What is the total of Belocal's assets as of June 30, 2025?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| As of June 30, | | Assets | | Current assets: | | Cash and cash equivalents | $ | 7,231,415 | | Prepaid expenses | | 727,353 | | Prepaid taxes | | 2,013 | | Due from affiliate | | 4,217,245 | | Total current assets | | 12,178,026 | | Deferred tax asset | | 9 | | Total assets | $ | 12,178,026 |
Source: Item 23 — RECEIPTS (FDD pages 71–242)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the company's total assets as of June 30, 2025, were $12,178,026. These assets are broken down into several categories.
Belocal's current assets totaled $12,178,026, including cash and cash equivalents of $7,231,415, prepaid expenses of $727,353, prepaid taxes of $2,013, and $4,217,245 due from an affiliate. There is also a deferred tax asset listed as $9.
Understanding a company's assets can help a prospective franchisee assess the financial health and stability of Belocal. Reviewing these figures in comparison to previous years, and in context with liabilities and equity, provides a more complete financial picture.