What was the reported amount for Aplus's other non-current liabilities?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
on-Current Liabilities**
Other non-current liabiliti
Source: Item 22 — CONTRACTS (FDD page 68)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the company reported specific amounts for "other non-current liabilities" in its financial statements. As of 2023, the reported amount was $116,000, while in 2022, the reported amount was $111,000.
These figures represent liabilities that Aplus owes, which are not expected to be settled within the normal operating cycle (typically one year). These liabilities can include obligations such as deferred compensation, long-term environmental liabilities, or other extended-term financial commitments. For a prospective franchisee, understanding the nature and extent of these non-current liabilities can provide insights into the company's long-term financial health and stability.
It's important to note that these figures are just a snapshot in time and can fluctuate based on various factors affecting Aplus's business operations and financial obligations. Reviewing these figures in conjunction with other financial statement data and seeking professional financial advice is crucial for making informed investment decisions.