Madison Technologies (MDEX) Asset Utilization Ratio (2016 - 2022)
Madison Technologies' (MDEX) quarterly Asset Utilization Ratio came in at 0.12 in Q3 2022, down 30.31% year-on-year from 0.17 in Q3 2021, and up 12.47% quarter-over-quarter from 0.11 in Q2 2022.
Madison Technologies (MDEX) Asset Utilization Ratio (2016 - 2022) Analysis & Trends
Madison Technologies has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.12 for Q3 2022.
- Asset Utilization Ratio for Q3 2022 came in at 0.12, down 30.31% year-over-year; the trailing twelve-month figure through Sep 2022 was 0.12 (down 30.31% YoY), and the FY2020 annual result 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.
- The 5-year median for Asset Utilization Ratio is 0.18 (2019), against an average of 0.23.
- Across the five-year window, Asset Utilization Ratio slumped 99.37% in 2020 and soared 1093.83% in 2021, its largest moves.
- Madison Technologies' Asset Utilization Ratio stood at 0.65 in 2018, then decreased by 26.27% to 0.48 in 2019, then plunged by 99.37% to 0.0 in 2020, then surged by 5601.44% to 0.17 in 2021, then tumbled by 30.31% to 0.12 in 2022.
- The last three Asset Utilization Ratio figures came in at 0.12 (Q3 2022), 0.11 (Q2 2022), and 0.27 (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexstar Media | 5.44 Bn | 5.04 Bn | -505.00 Mn | 0.26 |
| 2 | FuboTV | 3.41 Bn | 5.34 Bn | 348.72 Mn | 0.85 |
| 3 | Newsmax | 996.58 Mn | 956.14 Mn | 21.36 Mn | 0.60 |
| 4 | iHeartMedia | 598.23 Mn | 466.54 Mn | 509.13 Mn | 0.79 |
| 5 | Gray Media | 394.79 Mn | 135.79 Mn | 213.00 Mn | 0.30 |
| 6 | E.W. Scripps | 304.31 Mn | 220.58 Mn | 206.07 Mn | 0.43 |
| 7 | CuriosityStream | 163.77 Mn | 154.55 Mn | 11.62 Mn | 0.95 |
| 8 | Mediaco Holding | 58.80 Mn | 58.80 Mn | -3.44 Mn | 0.48 |
| 9 | Saga Communications | 54.09 Mn | 23.65 Mn | 17.72 Mn | 0.53 |
| 10 | Madison Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.27 |
| Sep 30, 2021 | 0.17 |
| Jun 30, 2021 | 0.16 |
| Mar 31, 2021 | 0.31 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | 0.01 |
| Jun 30, 2020 | 0.18 |
| Mar 31, 2020 | 0.38 |
| Dec 31, 2019 | 0.48 |
| Sep 30, 2019 | 0.16 |
| Jun 30, 2019 | 0.09 |
| Mar 31, 2019 | 0.18 |
| Dec 31, 2018 | 0.65 |
| Sep 30, 2018 | 0.35 |
| Jun 30, 2018 | 0.21 |
| Mar 31, 2018 | 0.27 |
| Dec 31, 2017 | 0.27 |
| Sep 30, 2017 | 0.19 |