What was the total amount of net assets for Bw Premier Collection as of November 30, 2023?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
Consolidated Statements of Changes in Net Assets
| (in thousands) | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Non-controlling Interests in Consolidated Subsidiaries | Total Net Assets |
|---|---|---|---|---|
| Balance - November 30, 2022 | $ 144,213 | $ 576 | $ 1,954 | $ 146,743 |
| Total excess of revenues over expenses (expenses over revenue) | 89,319 | - | (299) | 89,020 |
| Foreign currency translation adjustment, net of tax | - | (755) | - | (755) |
| Unrealized (losses) on available-for-sale debt securities, net of tax | - | (3,346) | - | (3,346) |
| Contributions from non-controlling interests | - | - | 175 | 175 |
| Balance - Novem |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the total net assets as of November 30, 2023, were $231,837,000. This figure represents the sum of retained earnings ($233,532,000), accumulated other comprehensive loss ($3,525,000), and non-controlling interests ($1,830,000).
Net assets are calculated by subtracting total liabilities from total assets. For Bw Premier Collection, this provides a snapshot of the company's financial position at that specific point in time. The increase in total net assets from November 30, 2022 ($146,743,000) to November 30, 2023 ($231,837,000) indicates a significant increase in the company's overall financial health during that period.
Prospective franchisees should note that net asset values can fluctuate due to various factors, including revenues, expenses, and market conditions. Reviewing these figures over several years, as presented in the FDD, can provide a more comprehensive understanding of the financial trends within Bw Premier Collection. It is also important to compare these figures with industry benchmarks to assess the company's performance relative to its peers.