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MGP Ingredients MGPI Increase Decrease In Accrued Income Taxes Payable

Increase Decrease In Accrued Income Taxes Payable at other companies

ATN International logo
ATN InternationalATNI
$4.73M+802%
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Acco BrandsACCO
-$11.4M-90.0%
Simmons First National logo
Simmons First NationalSFNC
-$5.02M-235%
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CBIZCBZ
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Mistras Group logo
Mistras GroupMG
-$981K+13.0%
Mission Produce, Inc. logo
Mission Produce, Inc.AVO
-$2.9M0.0%

Other financials

Income statement

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Revenue$106.4M-12.5%
Gross profit$33.6M-22.5%
Operating income-$173.2M-23,086%
Net income-$134.8M-4,358%
EPS (diluted)-$6.30-4,400%

Balance sheet

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Cash & equivalents$10.4M-48.5%
Total debt$260.4M-17.7%
Total equity$581.3M-29.8%
Total assets$1.0B-25.2%

Cash flow

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Operating cash flow$7.0M-84.4%
CapEx$5.7M-71.3%
Free cash flow$1.2M-95.0%

Valuation

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Market cap$349.42M-44.4%
Enterprise value$599.43M-35.1%
P/S0.7×-0.3×

Profitability

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Gross margin36.4%-4.4pp
Operating margin-51.2%
Net margin-46%
FCF margin10.2%+1.3pp

Returns & leverage

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Return on equity-34%
Debt / equity0.4×+0.1×
Current ratio2.7×-0.1×

Where this comes from

Reported directly by MGP Ingredients in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: MGP Ingredients’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGP Ingredients's increase decrease in accrued income taxes payable?
MGP Ingredients (MGPI) reported increase decrease in accrued income taxes payable of $3.08M in Q1 2026.
How has MGP Ingredients's increase decrease in accrued income taxes payable changed year-over-year?
MGP Ingredients's increase decrease in accrued income taxes payable increased by 246.8% year-over-year, from -$2.09M to $3.08M.
What does increase decrease in accrued income taxes payable mean?
The net change in the liability for income taxes owed to government authorities that have been accrued but not yet paid. This reflects the timing differences between tax expense recognition and actual cash tax outflows.