OTTV (Viva Entertainment Group) EBIT: $-0.21 Mil (TTM As of Apr. 2022)


What is Viva Entertainment Group EBIT?

Viva Entertainment Group OTTV -99.00% EBIT is $-0.21 Mil as of Apr. 2022.

Viva Entertainment Group's earnings before interest and taxes (EBIT) for the six months ended in Apr. 2022 was $-0.21 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2022 was $-0.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viva Entertainment Group's annualized ROC % for the quarter that ended in Apr. 2022 was -8.74%. Viva Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Viva Entertainment Group  (OTCPK:OTTV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

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

ROC % (Q: Apr. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2021 ) + Invested Capital (Q: Apr. 2022 ))/ count )
=-0.426 * ( 1 - 0% )/( (0 + 4.876)/ 1 )
=-0.426/4.876
=-8.74 %

where

Invested Capital(Q: Apr. 2021 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0 - ( 0 - max(0, 0 - 0+0))
=0

Invested Capital(Q: Apr. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.041 - 2.141 - ( 0 - max(0, 6.976 - 0+0))
=4.876

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

2. Joel Greenblatt's definition of Return on Capital:

Viva Entertainment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2021  Q: Apr. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.426/( ( (0 + max(0, 0)) + (0 + max(-4.077, 0)) )/ 1 )
=-0.426/( ( 0 + 0 )/ 1 )
=-0.426/0
= %

where Working Capital is:

Working Capital(Q: Apr. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Apr. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (2.141 + 0 + 1.936)
=-4.077

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Viva Entertainment Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2022 )
=-0.213/0.000
= %

* 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 EBIT Related Terms

Viva Entertainment Group EBIT Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group's EBIT 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 EBIT Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
EBIT
Get a 7-Day Free Trial Premium Member Only -1.50 0.00 -3.43 -14.29 -4.85

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
EBIT 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 -2.77 -2.08 -3.90 -0.74 -0.21

OTTV vs FPTA, CXKJ, LIVC: EBIT Comparison

For the Internet Content & Information subindustry, Viva Entertainment Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Interactive Media Industry

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

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


Viva Entertainment Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.21 Mil.

* 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 EBIT →
What does a EBIT of $-0.21 Mil mean?
Viva Entertainment Group (OTTV) has a EBIT of $-0.21 Mil as of Apr. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Viva Entertainment Group.
Is Viva Entertainment Group's EBIT too high?
Viva Entertainment Group's current EBIT is $-0.21 Mil.
How does Viva Entertainment Group's EBIT compare to FPTA and CXKJ?
Viva Entertainment Group's EBIT of $-0.21 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Interactive Media company?
A good EBIT depends on the Interactive Media industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Viva Entertainment Group. Viva Entertainment Group's current EBIT is $-0.21 Mil. 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 EBIT of $-0.21 Mil. The current EBIT is $-0.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current EBIT is $-0.21 Mil 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.