What was the net amount of other assets for Bw Premier Collection as of November 30, 2022 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
)
Consolidated Statements of Financial Position
| (in thousands) | 2023 | As of November 30, 2022 |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 161,159 | $ 239,426 |
| Restricted cash | 12,194 | 11,089 |
| Short-term investments | 15,939 | 16,396 |
| Accounts receivable, principally from Members, net | 61,858 | 72,182 |
| Prepaid expenses and other current assets | 18,017 | 17,265 |
| Income taxes receivable | 9,748 | 8,430 |
| TOTAL CURRENT ASSETS | 278,915 | 364,788 |
| Property, equipment and computer software, net | 34,476 | 31,252 |
| Hotel investments, net | 52,025 | 53,403 |
| Long-term investments | 281,094 | 110,512 |
| Restricted Rabbi Trust investments | 17,037 | 19,063 |
| Deferred income taxes | 47,276 | 49,204 |
| Other assets, net | 23,014 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the net amount of other assets as of November 30, 2022, was $23,293 (in thousands). This figure is part of the broader assets listed in the balance sheet.
For a prospective franchisee, this indicates the value of assets not classified elsewhere on Bw Premier Collection's balance sheet, after accounting for any associated depreciation or amortization. These assets can include items such as prepaid expenses, deferred charges, or intangible assets that are not separately categorized.
Understanding the composition and nature of these 'other assets' would require further investigation to assess their liquidity, potential risks, and contribution to the overall financial health of Bw Premier Collection. A franchisee should seek clarification from Bw Premier Collection regarding the specific items included in this category to fully understand their implications.