Destiny Media Technologies Inc Asset Resilience Ratio

Latest as of November 2021: 0.00%

Destiny Media Technologies Inc asset resilience ratio. Destiny Media Technologies Inc (DSY) 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. See DSY defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CA$0.00
≈ $0.00 USD Cash + Short-term Investments

Total Assets

CA$3.81 Million
≈ $2.76 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Destiny Media Technologies Inc (2017–2021)

Asset resilience ratio of Destiny Media Technologies Inc from 2017 to 2021. This chart shows how Destiny Media Technologies Inc's Asset Resilience Ratio has changed over time. Read Destiny Media Technologies Inc balance sheet liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Destiny Media Technologies Inc asset portfolio.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CA$0.00 0%
Short-term Investments CA$0.00 0%
Total Liquid Assets CA$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
TaTaTu SpA
PA:ALTTU
Software - Application 1.52%
Wealthfront Corporation Common Stock
NASDAQ:WLTH
Software - Application 45.82%
IReader Technology Co Ltd
SHG:603533
Software - Application 16.95%
Nanjing Doron Technology Corp
SHG:603528
Software - Application 32.76%
Chrysos Corporation Ltd
AU:C79
Software - Application 7.54%
Socar Inc.
KO:403550
Software - Application 1.30%
Envirosuite Ltd
AU:EVS
Software - Application 0.66%
Quick Heal Technologies Limited
NSE:QUICKHEAL
Software - Application 37.51%

Destiny Media Technologies Inc Asset Resilience Ratio by Year (2017–2021)

Destiny Media Technologies Inc asset resilience ratio by year from 2017 to 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% CA$0.00
≈ $0.00
CA$3.87 Million
≈ $2.80 Million
--
2020-08-31 20.51% CA$781.49K
≈ $565.32K
CA$3.81 Million
≈ $2.76 Million
+10.06pp
2019-08-31 10.46% CA$380.06K
≈ $274.93K
CA$3.64 Million
≈ $2.63 Million
-28.43pp
2018-08-31 38.89% CA$1.15 Million
≈ $833.30K
CA$2.96 Million
≈ $2.14 Million
+38.86pp
2017-08-31 0.03% CA$592.00
≈ $428.24
CA$2.24 Million
≈ $1.62 Million
--
pp = percentage points

About Destiny Media Technologies Inc

V:DSY Canada Software - Application
Market Cap
$6.13 Million
CA$8.48 Million CAD
Market Cap Rank
#28607 Global
#1256 in Canada
Share Price
CA$0.88
Change (1 day)
+0.00%
52-Week Range
CA$0.42 - CA$1.25
All Time High
CA$2.90
About

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