What was the amount of marketable securities for Apricot Lane in 2024?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
LLP Grass Valley, CA February 10, 2025
Sointo Group
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| ASSETS | |||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| Current Assets: | 4. | 107 (10 | |||
| Cash and cash equivalents |
Source: Item 23 — RECEIPTS (FDD pages 51–222)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, the company's marketable securities in 2024 totaled $113,379. This figure reflects the value of short-term investments that Apricot Lane held, which can be quickly converted into cash.
For a prospective franchisee, understanding the franchisor's financial health is crucial. Marketable securities are one component of Apricot Lane's overall financial position, indicating the company's liquidity and ability to meet short-term obligations. A higher value in marketable securities generally suggests a stronger financial position.
It's important to note that this is just one aspect of Apricot Lane's financial health. A potential franchisee should review the entire balance sheet and other financial statements in the FDD, along with seeking professional financial advice, to gain a comprehensive understanding of the company's financial stability and performance. Comparing the 2024 figure to previous years, such as the $161,923 in 2023, can also provide insights into trends in Apricot Lane's investment strategies and overall financial management.