FIFG (First Foods Group) Short-Term Debt: $2.46 Mil (As of Sep. 2023)


What is First Foods Group Short-Term Debt?

First Foods Group FIFG -99.50% Short-Term Debt is $2.46 Mil as of Sep. 2023.

First Foods Group's Short-Term Debt for the quarter that ended in Sep. 2023 was $2.46 Mil.

First Foods Group's quarterly Short-Term Debt increased from Mar. 2023 ($2.32 Mil) to Jun. 2023 ($2.43 Mil) and increased from Jun. 2023 ($2.43 Mil) to Sep. 2023 ($2.46 Mil).

First Foods Group's annual Short-Term Debt increased from Dec. 2020 ($1.65 Mil) to Dec. 2021 ($1.76 Mil) and increased from Dec. 2021 ($1.76 Mil) to Dec. 2022 ($2.24 Mil).

First Foods Group Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

First Foods Group Short-Term Debt Related Terms

First Foods Group Short-Term Debt Historical Data

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The historical data trend for First Foods Group's Short-Term Debt 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 Short-Term Debt Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Short-Term Debt
Get a 7-Day Free Trial 0.37 0.79 1.65 1.76 2.24

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
Short-Term Debt 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 2.05 2.24 2.32 2.43 2.46
Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of $2.46 Mil mean?
First Foods Group (FIFG) has a Short-Term Debt of $2.46 Mil as of Sep. 2023.
Is First Foods Group's Short-Term Debt too high?
First Foods Group's current Short-Term Debt is $2.46 Mil.
How does First Foods Group's Short-Term Debt compare to BLIS and JFIL?
First Foods Group's Short-Term Debt of $2.46 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 Short-Term Debt for a Business Services company?
A good Short-Term Debt depends on the Business Services industry context. However, Short-Term Debt 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 Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. First Foods Group's current Short-Term Debt is $2.46 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 Short-Term Debt of $2.46 Mil. The current Short-Term Debt is $2.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For First Foods Group (FIFG), the current Short-Term Debt is $2.46 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.