What were the total liabilities and stockholders' equity (deficit) for All County in 2022?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year 2024 | Year 2023 | Year 2022 | |
|---|---|---|---|
| LIABILITIES AND MEMBERS' EQUITY | |||
| TOTAL LIABILITIES & STOCKHOLDERS' EQUITY (DEFICIT) | $ 470,860 | $ 195,181 | $ 236,144 |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total liabilities and stockholders' equity (deficit) for the company in 2022 was $236,144. This figure represents the sum of what All County owes to creditors (liabilities) and the investment of the owners in the company (stockholders' equity) at the end of 2022. This value provides a snapshot of the company's financial position at a specific point in time.
Specifically, the total liabilities for All County in 2022 amounted to $48,035. This includes both current liabilities, such as accounts payable and notes payable to stockholders, and any long-term liabilities. Stockholders' equity (deficit) totaled $188,109, which is comprised of common stock, additional paid-in capital, and retained earnings (deficit).
It's important to note that the stockholders' equity can fluctuate based on the company's profitability and any distributions made to owners. A prospective franchisee should review these figures in the context of All County's overall financial performance and consult with a financial advisor to understand the implications for their investment.