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Madison Technologies (Madison Technologies) Degree of Financial Leverage : 0.00 (As of Mar. 2023)


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What is Madison Technologies Degree of Financial Leverage?

Degree of Financial Leverage (DFL) measures the percentage change in EPS for a unit change in Earnings Before Interest and Taxes (EBIT). Madison Technologies's Degree of Financial Leverage for the quarter that ended in Mar. 2023 was 0.00. The higher Degree of Financial Leverage, the more volatile earnings will be.

The industry rank for Madison Technologies's Degree of Financial Leverage or its related term are showing as below:

MDEX's Degree of Financial Leverage is not ranked *
in the Media - Diversified industry.
Industry Median: 0.99
* Ranked among companies with meaningful Degree of Financial Leverage only.

Madison Technologies Degree of Financial Leverage Historical Data

The historical data trend for Madison Technologies's Degree of Financial Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Madison Technologies Degree of Financial Leverage Chart

Madison Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Degree of Financial Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.80 - 2.13 0.12 -

Madison Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Degree of Financial Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 -0.08 -0.30 - -

Competitive Comparison of Madison Technologies's Degree of Financial Leverage

For the Broadcasting subindustry, Madison Technologies's Degree of Financial Leverage, along with its competitors' market caps and Degree of Financial Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Madison Technologies's Degree of Financial Leverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Technologies's Degree of Financial Leverage distribution charts can be found below:

* The bar in red indicates where Madison Technologies's Degree of Financial Leverage falls into.



Madison Technologies Degree of Financial Leverage Calculation

Madison Technologies's Degree of Financial Leverage for the quarter that ended in Mar. 2023 is calculated as:

Degree of Financial Leverage=% Change in Earnings per Share (Diluted)**/% Change in EBIT
=( -0.013 (Mar. 2023) / -0.176 (Mar. 2022) - 1 )/( -19.107 (Mar. 2023) / -6.105 (Mar. 2022) - 1 )
=-0.9261/2.1297
=-0.43***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EPS and EBIT was used to calculate Degree of Financial Leverage.
*** Please be aware that the Degree of Financial Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Madison Technologies  (OTCPK:MDEX) Degree of Financial Leverage Explanation

Degree of Financial Leverage (DFL) is a leverage ratio that measures the sensitivity of a company’s Earnings per Share (EPS) to fluctuations in its operating income, also referred to as Earnings Before Interest and Taxes (EBIT), resulting from adjustments in its capital structure. DFL is an essential tool for companies to assess the appropriate level of debt or financial leverage in their capital structure. When EBIT remains relatively stable, it results in stable earnings and earnings per share. In such cases, the company may consider taking on substantial debt. However, for companies operating in industries with significant fluctuations in EBIT, it is advisable to keep debt at a manageable level.

The higher Degree of Financial Leverage, the more volatile earnings will be. Because interest is a fixed expense, leverage can amplify earnings and EPS. This is beneficial when EBIT is growing, but it can become problematic in tough economic conditions when EBIT is under pressure.

Be Aware

The use of financial leverage varies across different industries and business sectors, and the application of Degree of Financial Leverage (DFL) should be adjusted accordingly.


Madison Technologies Degree of Financial Leverage Related Terms

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Madison Technologies (Madison Technologies) Business Description

Traded in Other Exchanges
N/A
Address
450 Park Avenue, 30th Floor, New York, NY, USA, 10022
Madison Technologies Inc is engaged in the Over-The-Air (OTA) content distribution platform to capitalize on the changing media and distribution landscape and on the growing OTA viewership in the U.S. The over-the-air programming carried on is expected to include entertainment, shopping, weather, sports, as well as religious networks and networks targeting select ethnic groups with content lease agreements as the prime source of revenue. It generates sales from its television stations.
Executives
Thomas James Brady director, 10 percent owner, officer: CEO, CFO, Secretary Treasurer 750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7
Frank Mcenulty director 4182 N. VIKING WAY, SUITE 216, LONG BEACH CA 90808-1475
Steven Cozine director, 10 percent owner, officer: Secy/Treas 1460 BARCLAY ST. #701, NORTH VANCOUVER A1 V6G 1J5
Joseph Gallo director, 10 percent owner, officer: President 4445 PATTERDALE DRIVE, NORTH VANCOUVER A1 V7R 4L8
Joel Haskins director, 10 percent owner, officer: Treasurer 525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7
Kevin Michael Stunder director, 10 percent owner, officer: President 525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7