What was the total stockholders' equity (deficit) for All County as of December 31, 2022?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
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|
| Total National Advertising Fund | 24,885 | 81,159 | 85,801 |
|---|---|---|---|
| NET INCOME | 448,390 | 271,100 | 216,956 |
See accompanying Auditor's Report and Notes to the Financial Statements
Statements of Stockholders' Equity (Deficit) For Years Ended December 31, 2024, 2023, & 2022
| Year 2024 | Year 2023 | Year 2022 | |
|---|---|---|---|
| COMMON STOCK | |||
| Balance, Beginning & End of Year | $ 200 | $ 200 | $ 200 |
| ADDITIONAL PAID IN CAPITAL | |||
| End of Year | 142,008 | 142,008 | 142,008 |
| RETAINED EARNINGS (DEFICIT) | |||
| Retained Earnings Balance, Beginning of Year | (110,516) | 188,109 | 14,567 |
| Stockholder Contributio |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the total stockholders' equity as of December 31, 2022, was $188,109. Stockholders' equity represents the owners' stake in the company, calculated as the difference between All County's assets and liabilities. It is comprised of common stock, additional paid-in capital, and retained earnings (or deficit).
All County's common stock was valued at $200, with additional paid-in capital at $142,008. The retained earnings (deficit) at the end of the year was $45,901. Retained earnings represent the accumulated net income of the company that has not been distributed to shareholders as dividends. A positive retained earnings balance indicates that the company has generated profits over time, while a deficit indicates accumulated losses.
For a prospective All County franchisee, a positive stockholders' equity generally indicates financial stability. It's important to review these figures in the context of All County's overall financial performance and industry benchmarks. Analyzing trends in equity over the three years presented (2022-2024) can provide insights into the company's financial trajectory and its ability to generate profits and manage its balance sheet effectively.