FIFG (First Foods Group) Current Accrued Expense: $0.54 Mil (As of Sep. 2023)

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What is First Foods Group Current Accrued Expense?

First Foods Group FIFG -99.50% Current Accrued Expense is $0.54 Mil as of Sep. 2023.

First Foods Group's Current Accrued Expense for the quarter that ended in Sep. 2023 was $0.54 Mil.

First Foods Group's quarterly Current Accrued Expense increased from Mar. 2023 ($0.47 Mil) to Jun. 2023 ($0.50 Mil) and increased from Jun. 2023 ($0.50 Mil) to Sep. 2023 ($0.54 Mil).

First Foods Group's annual Current Accrued Expense increased from Dec. 2020 ($0.50 Mil) to Dec. 2021 ($0.85 Mil) but then declined from Dec. 2021 ($0.85 Mil) to Dec. 2022 ($0.44 Mil).

First Foods Group Current Accrued Expense Related Terms

First Foods Group Current Accrued Expense Historical Data

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The historical data trend for First Foods Group's Current Accrued Expense 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 Current Accrued Expense Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Accrued Expense
Get a 7-Day Free Trial 0.19 0.45 0.50 0.85 0.44

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
Current Accrued Expense 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 1.19 0.44 0.47 0.50 0.54

First Foods Group Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $0.54 Mil mean?
First Foods Group (FIFG) has a Current Accrued Expense of $0.54 Mil as of Sep. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on First Foods Group and its competitors.
Is First Foods Group's Current Accrued Expense too high?
First Foods Group's current Current Accrued Expense is $0.54 Mil.
How does First Foods Group's Current Accrued Expense compare to BLIS and JFIL?
First Foods Group's Current Accrued Expense of $0.54 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 Current Accrued Expense for a Business Services company?
A good Current Accrued Expense depends on the Business Services industry context. However, Current Accrued Expense 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 Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on First Foods Group and its competitors. First Foods Group's current Current Accrued Expense is $0.54 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 Current Accrued Expense of $0.54 Mil. The current Current Accrued Expense is $0.54 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For First Foods Group (FIFG), the current Current Accrued Expense is $0.54 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.