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Viva Entertainment Group (Viva Entertainment Group) Debt-to-EBITDA : -6.94 (As of Apr. 2022)


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What is Viva Entertainment Group Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viva Entertainment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $2.90 Mil. Viva Entertainment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.00 Mil. Viva Entertainment Group's annualized EBITDA for the quarter that ended in Apr. 2022 was $-0.42 Mil. Viva Entertainment Group's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 was -6.94.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Viva Entertainment Group's Debt-to-EBITDA or its related term are showing as below:

OTTV's Debt-to-EBITDA is not ranked *
in the Interactive Media industry.
Industry Median: 0.805
* Ranked among companies with meaningful Debt-to-EBITDA only.

Viva Entertainment Group Debt-to-EBITDA Historical Data

The historical data trend for Viva Entertainment Group's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Viva Entertainment Group Debt-to-EBITDA Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - N/A -0.14 -0.04 -0.19

Viva Entertainment Group Semi-Annual Data
Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Apr21 Apr22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.22 -0.13 - -6.94

Competitive Comparison of Viva Entertainment Group's Debt-to-EBITDA

For the Internet Content & Information subindustry, Viva Entertainment Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Viva Entertainment Group's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Debt-to-EBITDA falls into.



Viva Entertainment Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Viva Entertainment Group's Debt-to-EBITDA for the fiscal year that ended in Oct. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.931 + 0) / -4.845
=-0.19

Viva Entertainment Group's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.899 + 0) / -0.418
=-6.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Apr. 2022) EBITDA data.


Viva Entertainment Group  (OTCPK:OTTV) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Viva Entertainment Group Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Viva Entertainment Group's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Viva Entertainment Group (Viva Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
143-41 84th Drive, Briarwood, NY, USA, 11435
Viva Entertainment Group Inc is an entertainment and technology company that connects content owners and video distributors to deliver content on any smart device with a screen. The company engages in developing and marketing it's over the top (IPTV/OTT) application for connected TV's, desktop computers, tablets, and smartphones. It provides access to the content anywhere, anytime, and with a wifi connection customers can watch Live TV from around the world, TV shows, premium channels, as well as movies on demand, Tele-video conferences and many other interactive features.
Executives
Johnny Falcones director, 10 percent owner, officer: President & CEO 73 BUCK ROAD, SUITE 2, HUNTINGDON VALLEY NY 19006
Alexander Stanbury director, officer: President 424 CHURCH STREET, SUITE 2000, NASHVILLE TN 37219

Viva Entertainment Group (Viva Entertainment Group) Headlines