For the Big O Tires consolidated balance sheets, what was the total amount of cash in 2025?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company's cash consists of balances in the Company's operating bank accounts. The Company maintains cash in financial institutions insured by the Federal Deposit Insurance Corporation ("FDIC"). All highly liquid investments with an original maturity of three months or less are considered cash equivalents.
The following table is a reconciliation of the beginning and ending cash balances presented in the accompanying consolidated statements of cash flows as of March 31, 2025 and 2024:
Source: Item 23 — RECEIPTS (FDD pages 102–535)
What This Means (2025 FDD)
According to the 2025 FDD, Big O Tires's cash balance can be found in the reconciliation of cash balances as of March 31, 2025. The document states that the cash balance at the beginning of the year on April 1, 2024, was $46,741 (in thousands). The cash balance at the end of the year on March 31, 2025, was $44,843 (in thousands).
This information is derived from the consolidated statements of cash flows. These figures represent the total cash held by Big O Tires, which includes balances in the company's operating bank accounts. The company maintains these funds in financial institutions insured by the FDIC.
For a prospective franchisee, understanding the franchisor's cash position can be useful for assessing the financial stability and health of Big O Tires. A strong cash balance can indicate the company's ability to invest in growth, support franchisees, and weather economic downturns. However, it is important to consider these figures in the context of the company's overall financial performance and industry trends.