What was the total value of Apricot Lane's marketable securities in 2023?
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 total value of marketable securities in 2023 was $161,923. This figure represents the value of investments that Apricot Lane held as of December 31, 2023, which are mostly cash investments.
Marketable securities are classified as current assets on the balance sheet, indicating that they are expected to be converted into cash within one year. For a prospective franchisee, this indicates the financial health and liquidity of Apricot Lane. A higher value of marketable securities suggests that the company has a strong cash position and is able to meet its short-term obligations.
It is important to note that the value of marketable securities can fluctuate based on market conditions and investment decisions. However, as of the end of 2023, Apricot Lane held a significant amount in these securities, reflecting a degree of financial stability. This information is useful for potential franchisees to assess the financial stability of the franchisor before investing in an Apricot Lane franchise.