Madison Technologies (MDEX) Interest Coverage Ratio (2017 - 2024)
Madison Technologies (MDEX) has disclosed Interest Coverage Ratio for 8 consecutive years, with 0.11 as the latest value for Q4 2024.
- For Q4 2024, Interest Coverage Ratio fell 101.85% year-over-year to 0.11; the TTM value through Dec 2024 reached 0.38, up 82.62%, while the annual FY2025 figure was 0.2, 57.84% down from the prior year.
- Interest Coverage Ratio was 0.11 for Q4 2024 at Madison Technologies, down from 0.04 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 55.32 in Q4 2020, with the low at 32.43 in Q3 2020.
- Historically, Interest Coverage Ratio has averaged 0.8 across 5 years, with a median of 0.26 in 2021.
- The largest annual shift saw Interest Coverage Ratio skyrocketed 754.36% in 2020 before it crashed 632355.23% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 55.32 in 2020, then plummeted by 98.35% to 0.91 in 2021, then soared by 131.44% to 2.11 in 2022, then surged by 176.13% to 5.83 in 2023, then plummeted by 101.85% to 0.11 in 2024.
- Per Business Quant database, its latest 3 readings for Interest Coverage Ratio were 0.11 in Q4 2024, 0.04 in Q3 2024, and 1.13 in Q2 2024.