What was the total net asset balance 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, was $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).
Understanding a company's net asset balance is crucial for prospective franchisees as it provides a snapshot of the company's financial health and stability. A higher net asset value generally indicates a stronger financial position, suggesting that the company has more assets than liabilities. This can be reassuring for franchisees who are investing their own capital into the brand.
It's important to note that this figure is just one point in time and should be evaluated in conjunction with other financial metrics and trends. Reviewing the changes in net assets over time, as well as the components that make up this figure, can provide a more comprehensive understanding of Bw Premier Collection's financial performance. Additionally, comparing these figures to industry benchmarks can help franchisees assess the company's relative financial strength.