Growth Metrics

Madison Technologies (MDEX) Asset Utilization Ratio (2016 - 2023)

Madison Technologies (MDEX) has disclosed Asset Utilization Ratio for 8 consecutive years, with 0.12 as the latest value for Q1 2023.

  • For Q1 2023, Asset Utilization Ratio fell 55.34% year-over-year to 0.12; the TTM value through Mar 2023 reached 0.12, down 55.34%, while the annual FY2022 figure was 0.25, 441725.19% down from the prior year.
  • Asset Utilization Ratio was 0.12 for Q1 2023 at Madison Technologies, down from 0.17 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.48 in Q4 2019, with the low at 0.0 in Q4 2020.
  • Historically, Asset Utilization Ratio has averaged 0.21 across 5 years, with a median of 0.18 in 2020.
  • The largest annual shift saw Asset Utilization Ratio crashed 99.37% in 2020 before it surged 11799.32% in 2021.
  • Over 5 years, Asset Utilization Ratio stood at 0.48 in 2019, then crashed by 99.37% to 0.0 in 2020, then surged by 11799.32% to 0.36 in 2021, then crashed by 53.23% to 0.17 in 2022, then dropped by 29.33% to 0.12 in 2023.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 0.12 in Q1 2023, 0.17 in Q4 2022, and 0.29 in Q3 2022.