According to the financial statements, what was the total equity for Ben Jerrys?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Liabilities and Equity | ||
|---|---|---|
| Shareholder's equity | ||
| Common stock ($1 par value, authorized 1,000 shares; | ||
| issued and outstanding, 100 shares) | - | - |
| Additional paid-in capital | 14,311 | 14,311 |
| Retained earnings | 3,409 | 2,248 |
| Total equity | 17,720 | 16,559 |
| Total liabilities and shareholder's equity | $ 27,510 | $ 22,871 |
| Equity: | | | Additional paid-in capital | 1 4,311 | | Retained earnings | 4,435 | | | | | Total equity | 1 8,745 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 89–133)
What This Means (2025 FDD)
According to Ben Jerrys's 2025 Franchise Disclosure Document, the consolidated balance sheets indicate the total equity for the company. In 2023, Ben Jerrys had a total equity of $17,720,000. In the prior year, 2022, the total equity was $16,559,000.
Equity represents the owner's stake in the company, calculated as the difference between total assets and total liabilities. A higher equity generally indicates a stronger financial position. The increase in total equity from 2022 to 2023 suggests that Ben Jerrys's financial health improved over that period.
Additionally, the interim Q1 2025 financial statements show the total equity as of March 31, 2025, was $18,745,000. This unaudited balance sheet provides a more current snapshot of the company's equity position, showing continued growth in equity.
Prospective franchisees should review these figures in the context of the full financial statements and notes to understand the overall financial health and trends of Ben Jerrys. Understanding the components of equity, such as retained earnings and paid-in capital, can offer further insights into the company's financial management and profitability.