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Madison Technologies (Madison Technologies) Total Current Liabilities : $27.50 Mil (As of Mar. 2023)


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What is Madison Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Madison Technologies's total current liabilities for the quarter that ended in Mar. 2023 was $27.50

Madison Technologies Total Current Liabilities Historical Data

The historical data trend for Madison Technologies's Total Current Liabilities 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 Total Current Liabilities Chart

Madison Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.37 0.61 20.44 28.47

Madison Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Current Liabilities 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 7.53 9.45 10.77 28.47 27.50

Madison Technologies Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Madison Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.041+17.419
+Other Current Liabilities+Current Deferred Liabilities
=7.012+0
=28.47

Madison Technologies's Total Current Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.715+18.358
+Other Current Liabilities+Current Deferred Liabilities
=4.429+0
=27.50

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Madison Technologies Total Current Liabilities Related Terms

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Madison Technologies (Madison Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » Total Current Liabilities
Comparable Companies
TMGI LSXMA XTER:RRTL LUX:SESGL LSE:ITV NSE:ZEEL TGNA TSE:9401 BOM:532733 TSE:9404 TSE:4676 SHSE:600959 ISX:EMTK SHSE:600996 XPAR:TFI XPAR:MMT XTER:PSM SZSE:301262 SHSE:600037 MIL:MFEB
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