OTTV (Viva Entertainment Group) Total Assets: $0.04 Mil (As of Apr. 2022)


What is Viva Entertainment Group Total Assets?

Viva Entertainment Group OTTV -99.00% Total Assets is $0.04 Mil as of Apr. 2022.

Viva Entertainment Group's Total Assets for the quarter that ended in Apr. 2022 was $0.04 Mil.

Total Assets is connected with ROA %. Viva Entertainment Group's annualized ROA % for the quarter that ended in Apr. 2022 was -1,731.71%. Total Assets is also linked to Revenue through Asset Turnover. Viva Entertainment Group's Asset Turnover for the quarter that ended in Apr. 2022 was 0.20.

Viva Entertainment Group  (OTCPK:OTTV) Total Assets Explanation

Total Assets is connected with ROA %.

Viva Entertainment Group's annualized ROA % for the quarter that ended in Apr. 2022 is

ROA %=Net Income (Q: Apr. 2022 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Apr. 2022 ))/ count )
=-0.71/( (0+0.041)/ 1 )
=-0.71/0.041
=-1,731.71 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Viva Entertainment Group's Asset Turnover for the quarter that ended in Apr. 2022 is

Asset Turnover
=Revenue (Q: Apr. 2022 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Apr. 2022 ))/ count )
=0.008/( (0+0.041)/ 1 )
=0.008/0.041
=0.20

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Viva Entertainment Group Total Assets Related Terms

Viva Entertainment Group Total Assets Historical Data

* Premium members only.

The historical data trend for Viva Entertainment Group's Total 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 Total Assets Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.02 0.00 0.06 0.06 0.05

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
Total 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 Premium Member Only Premium Member Only Premium Member Only 0.06 0.05 0.05 0.00 0.04

Viva Entertainment Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

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

Total Assets=Total Equity (A: Oct. 2018 )+Total Liabilities (A: Oct. 2018 )
=-5.111+5.159
=0.05

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

Total Assets=Total Equity (Q: Apr. 2022 )+Total Liabilities (Q: Apr. 2022 )
=-6.935+6.976
=0.04

* 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 Total Assets →
What does a Total Assets of $0.04 Mil mean?
Viva Entertainment Group (OTTV) has a Total Assets of $0.04 Mil as of Apr. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Total Assets too high?
Viva Entertainment Group's current Total Assets is $0.04 Mil.
How does Viva Entertainment Group's Total Assets compare to FPTA and CXKJ?
Viva Entertainment Group's Total Assets of $0.04 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 Total Assets for an Interactive Media company?
A good Total Assets depends on the Interactive Media industry context. However, Total 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Viva Entertainment Group and its competitors. Viva Entertainment Group's current Total Assets is $0.04 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 Total Assets of $0.04 Mil. The current Total Assets is $0.04 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Viva Entertainment Group (OTTV), the current Total Assets is $0.04 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.