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
≈ $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. Check Destiny Media Technologies Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 market capitalisation and broader financial context, see how much is Destiny Media Technologies Inc worth.

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
SAP SE
F:SAP
Software - Application 0.54%
Shanghai Baosight Software Co Ltd A
SHG:600845
Software - Application 0.04%
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
Software - Application 0.17%
ZWSOFT Guangzhou Co Ltd
SHG:688083
Software - Application 54.62%
Fujian Boss Software Development Co Ltd
SHE:300525
Software - Application 4.13%
Chengdu Information Technology of Chinese Academy of Sciences Co Ltd
SHE:300678
Software - Application 7.75%
Fujian Apex Software Co Ltd
SHG:603383
Software - Application 51.05%
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
Software - Application 21.14%

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
$3.49 Million
CA$4.82 Million CAD
Market Cap Rank
#29194 Global
#1350 in Canada
Share Price
CA$0.50
Change (1 day)
+0.00%
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