What was the amount of additional paid in capital for All Team as of December 31, 2023?
All_Team Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| STOCKHOLDER'S EQUITY | ||
| Common stock - $1 par value; 30,000 shares authorized, 1,000 | ||
| shares issued, and 1,000 shares outstanding | 1,000 | 1,000 |
| Additional paid in capital | 119,000 | 119,000 |
| Retained earnings | 667,144 | 712,933 |
| Total Stockholder's Equity | 787,144 | 832,933 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 33)
What This Means (2025 FDD)
According to All Team's 2025 Franchise Disclosure Document, the additional paid in capital as of December 31, 2023, was $119,000. This figure is part of the stockholder's equity on the balance sheet. The additional paid-in capital represents the amount by which the money All Team received from investors when issuing stock exceeds the par value of the stock.
For a prospective All Team franchisee, understanding the additional paid-in capital can provide insight into the company's financial structure and how it has raised capital in the past. It indicates the premium investors have been willing to pay for All Team's stock above its stated par value. This can reflect investor confidence and the perceived value of the company.
It's important to note that the additional paid-in capital has remained constant at $119,000 from December 31, 2022, to December 31, 2023, suggesting that All Team did not issue additional stock during that period. This stability can be viewed positively, indicating consistent financial management, but it's essential to consider this information in conjunction with other financial metrics to gain a comprehensive understanding of All Team's financial health.