What is the difference in total current assets between 2023 and 2024 for C12 Group?
C12_Group Franchise · 2025 FDDAnswer from 2025 FDD Document
indings, and certain internal control related matters that we identified during the audit.
ADKF, P.C.
San Antonio, Texas
ADKF,PC
March 21, 2025
THE C12 GROUP, LLC Balance Sheets December 31, 2024 and 2023
| ASSETS | 2024 | 2023 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 1,641,633 | $ 1,601,398 |
| Restricted cash | 1,387,034 | 239,964 |
| Total cash | 3,028,667 | 1,841,362 |
| Accounts receivabl |
Source: Item 22 — CONTRACTS (FDD page 46)
What This Means (2025 FDD)
According to C12 Group's 2025 Franchise Disclosure Document, the company's total current assets were $2,806,115 in 2023 and $4,769,286 in 2024. This represents an increase of $1,963,171 in total current assets from 2023 to 2024.
Total current assets are a key indicator of a company's short-term financial health, reflecting its ability to cover its short-term liabilities with its most liquid assets. The increase in C12 Group's current assets suggests improved liquidity and financial stability during this period.
As a prospective franchisee, it's important to understand the factors contributing to this increase. Reviewing the components of current assets, such as cash, accounts receivable, and inventory, can provide insights into the company's operational performance and working capital management. Understanding these trends can help a franchisee assess the financial health and stability of C12 Group.