What was the total equity for Brightstar Care as of December 29, 2024?
Brightstar_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
| BrightStar Franchising, LLC Member's Equity | Non-Controlling Interest | Total Equity | |
|---|---|---|---|
| Balance, December 29, 2024 | $ 41,412,396 | $ (18,323,174) | $ 23,089,222 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 117)
What This Means (2025 FDD)
According to Brightstar Care's 2025 Franchise Disclosure Document, the company's total equity as of December 29, 2024, was $23,089,222. This figure represents the sum of BrightStar Franchising, LLC Member's Equity, which was $41,412,396, and a Non-Controlling Interest of ($18,323,174).
Total equity is a key indicator of a company's financial health, representing the owners' stake in the company after all liabilities are paid. For a prospective Brightstar Care franchisee, a positive and growing total equity can be a sign of a stable and well-managed franchise system. It suggests that the company has sufficient assets to cover its liabilities and is generating profits.
It's important to note that the Member's Equity reflects the equity attributable to the owners of BrightStar Franchising, LLC, while the Non-Controlling Interest represents the portion of equity in a subsidiary not owned by the parent company. The combination of these two figures provides a comprehensive view of the total equity within the Brightstar Care franchise system.
Franchisees should monitor the trend in total equity over time, as significant fluctuations could indicate potential financial instability or changes in the company's ownership structure. Reviewing the complete financial statements and notes, possibly with the help of a financial advisor, will give potential franchisees a better understanding of Brightstar Care's financial position.