FIFG (First Foods Group) Total Stockholders Equity: $-5.42 Mil (As of Sep. 2023)


What is First Foods Group Total Stockholders Equity?

First Foods Group FIFG -99.50% Total Stockholders Equity is $-5.42 Mil as of Sep. 2023.

First Foods Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-5.42 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. First Foods Group's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.20. The ratio of a company's debt over equity can be used to measure how leveraged this company is. First Foods Group's Debt-to-Equity for the quarter that ended in Sep. 2023 was -0.49.

First Foods Group  (OTCPK:FIFG) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

First Foods Group's Book Value per Share for the quarter that ended in Sep. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-5.42-0.001)/27.058
=-0.20

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

First Foods Group's Debt-to-Equity for the quarter that ended in Sep. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.507 + 0.15) / -5.42
=-0.49

* 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 Total Stockholders Equity Related Terms

First Foods Group Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for First Foods Group's Total Stockholders Equity 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 Total Stockholders Equity Chart

First Foods Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Stockholders Equity
Get a 7-Day Free Trial -0.54 -1.16 -2.42 -3.25 -4.82

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
Total Stockholders Equity 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 -4.41 -4.82 -5.08 -5.24 -5.42
What does a Total Stockholders Equity of $-5.42 Mil mean?
First Foods Group (FIFG) has a Total Stockholders Equity of $-5.42 Mil as of Sep. 2023. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for First Foods Group and its competitors.
Is First Foods Group's Total Stockholders Equity too high?
First Foods Group's current Total Stockholders Equity is $-5.42 Mil.
How does First Foods Group's Total Stockholders Equity compare to BLIS and JFIL?
First Foods Group's Total Stockholders Equity of $-5.42 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 Total Stockholders Equity for a Business Services company?
A good Total Stockholders Equity depends on the Business Services industry context. However, Total Stockholders Equity 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 Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for First Foods Group and its competitors. First Foods Group's current Total Stockholders Equity is $-5.42 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 Total Stockholders Equity of $-5.42 Mil. The current Total Stockholders Equity is $-5.42 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For First Foods Group (FIFG), the current Total Stockholders Equity is $-5.42 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.