Destiny Media Technologies Inc - Asset Resilience Ratio

Latest as of November 2021: 0.00%

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 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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 Trend (2017–2021)

This chart shows how Destiny Media Technologies Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see DSY total asset value.

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. Explore Destiny Media Technologies Inc (DSY) long-term investment share to see how much of total assets are deployed in long-term investments.

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
Beijing Kingsoft Office Software In
SHG:688111
Software - Application 7.51%
Xero Ltd
AU:XRO
Software - Application 18.62%
Webull Corp
NASDAQ:BULL
Software - Application 4.45%
Douzone Bizon Co Ltd
KO:012510
Software - Application 3.64%
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
Software - Application 0.17%
Beijing Global Safety Technology Co Ltd
SHE:300523
Software - Application 0.01%
Shanghai Baosight Software Co Ltd B
SHG:900926
Software - Application 0.04%
Client Service International Inc
SHE:300663
Software - Application 0.49%

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% 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
#28752 Global
#1292 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