OTTV (Viva Entertainment Group) Liabilities-to-Assets : 145.76 (As of Apr. 2019)

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What is Viva Entertainment Group Liabilities-to-Assets?

Viva Entertainment Group OTTV -99.00% Liabilities-to-Assets is 145.76 as of Apr. 2019.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Viva Entertainment Group's Total Liabilities for the quarter that ended in Apr. 2019 was $7.79 Mil. Viva Entertainment Group's Total Assets for the quarter that ended in Apr. 2019 was $0.05 Mil. Therefore, Viva Entertainment Group's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2019 was 145.76.


Viva Entertainment Group  (OTCPK:OTTV) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Viva Entertainment Group Liabilities-to-Assets Related Terms


Viva Entertainment Group Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 1.78 2,223.82 3.54 51.71 107.68

Viva Entertainment Group Quarterly Data
Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19
Liabilities-to-Assets 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 39.58 51.71 57.59 107.68 145.76

OTTV vs FPTA, CXKJ, LIVC: Liabilities-to-Assets Comparison

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

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

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



Viva Entertainment Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Viva Entertainment Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2018 is calculated as:

Liabilities-to-Assets (A: Oct. 2018 )=Total Liabilities/Total Assets
=5.159334/0.047912
=107.68

Viva Entertainment Group's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2019 is calculated as

Liabilities-to-Assets (Q: Apr. 2019 )=Total Liabilities/Total Assets
=7.788615/0.053433
=145.76

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 145.76 mean?
Viva Entertainment Group (OTTV) has a Liabilities-to-Assets of 145.76 as of Apr. 2019. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Liabilities-to-Assets too high?
Viva Entertainment Group's current Liabilities-to-Assets is 145.76.
How does Viva Entertainment Group's Liabilities-to-Assets compare to FPTA and CXKJ?
Viva Entertainment Group's Liabilities-to-Assets of 145.76 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 Liabilities-to-Assets for an Interactive Media company?
A good Liabilities-to-Assets depends on the Interactive Media industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Viva Entertainment Group and its competitors. Viva Entertainment Group's current Liabilities-to-Assets is 145.76. 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 Liabilities-to-Assets of 145.76. The current Liabilities-to-Assets is 145.76. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current Liabilities-to-Assets is 145.76 as of Apr. 2019. 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.