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What was the total amount of 'Total liabilities and member’s equity' for Batteries Plus Bulbs in 2024?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer from 2025 FDD Document

| Member’s equity | 301,985 | 323,565 | | | Total liabilities and member’s equity 2024 | $ 4 27,382 2023 | $ 4 29,937 |

Source: Item 23 — Receipts (FDD pages 80–279)

What This Means (2025 FDD)

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the total liabilities and member's equity for the company in 2024 was $427,382.

This figure represents the sum of all the company's obligations to creditors (liabilities) and the value of the ownership stake in the company (member's equity). It is a fundamental accounting equation (Assets = Liabilities + Equity) and provides a snapshot of the company's financial structure at a specific point in time.

For a prospective franchisee, this number itself may not be as insightful as the individual components that make it up, such as the current and non-current liabilities, and the member's equity. Reviewing these components can provide a better understanding of the company's financial health and stability. Comparing these figures year-over-year, as presented in the FDD, can also reveal trends and potential areas of concern or strength.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.