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

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What is Viva Entertainment Group Total Assets?

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 Total Assets Historical Data

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.

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Viva Entertainment Group Total Assets Chart

Viva Entertainment Group Annual Data

Trend

Oct10

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Total Assets

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0.02

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															0.06	0.05	0.05	-	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

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

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

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Viva Entertainment Group (Viva Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Viva Entertainment Group Inc (OTCPK:OTTV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

143-41 84th Drive, Briarwood, NY, USA, 11435

Website

https://www.vivalivetv.com

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