5601.44% to 0.17 in 2021, then sank by 30.31% to 0.12 in 2022.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.12 in Q3 2022, 0.11 in Q2 2022, and 0.27 in Q1 2022.