What was the total amount of current assets for Boulder Designs in 2024?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
ess of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonab
Source: Item 23 — RECEIPT (FDD pages 50–217)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the company's total current assets in 2024 were $705,470. This figure represents the sum of Boulder Designs' cash, net franchise fees receivable, inventory, and deferred costs. In comparison, the total current assets for Boulder Designs in 2023 were $773,788.
Current assets are assets that Boulder Designs expects to convert to cash within one year. These assets are essential for funding the company's day-to-day operations and short-term obligations. A decrease in current assets from 2023 to 2024 could indicate changes in the company's liquidity or operational efficiency.
Prospective franchisees should consider the composition and trend of current assets when evaluating the financial health of Boulder Designs. Understanding how the company manages its short-term resources can provide insights into its ability to support franchisees and navigate potential financial challenges. Reviewing the detailed components of current assets, such as the collectability of franchise fees receivable and the turnover rate of inventory, can offer a more comprehensive view of the company's financial management practices.