MDEX
Price:
$0.0003
Market Cap:
$480.93K
Madison Technologies Inc. focuses on the development of broadcast over-the-air (OTA) video content distribution platform in the United States. Its programs would include entertainment, shopping, weather, and sports, as well as religious networks and networks targeting select ethnic groups. The company was formerly known as Madison Explorations, Inc. and changed its name to Madison Technologies Inc. in March 2015. Madison Technologies Inc. was incorporated in 1998 and is based in New York, New York.
Industry
Aerospace & Defense
IPO Date
2006-04-26
Stock Exchange
OTC
Ticker
MDEX
According to Madison Technologies Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.00 of the last 4 quarters.
The mean historical Current Ratio of Madison Technologies Inc. over the last ten years is 0.14. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), MDEX's Current Ratio was at its highest in in the March 2021 quarter at 25.57. The Current Ratio was at its lowest in in the June 2023 quarter at 0.
Average
0.14
Median
0.02
Minimum
0
Maximum
0.81
Discovering the peaks and valleys of Madison Technologies Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual Current Ratio = 0.81
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0 | 0% |
| 2023 | 0 | -100.00% |
| 2022 | 0.41 | -49.23% |
| 2021 | 0.81 | 542.41% |
| 2020 | 0.13 | 604.94% |
| 2019 | 0.02 | 20.24% |
| 2018 | 0.01 | 81.03% |
| 2017 | 0.01 | -80.88% |
| 2016 | 0.04 | 2.19% |
| 2015 | 0.00 | -86.29% |
The current Current Ratio of Madison Technologies Inc. (MDEX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.14
5-year avg
0.27
10-year avg
0.14
Madison Technologies Inc.’s Current Ratio is less than WeedHire International, Inc. (0.22), less than Options Media Group Holdings, Inc. (0.13), less than Star Jets International, Inc. (0.03), less than Global Water Technologies, Inc. (0.03), less than Plaintree Systems Inc. (1.15), less than WaterPure International, Inc. (0), less than LCTI Low Carbon Technologies International Inc. (0.50), less than PBS Holding, Inc. (0.01), less than Aerius International, Inc. (0.02), less than SurgLine International, Inc. (0.06),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.22 | $467.19K | |
| 0.13 | $219.24K | |
| 0.03 | $592.39K | |
| 0.03 | $423.61K | |
| 1.15 | $661.00K | |
| 0 | $567.41K | |
| 0.50 | $14.07K | |
| 0.01 | $45.95K | |
| 0.02 | $1.01M | |
| 0.06 | $569.01K |
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What is the 5-year average Current Ratio for Madison Technologies Inc. (MDEX)?
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