Destiny Media Technologies Inc.

OTCPK:DSNY Stock Report

Market Cap: US$8.9m

Destiny Media Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Destiny Media Technologies has a total shareholder equity of $3.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.7M and $414.4K respectively. Destiny Media Technologies's EBIT is $149.5K making its interest coverage ratio -3.2. It has cash and short-term investments of $1.6M.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ratio-3.2x
CashUS$1.57m
EquityUS$3.30m
Total liabilitiesUS$414.40k
Total assetsUS$3.71m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DSNY's short term assets ($2.3M) exceed its short term liabilities ($414.4K).

Long Term Liabilities: DSNY has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DSNY is debt free.

Reducing Debt: DSNY has not had any debt for past 5 years.

Debt Coverage: DSNY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DSNY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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