Viva Entertainment Group (Viva Entertainment Group) Debt-to-Equity : -0.42 (As of Apr. 2022)

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What is Viva Entertainment Group Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Apr. 2022 was $-6.94 Mil. Viva Entertainment Group's debt to equity for the quarter that ended in Apr. 2022 was -0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

OTTV's Debt-to-Equity is not ranked ^*
in the Interactive Media industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Viva Entertainment Group Debt-to-Equity Historical Data

The historical data trend for Viva Entertainment Group's Debt-to-Equity 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-Equity Chart

Viva Entertainment Group Annual Data

Trend

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Debt-to-Equity

Get a 7-Day Free Trial

N/A

-0.23

-0.18

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-Equity	Get a 7-Day Free Trial															-0.20	-0.18	-0.13	N/A	-0.42

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

For the Internet Content & Information subindustry, Viva Entertainment Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity Distribution in the Interactive Media Industry

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

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

Viva Entertainment Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.931	+	0)	/	-5.111
	=	-0.18

Viva Entertainment Group's Debt to Equity Ratio for the quarter that ended in Apr. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.899	+	0)	/	-6.935
	=	-0.42

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

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Viva Entertainment Group Debt-to-Equity Related Terms

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

Viva Entertainment Group (Viva Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Viva Entertainment Group Inc (OTCPK:OTTV) » Definitions » Debt-to-Equity

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