OTTV (Viva Entertainment Group) Effective Interest Rate on Debt %: 9.87% (As of Apr. 2022)

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What is Viva Entertainment Group Effective Interest Rate on Debt %?

Viva Entertainment Group OTTV -99.00% Effective Interest Rate on Debt % is 9.87% as of Apr. 2022.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Viva Entertainment Group's annualized positive value of Interest Expense for the quarter that ended in Apr. 2022 was $0.29 Mil. Viva Entertainment Group's average total debt for the quarter that ended in Apr. 2022 was $2.90 Mil. Therefore, Viva Entertainment Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2022 was 9.87%.


Viva Entertainment Group  (OTCPK:OTTV) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Viva Entertainment Group Effective Interest Rate on Debt % Related Terms


Viva Entertainment Group Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 282.44 405.50 287.89

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
Effective Interest Rate on Debt % 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 126.86 436.41 180.51 39.47 9.87

OTTV vs FPTA, CXKJ, LIVC: Effective Interest Rate on Debt % Comparison

For the Internet Content & Information subindustry, Viva Entertainment Group's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Effective Interest Rate on Debt % falls into.



Viva Entertainment Group Effective Interest Rate on Debt % Calculation

Viva Entertainment Group's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2018 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2017 )+Total Debt  (A: Oct. 2018 ))/ count )
=-1  *  -2.08/( (0.514+0.931)/ 2 )
=-1  *  -2.08/0.7225
=287.89 %

where

Viva Entertainment Group's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2022 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Apr. 2021 )+Total Debt  (Q: Apr. 2022 ))/ count )
=-1  *  -0.286/( (0+2.899)/ 1 )
=-1  *  -0.286/2.899
=9.87 %

where

* 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 Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Apr. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 9.87% mean?
Viva Entertainment Group (OTTV) has a Effective Interest Rate on Debt % of 9.87% as of Apr. 2022. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Effective Interest Rate on Debt % too high?
Viva Entertainment Group's current Effective Interest Rate on Debt % is 9.87%.
How does Viva Entertainment Group's Effective Interest Rate on Debt % compare to FPTA and CXKJ?
Viva Entertainment Group's Effective Interest Rate on Debt % of 9.87% 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 Effective Interest Rate on Debt % for an Interactive Media company?
A good Effective Interest Rate on Debt % depends on the Interactive Media industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Viva Entertainment Group and its competitors. Viva Entertainment Group's current Effective Interest Rate on Debt % is 9.87%. 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 Effective Interest Rate on Debt % of 9.87%. The current Effective Interest Rate on Debt % is 9.87%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current Effective Interest Rate on Debt % is 9.87% 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.