Viva Entertainment Group (Viva Entertainment Group) ROCE % : 0.00% (As of Apr. 2022)

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What is Viva Entertainment Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Viva Entertainment Group's annualized ROCE % for the quarter that ended in Apr. 2022 was 0.00%.

Viva Entertainment Group ROCE % Historical Data

The historical data trend for Viva Entertainment Group's ROCE % 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.

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Viva Entertainment Group ROCE % Chart

Viva Entertainment Group Annual Data

Trend

Oct10

Oct11

Oct12

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Oct16

Oct17

Oct18

ROCE %

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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
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Viva Entertainment Group ROCE % Calculation

Viva Entertainment Group's annualized ROCE % for the fiscal year that ended in Oct. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2018 )		(A: Oct. 2017 )		(A: Oct. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2018 )		(A: Oct. 2017 )		(A: Oct. 2018 )
	=	-4.852	/	( ( (0.057 - 2.958)	+	(0.048 - 5.159) )	/ 2 )
	=	-4.852	/	( (-2.901	+	-5.111)	/ 2 )
	=	-4.852	/	-4.006
	=	121.12 %

Viva Entertainment Group's ROCE % of for the quarter that ended in Apr. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2022 )		(Q: Apr. 2021 )		(Q: Apr. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2022 )		(Q: Apr. 2021 )		(Q: Apr. 2022 )
	=	-0.426	/	( ( (0 - 0)	+	(0.041 - 6.976) )	/ 1 )
	=	-0.426	/	( ( 0	+	-6.935 )	/ 1 )
	=	-0.426	/	-6.935
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Apr. 2022) EBIT data.

Viva Entertainment Group (OTCPK:OTTV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Viva Entertainment Group ROCE % Related Terms

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Viva Entertainment Group (Viva Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Viva Entertainment Group Inc (OTCPK:OTTV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

143-41 84th Drive, Briarwood, NY, USA, 11435

Website

https://www.vivalivetv.com

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