Destiny Media Technologies

Destiny Media Technologies Interest Coverage

The Interest Coverage Ratio of Destiny Media Technologies (DSNY) as of Nov 7, 2026 is 1.88. In the previous year, Interest Coverage Ratio was 2.67 — a change of -29.37% (lower).

Interest Coverage

1.88

YoY

-29.37%

Last updated:

Interest Coverage Ratio of Destiny Media Technologies is 2023 1.88 . Interest Coverage Ratio of Destiny Media Technologies was 2022 2.67 . It decreases by -29.37% lower compared to the previous year.

The Destiny Media Technologies Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
-10.47 USD
Jan 1, 2017
27.44 USD
Jan 1, 2018
64.94 USD
Jan 1, 2019
19.37 USD
Jan 1, 2020
7.25 USD
Jan 1, 2021
12.62 USD
Jan 1, 2022
2.67 USD
Jan 1, 2023
1.88 USD
The Destiny Media Technologies Interest Coverage history
YEARInterest CoverageYoY
1.88-29.37%
2.67-78.88%
12.62+74.05%
7.25-62.58%
19.37-70.17%
64.94+136.63%
27.44-362.14%
-10.47-47.46%
-19.93+224.18%
-6.15—

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Destiny Media Technologies Stock analysis

What does Destiny Media Technologies do? Destiny Media Technologies Inc. is a company based in Vancouver, Canada that specializes in the development and marketing of digital technologies for musicians, marketers, and businesses. Founded in 1991, it has become a significant name in the world of digital music and video industry. The company's business model focuses on helping musicians and companies maximize their digital presence through software tools for digital music distribution and promotion, as well as digital distribution platforms for selling and marketing content online. Destiny Media Technologies has various divisions, including Play MPE, which allows music distribution companies and radio stations to preview new singles and albums, and Clipstream, a platform for streaming video content tailored to the needs of music and media sites. The company also emphasizes the protection of artists' and songs' copyrights through its software solutions and has developed technology called MPE+ for secure and easy uploading of digital music to websites. Overall, Destiny Media Technologies has become a significant player in the digital music and video industry, addressing the needs of musicians, marketers, and businesses with a wide range of products aimed at maximizing digital presence and sales of music and videos. Destiny Media Technologies is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Destiny Media Technologies stock

Interest Coverage Ratio of Destiny Media Technologies is 1.88 in 2023.

Interest Coverage Ratio of Destiny Media Technologies changed from 2.67 to 1.88, representing a -29.37% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Destiny Media Technologies since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Destiny Media Technologies with sector peers and the industry average to assess whether it is attractive.

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Leverage — Destiny Media Technologies

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