What were the total Aplus assets at the end of 2023?

According to Aplus's 2024 Franchise Disclosure Document, the company's total assets at the end of 2023 were $6,826. This figure represents the sum of all Aplus's possessions and rights that have a monetary value. These assets are categorized into current assets, property and equipment (net of accumulated depreciation), and other assets.

Specifically, Aplus's current assets totaled $1,927, which includes cash and cash equivalents ($29), accounts receivable net ($856), accounts receivable from affiliates ($20), inventories net ($889), and other current assets ($133). Property and equipment, after deducting accumulated depreciation, amounted to $1,836. Other assets included operating lease right-of-use assets net ($506), goodwill ($1,599), intangible assets net ($544), other non-current assets ($290), and investments in unconsolidated affiliates ($124).

For a prospective franchisee, understanding the asset base of Aplus can provide insights into the financial stability and resources of the company. A substantial asset base can indicate a company's ability to invest in growth, support its franchisees, and weather economic downturns. Reviewing the composition of these assets, such as the balance between liquid assets (like cash) and less liquid assets (like goodwill), can offer a more nuanced view of Aplus's financial health. Comparing these figures with previous years, as presented in the FDD, can also reveal trends in the company's asset accumulation and management.