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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Viva Entertainment Group Debt-to-Equity?

Viva Entertainment Group OTTV -99.00% Debt-to-Equity is -0.42 as of Apr. 2022.

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: 0.145
* Ranked among companies with meaningful Debt-to-Equity only.

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

Viva Entertainment Group Debt-to-Equity Historical Data

* Premium members only.

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.

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 Premium Member Only 0.00 N/A -0.23 -0.18 -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 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 -0.20 -0.18 -0.13 N/A -0.42

OTTV vs FPTA, CXKJ, LIVC: Debt-to-Equity Comparison

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 Debt-to-Equity vs 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

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.42 mean?
Viva Entertainment Group (OTTV) has a Debt-to-Equity of -0.42 as of Apr. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Debt-to-Equity too high?
Viva Entertainment Group's current Debt-to-Equity is -0.42.
How does Viva Entertainment Group's Debt-to-Equity compare to FPTA and CXKJ?
Viva Entertainment Group's Debt-to-Equity of -0.42 can be compared against companies in the Interactive Media industry. The industry median Debt-to-Equity is 0.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.15, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Viva Entertainment Group and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Entertainment Group's current Debt-to-Equity is -0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Entertainment Group stock overvalued right now?
Viva Entertainment Group (OTTV) has a current Debt-to-Equity of -0.42. The current Debt-to-Equity is -0.42. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current Debt-to-Equity is -0.42 as of Apr. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Viva Entertainment Group Business Description

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.