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Viva Entertainment Group (Viva Entertainment Group) Interest Coverage : 0 (At Loss) (As of Apr. 2022)


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What is Viva Entertainment Group Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Viva Entertainment Group's Operating Income for the six months ended in Apr. 2022 was $-0.21 Mil. Viva Entertainment Group's Interest Expense for the six months ended in Apr. 2022 was $-0.14 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Viva Entertainment Group's Interest Coverage or its related term are showing as below:


OTTV's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 37.1
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Viva Entertainment Group Interest Coverage Historical Data

The historical data trend for Viva Entertainment Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Viva Entertainment Group Interest Coverage Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Interest Coverage
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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
Interest Coverage 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 - - - - -

Competitive Comparison of Viva Entertainment Group's Interest Coverage

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

For the Interactive Media industry and Communication Services sector, Viva Entertainment Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Viva Entertainment Group's Interest Coverage falls into.



Viva Entertainment Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Viva Entertainment Group's Interest Coverage for the fiscal year that ended in Oct. 2018 is calculated as

Here, for the fiscal year that ended in Oct. 2018, Viva Entertainment Group's Interest Expense was $-2.08 Mil. Its Operating Income was $-3.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Viva Entertainment Group did not have earnings to cover the interest expense.

Viva Entertainment Group's Interest Coverage for the quarter that ended in Apr. 2022 is calculated as

Here, for the six months ended in Apr. 2022, Viva Entertainment Group's Interest Expense was $-0.14 Mil. Its Operating Income was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Viva Entertainment Group did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Viva Entertainment Group  (OTCPK:OTTV) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Viva Entertainment Group Interest Coverage Related Terms

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


Viva Entertainment Group (Viva Entertainment Group) Business Description

Traded in Other Exchanges
N/A
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.
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