What was the total value of Benihana's current liabilities as of December 31, 2022?

According to Benihana's 2024 Franchise Disclosure Document, the total current liabilities as of December 31, 2022, were $45,671. Current liabilities are obligations due within one year, representing the immediate financial obligations of Benihana.

This figure is important for prospective franchisees as it provides insight into Benihana's short-term financial health and stability. A high level of current liabilities relative to current assets could indicate potential liquidity issues, while a lower level suggests a stronger ability to meet its short-term obligations.

The current liabilities consist of several components, including accounts payable ($13,055), accrued expenses ($22,409), deferred gift card revenue and other ($2,115), current portion of operating lease liabilities ($6,336), current portion of long-term debt ($1,500), and other current liabilities ($256). Understanding these individual components gives a more detailed view of the types of short-term obligations Benihana has.

Franchisees should consider this information in conjunction with other financial metrics and trends to assess the overall financial risk and stability of investing in a Benihana franchise. Comparing these figures to previous years and industry benchmarks can provide a more comprehensive understanding of Benihana's financial management and potential risks.