Madison Technologies (Madison Technologies) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Madison Technologies LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Madison Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 0.00.

Madison Technologies's long-term debt to total assets ratio declined from Mar. 2022 (0.92) to Mar. 2023 (0.00). It may suggest that Madison Technologies is progressively becoming less dependent on debt to grow their business.

Madison Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Madison Technologies's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Madison Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.86

Madison Technologies Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.92	0.96	0.99	-	-

Madison Technologies LT-Debt-to-Total-Asset Calculation

Madison Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	0	/	11.739
	=

Madison Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )	/	Total Assets (Q: Mar. 2023 )
	=	0	/	0.001
	=

Madison Technologies (OTCPK:MDEX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Madison Technologies LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Madison Technologies's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Madison Technologies (Madison Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Park Avenue, 30th Floor, New York, NY, USA, 10022

Website

http://www.madisontech.io

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