What was the amount of restricted cash for Bw Premier Collection in 2023 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
shown in the Consolidated Statements of Cash Flows:
| (in thousands) | 2024 | 2023 |
|---|---|---|
| Cash and cash equivalents | $ 162,790 | $ 161,159 |
| Restricted cash | 11,849 | 12,194 |
| Total cash and cash equivalents, and restricted cash | ||
| shown in the Consolidate |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, in 2023, the amount of restricted cash was $12,194 thousand. This figure is part of the company's consolidated statements of cash flow, reflecting cash that is reserved for a specific purpose and not available for general use.
For a prospective Bw Premier Collection franchisee, understanding the restricted cash balance provides insight into the company's financial health and its ability to meet specific obligations. Restricted cash can be earmarked for various reasons, such as collateral, debt service, or other contractual requirements. A higher amount of restricted cash might indicate more financial obligations or strategic investments that require dedicated funds.
Franchisees should consider this figure in the context of Bw Premier Collection's overall financial position. While restricted cash isn't directly accessible for day-to-day operations, it represents a part of the company's financial strategy and stability. Reviewing trends in restricted cash over multiple years, as presented in the FDD, can offer a clearer picture of how Bw Premier Collection manages its finances and commitments.