Destiny Media Technologies Inc Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About 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