OTTV (Viva Entertainment Group) ROCE %: 0.00% (As of Apr. 2022)


What is Viva Entertainment Group ROCE %?

Viva Entertainment Group OTTV -99.00% ROCE % is 0.00% as of Apr. 2022.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Viva Entertainment Group's annualized ROCE % for the quarter that ended in Apr. 2022 was 0.00%.

Viva Entertainment Group  (OTCPK:OTTV) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Viva Entertainment Group ROCE % Related Terms

Viva Entertainment Group ROCE % Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group's ROCE % 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 ROCE % Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
ROCE %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
ROCE % 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 0.00 0.00 0.00 0.00 0.00

Viva Entertainment Group ROCE % Calculation

Viva Entertainment Group's annualized ROCE % for the fiscal year that ended in Oct. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2018 )  (A: Oct. 2017 )(A: Oct. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2018 )  (A: Oct. 2017 )(A: Oct. 2018 )
=-4.852/( ( (0.057 - 2.958) + (0.048 - 5.159) )/ 2 )
=-4.852/( (-2.901+-5.111)/ 2 )
=-4.852/-4.006
=121.12 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2022 )  (Q: Apr. 2021 )(Q: Apr. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2022 )  (Q: Apr. 2021 )(Q: Apr. 2022 )
=-0.426/( ( (0 - 0) + (0.041 - 6.976) )/ 1 )
=-0.426/( ( 0 + -6.935 )/ 1 )
=-0.426/-6.935
=0 %

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

* 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 ROCE % →
What does a ROCE % of 0.00% mean?
Viva Entertainment Group (OTTV) has a ROCE % of 0.00% as of Apr. 2022.
Is Viva Entertainment Group's ROCE % too high?
Viva Entertainment Group's current ROCE % is 0.00%.
How does Viva Entertainment Group's ROCE % compare to FPTA and CXKJ?
Viva Entertainment Group's ROCE % of 0.00% can be compared against companies in the Interactive Media industry. The industry median ROCE % is 3.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Interactive Media company?
The median ROCE % among Interactive Media companies is 3.18, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median ROCE % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Entertainment Group's current ROCE % is 0.00%. 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 ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current ROCE % is 0.00% 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.