comparative

What is the difference in total current assets between 2022 and 2023 for Bens Soft Pretzels?

Bens_Soft_Pretzels Franchise · 2025 FDD

Answer from 2025 FDD Document

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Elkhart, IN June 9, 2025

BEN'S SOFT PRETZELS FRANCHISING CORPORATION BALANCE SHEETS

December 31, 2024, 2023, and 2022

2024 2024 2023 2022
ASSETS
Current assets
Cash and cash equivalents $ 542,890 $ 487,528 $ 466,776
Accounts receivable, net 255,151 116,811 125,116
Franchise fees receivable 15,000 21,000 40,000
Related party receivables 460,463 525,533 497,538
Rebates receivable 18,548 25,

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 46)

What This Means (2025 FDD)

According to Bens Soft Pretzels' 2025 Franchise Disclosure Document, the company's total current assets were $1,155,203 in 2022 and $1,204,247 in 2023. This represents an increase of $49,044 in total current assets from 2022 to 2023.

Total current assets are a key indicator of a company's short-term financial health. They include items like cash, accounts receivable, and prepaids, which can be readily converted into cash within a year. A higher value of current assets relative to current liabilities suggests that Bens Soft Pretzels has sufficient liquid assets to cover its short-term obligations.

For a prospective franchisee, this information provides insight into the financial stability and liquidity of Bens Soft Pretzels. A consistent increase in current assets year-over-year may indicate effective financial management and growth. However, it is important to consider these figures in conjunction with other financial metrics and industry benchmarks to gain a comprehensive understanding of the company's financial performance.

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.