FIFG (First Foods Group) Equity-to-Asset: -110.61 (As of Sep. 2023)

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What is First Foods Group Equity-to-Asset?

First Foods Group FIFG -99.50% Equity-to-Asset is -110.61 as of Sep. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Foods Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-5.42 Mil. First Foods Group's Total Assets for the quarter that ended in Sep. 2023 was $0.05 Mil. Therefore, First Foods Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -110.61.

The historical rank and industry rank for First Foods Group's Equity-to-Asset or its related term are showing as below:

FIFG's Equity-to-Asset is not ranked ^*
in the Business Services industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

First Foods Group (OTCPK:FIFG) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

First Foods Group Equity-to-Asset Related Terms

First Foods Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for First Foods Group's Equity-to-Asset 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 Equity-to-Asset Chart

First Foods Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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-0.79

-1.16

-2.85

-6.34

-89.33

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
Equity-to-Asset	Get a 7-Day Free Trial															-17.35	-89.33	-92.31	-93.59	-110.61

FIFG vs BLIS, JFIL, FRTG: Equity-to-Asset Comparison

For the Specialty Business Services subindustry, First Foods Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Foods Group Equity-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, First Foods Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Foods Group's Equity-to-Asset falls into.

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First Foods Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First Foods Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-4.824	/	0.054
	=	-89.33

First Foods Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-5.42	/	0.049
	=	-110.61

Frequently Asked Questions Learn more about Equity-to-Asset →

What does a Equity-to-Asset of -110.61 mean?

First Foods Group (FIFG) has a Equity-to-Asset of -110.61 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Foods Group and its competitors.

Is First Foods Group's Equity-to-Asset too high?

First Foods Group's current Equity-to-Asset is -110.61.

How does First Foods Group's Equity-to-Asset compare to BLIS and JFIL?

First Foods Group's Equity-to-Asset of -110.61 can be compared against companies in the Business Services industry. The industry median Equity-to-Asset is 0.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Equity-to-Asset for a Business Services company?

The median Equity-to-Asset among Business Services companies is 0.52, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset 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 Equity-to-Asset mean?

A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Foods Group and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Foods Group's current Equity-to-Asset is -110.61. 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 Equity-to-Asset of -110.61. The current Equity-to-Asset is -110.61. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Equity-to-Asset calculated?

Equity-to-Asset is calculated from a company's financial statements. For First Foods Group (FIFG), the current Equity-to-Asset is -110.61 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

Industry Industrials Business Services

Comparable Companies BLIS JFIL FRTG SMX ELVG ADMQ GPOX LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA DLB LSE:ITRK TSE:7911

Address c/o Incorp Services, Inc, 3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 89169-6014

Website https://www.firstfoodsgroup.com

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.