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.

Liquid Assets

CA$0.00
Cash + Short-term Investments

Total Assets

CA$3.81 Million
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. 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 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
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 0.00%
Montnets Cloud Technology Group Co Ltd
SHE:002123
Software - Application 0.01%
Beijing Shiji Information Technology Co Ltd
SHE:002153
Software - Application 10.39%
Shanghai 2345 Network Holding Group
SHE:002195
Software - Application 55.85%
Iflytek Co Ltd
SHE:002230
Software - Application -4.18%

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 CA$3.87 Million --
2020-08-31 20.51% CA$781.49K CA$3.81 Million +10.06pp
2019-08-31 10.46% CA$380.06K CA$3.64 Million -28.43pp
2018-08-31 38.89% CA$1.15 Million CA$2.96 Million +38.86pp
2017-08-31 0.03% CA$592.00 CA$2.24 Million --
pp = percentage points

About Destiny Media Technologies Inc

V:DSY Canada Software - Application
Market Cap
$5.93 Million
CA$8.19 Million CAD
Market Cap Rank
#31749 Global
#1308 in Canada
Share Price
CA$0.85
Change (1 day)
+14.86%
52-Week Range
CA$0.31 - 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