What was the amount of other comprehensive income or loss reported by Caption By Hyatt in 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
11, 2023 | $ 0.15 | May 30, 2023 | June 12, 2023 | | August 3, 2023 | $ 0.15 | August 25, 2023 | September 8, 2023 | | November 2, 2023 | $ 0.15 | November 22, 2023 | December 6, 2023 |
Accumulated Other Comprehensive Loss—The components of accumulated other comprehensive loss, net of tax impacts, were as follows:
| Balance at January 1, 2024 | Other comprehensive income (loss) before reclassification | Amounts reclassified from accumulated other comprehensive loss | Balance at December 31, 2024 | ||
|---|---|---|---|---|---|
| Foreign currency translation adjus |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the company reported an accumulated other comprehensive loss of $(96) before reclassification with $2 of amounts reclassified from accumulated other comprehensive loss. The components of this loss include foreign currency translation adjustments of $(94), adjustments for AFS debt securities unrealized fair value of $(2), adjustments for pension liabilities of $2, and derivative instrument adjustments of $(2). These adjustments resulted in a balance of $(269) in accumulated other comprehensive loss as of December 31, 2024.
For a prospective Caption By Hyatt franchisee, understanding these figures is crucial as they reflect the overall financial health and stability of the parent company. Comprehensive income includes items that are not part of the net income but still affect equity, such as foreign currency fluctuations and changes in pension liabilities. These figures provide a more complete picture of Caption By Hyatt's financial performance.
The foreign currency translation adjustments indicate the impact of currency exchange rates on Caption By Hyatt's international operations. Pension liabilities adjustments reflect changes in the company's obligations to its employees' retirement plans. Derivative instrument adjustments pertain to the gains or losses from hedging activities used to manage financial risks. Monitoring these components can help a franchisee assess the potential risks and opportunities associated with the brand's financial management.
It is important to note that these figures are consolidated for Hyatt Hotels Corporation and its subsidiaries, not specifically for the Caption By Hyatt brand. However, they provide insight into the financial management practices and overall financial health of the parent company, which can indirectly affect the stability and support available to franchisees. Therefore, prospective franchisees should consider these figures as part of their due diligence process.