Destiny Media Technologies Inc
Destiny Media Technologies Inc. develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. The company offers Play MPE, an online platform that distributes music for promotional purposes, including broadcast quality audio, video, images, promotional information, metadata, and other digital content from record labels and a… Read more
Destiny Media Technologies Inc - Asset Resilience Ratio
Destiny Media Technologies Inc (DSNY) has an Asset Resilience Ratio of 0.00% as of November 2021. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2021)
This chart shows how Destiny Media Technologies Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Destiny Media Technologies Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Destiny Media Technologies Inc maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Destiny Media Technologies Inc Industry Peers by Asset Resilience Ratio
Compare Destiny Media Technologies Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD |
Software - Application | 5.22% |
|
TurnKey Capital Inc
PINK:TKCI |
Software - Application | 0.00% |
|
Digital China Information Service Co Ltd
SHE:000555 |
Software - Application | 0.66% |
|
Fujian Newland Computer Co Ltd
SHE:000997 |
Software - Application | 5.03% |
|
YGSOFT Inc
SHE:002063 |
Software - Application | 2.96% |
|
Dhc Software Co Ltd
SHE:002065 |
Software - Application | -0.80% |
|
Zhejiang Netsun Co Ltd
SHE:002095 |
Software - Application | -0.27% |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123 |
Software - Application | 0.01% |
Annual Asset Resilience Ratio for Destiny Media Technologies Inc (2017–2021)
The table below shows the annual Asset Resilience Ratio data for Destiny Media Technologies Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-08-31 | 0.00% | $0.00 | $3.87 Million | -- |
| 2020-08-31 | 20.51% | $781.49K | $3.81 Million | +10.06pp |
| 2019-08-31 | 10.46% | $380.06K | $3.64 Million | -28.43pp |
| 2018-08-31 | 38.89% | $1.15 Million | $2.96 Million | +38.86pp |
| 2017-08-31 | 0.03% | $592.00 | $2.24 Million | -- |