Steven Vestergaard - Destiny Media Chairman of the Board and Presidentident, CEO

DSNY Stock  USD 1.04  0.06  5.45%   

Chairman

Mr. Steven E. Vestergaard is Director of the company. He is no longer President and Chief Executive Officer of the Company. Mr. Vestergaard responsibilities include strategic planning and coordinating strategic planning, marketing and product development. Mr. Vestergaard obtained a B.Sc. from the University of British Columbia in 1989. He founded Tronic Software in 1981 and Destiny Software in 1991, both as video game development companies. In 1995, the Company changed its focus to Internet technologies, going public in 1999 with streaming video and media security technology. since 2017.
Age 48
Tenure 7 years
Phone604 609 7736
Webhttps://www.dsny.com

Destiny Media Management Efficiency

The company has return on total asset (ROA) of 0.0367 % which means that it generated a profit of $0.0367 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0739 %, meaning that it created $0.0739 on every $100 dollars invested by stockholders. Destiny Media's management efficiency ratios could be used to measure how well Destiny Media manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 226.98 K in liabilities with Debt to Equity (D/E) ratio of 0.07, which may suggest the company is not taking enough advantage from borrowing. Destiny Media Techno has a current ratio of 6.36, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Destiny Media until it has trouble settling it off, either with new capital or with free cash flow. So, Destiny Media's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Destiny Media Techno sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Destiny to invest in growth at high rates of return. When we think about Destiny Media's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

Dumsia NtsebezaBarloworld Ltd ADR
66
Destiny Media Technologies Inc., through its subsidiary, Destiny Software Productions Inc., develops technologies that enable the distribution of digital media files in a streaming or digital download format over the Internet. Destiny Media Technologies Inc. was founded in 1991 and is headquartered in Vancouver, Canada. Destiny Media operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 34 people. Destiny Media Technologies [DSNY] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Destiny Media Techno Leadership Team

Elected by the shareholders, the Destiny Media's board of directors comprises two types of representatives: Destiny Media inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Destiny. The board's role is to monitor Destiny Media's management team and ensure that shareholders' interests are well served. Destiny Media's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Destiny Media's outside directors are responsible for providing unbiased perspectives on the board's policies.
Allan Benedict, Director Marketing
BCom BComm, President, CEO
Yoshitaro Kumagai, Director and Member of Audit Committee
Sandra Boenisch, CFO, Treasurer
Steven Vestergaard, Chairman of the Board and Presidentident, CEO
Haig Bagerdjian, Director
Hyonmyong Cho, Chairman of the Board
Frederick Vandenberg, CFO, Treasurer, Corporate Secretary
Jay Graber, Director
CPA BSc, CFO Treasurer
Kevin Leidwinger, President and COO of the Commercial Lines
Rebecca Collins, Operations Mang

Destiny Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Destiny Media a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Destiny Media

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destiny Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destiny Media will appreciate offsetting losses from the drop in the long position's value.

Moving against Destiny OTC Stock

  0.45MCD McDonalds Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Destiny Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destiny Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destiny Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destiny Media Technologies to buy it.
The correlation of Destiny Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destiny Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destiny Media Techno moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destiny Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destiny Media Technologies. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Destiny OTC Stock analysis

When running Destiny Media's price analysis, check to measure Destiny Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destiny Media is operating at the current time. Most of Destiny Media's value examination focuses on studying past and present price action to predict the probability of Destiny Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Media's price. Additionally, you may evaluate how the addition of Destiny Media to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Please note, there is a significant difference between Destiny Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destiny Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destiny Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.