What is the total equity reported on the Ben Jerrys balance sheet?
Ben_Jerrys Franchise · 2025 FDDAnswer from 2025 FDD Document
| INTERIM Q1 2025 Financial Statements Unaudited | |
|---|---|
| As of March 31, 2025 | |
| Ben & Jerry's Franchising, Inc. | |
| Balance Sheet | |
| (In thousands) | |
| Assets | |
| Current assets: | |
| Cash | $ 1 ,503 |
| Accounts Receivable, less allowance for doubtful accounts | |
| of $45 and $115 at March 31, 2022 and 2021, respectively | 363 |
| Due from parent, net | 3 7,043 |
| Inventories | 192 |
| Prepaid expenses and other current assets | 228 |
| Total current assets | 3 9,329 |
| Deferred tax assets | 472 |
| Fixed assets, net | 388 |
| Right of use assets, operating | 250 |
| Intangible assets, net | 705 |
| Total assets | 4 1,144 |
| Liabilities and Equity | |
| Current liabilities: | |
| Accounts payable | $ 673 |
| Accrued liabilities | 1,193 |
| Due to related party | 1 9,399 |
| Current tax liabilities | 458 |
| Current portion of operating lease liability | 79 |
| Deferred revenue | 73 |
| Total current liabilities | 2 1,875 |
| Deferred revenue, non-current | 333 |
| Non-current portion of operating lease liability | 190 |
| Total liabilities | 2 2,398 |
| 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 company's balance sheet provides details on its equity. As of March 31, 2025, the total equity was reported as $18,745 (in thousands). This figure is derived from the sum of additional paid-in capital, which is $14,311 (in thousands), and retained earnings, which amounts to $4,435 (in thousands).
In addition to the 2025 interim balance sheet, the FDD includes consolidated balance sheets for the years 2023 and 2022. The total equity for 2023 was $17,720 (in thousands) and for 2022, it was $16,559 (in thousands). These figures reflect the shareholder's equity, including additional paid-in capital and retained earnings for those years.
It's important to note that the interim financial statements as of March 31, 2025, are unaudited. Prospective franchisees should be aware that these figures have not been reviewed by an independent certified public accountant. The FDD advises that no independent certified public accountant has audited these figures or expressed an opinion regarding their content or form. Reviewing these balance sheets can provide potential franchisees insight into the financial stability and equity position of Ben Jerrys.