What was the total value of Auntie Annes' assets as of December 31, 2023?

According to Auntie Annes' 2024 Franchise Disclosure Document, the company's total assets as of December 31, 2023, were valued at $882,596. This figure represents the sum of various asset categories, providing a snapshot of the company's financial health at that specific point in time. For comparison, the total assets as of December 25, 2022, were $876,517.

Breaking down the asset composition, current assets totaled $110,454 as of December 31, 2023. This category includes cash and cash equivalents ($22,662), restricted cash and cash equivalents related to securitization ($29,582), accounts receivable net of allowance for credit losses ($37,049), inventories ($978), prepaid expenses and other current assets ($9,263), advertising funds assets ($7,643), and intercompany receivables from the parent company ($3,277). Non-current assets include property, equipment, leasehold improvements and land, net which totaled $71,199, operating lease assets, net totaling $69,535, goodwill valued at $122,714, intangible assets, net totaling $495,389 and long-term other assets totaling $13,305.

For a prospective franchisee, understanding the asset composition of Auntie Annes is crucial for assessing the financial stability and investment potential of the franchise. A significant portion of the assets is tied to intangible assets, which could include brand recognition and intellectual property. Monitoring the changes in asset values over time, as presented in the comparative data, can offer insights into the company's growth and investment strategies. Reviewing these figures in relation to liabilities and equity can provide a more comprehensive view of the company's financial standing.