According to Bumper Man's 2025 Franchise Disclosure Document, the company's total liabilities and shareholders' equity in 2024 was $4,174,039. This figure represents the sum of the company's obligations to creditors (liabilities) and the value of the owners' stake in the company (shareholders' equity) at the end of the fiscal year. This metric provides a snapshot of Bumper Man's overall financial health and stability.

The liabilities portion includes accounts payable, which were $836,291, and accrued expenses, which amounted to $499,402. Accounts payable represent short-term obligations to suppliers and vendors, while accrued expenses are costs that Bumper Man has incurred but not yet paid. The shareholders' equity component consists of several items, including common stock valued at $10, treasury stock at ($1,000), additional paid-in capital of $17,085, and retained earnings of $2,822,251. Retained earnings represent the accumulated profits of the company that have not been distributed to shareholders as dividends.

For a prospective franchisee, understanding the composition of Bumper Man's liabilities and equity can offer insights into the company's financial management practices. A high level of liabilities relative to equity might indicate a higher level of financial risk, while a strong equity position suggests greater financial stability. Reviewing these figures over several years, as presented in the table, can reveal trends in Bumper Man's financial performance and capitalization.

It is important to note that these figures are based on Bumper Man's financial statements, which have been audited by an independent CPA. The auditor's opinion states that the financial statements present fairly, in all material respects, the financial position of Bumper Man in accordance with U.S. generally accepted accounting principles. This provides a level of assurance regarding the accuracy and reliability of the financial information presented.