FIFG (First Foods Group) Asset Impairment Charge: $0.00 Mil (TTM As of Sep. 2023)

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What is First Foods Group Asset Impairment Charge?

First Foods Group FIFG -99.50% Asset Impairment Charge is $0.00 Mil as of Sep. 2023.

First Foods Group's Asset Impairment Charge for the three months ended in Sep. 2023 was $0.00 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil.

First Foods Group Asset Impairment Charge Related Terms

First Foods Group Asset Impairment Charge Historical Data

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The historical data trend for First Foods Group's Asset Impairment Charge 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.

First Foods Group Asset Impairment Charge Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Impairment Charge
Get a 7-Day Free Trial 0.00 0.00 0.14 0.05 0.25

First Foods Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Impairment Charge 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

First Foods Group Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

What does a Asset Impairment Charge of $0.00 Mil mean?
First Foods Group (FIFG) has a Asset Impairment Charge of $0.00 Mil as of Sep. 2023.
Is First Foods Group's Asset Impairment Charge too high?
First Foods Group's current Asset Impairment Charge is $0.00 Mil.
How does First Foods Group's Asset Impairment Charge compare to BLIS and JFIL?
First Foods Group's Asset Impairment Charge of $0.00 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Impairment Charge for a Business Services company?
A good Asset Impairment Charge depends on the Business Services industry context. However, Asset Impairment Charge 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 Asset Impairment Charge mean?
A high Asset Impairment Charge can signal that a stock is expensive relative to its fundamentals. First Foods Group's current Asset Impairment Charge is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Foods Group stock overvalued right now?
First Foods Group (FIFG) has a current Asset Impairment Charge of $0.00 Mil. The current Asset Impairment Charge is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Impairment Charge calculated?
Asset Impairment Charge is calculated from a company's financial statements. For First Foods Group (FIFG), the current Asset Impairment Charge is $0.00 Mil as of Sep. 2023. 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.

First Foods Group Business Description

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014
First Foods Group Inc is a smaller reporting company focused on developing specialty chocolate product line and related IP through its Holy Cacao subsidiary. In addition, it is also involved in merchant cash advance participations. Key revenue is derived from merchant cash advance income. It is also involved in new health-related brands, concepts and products through FFGI Wholesaling Division and participating in merchant cash advances through First Foods Funding Division. The Company conducts business as two operating segments, First Foods and Holy Cacao.