What was the amount of restricted cash included in other assets for Caption By Hyatt in 2023?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
OLIDATED STATEMENTS OF CASH FLOWS**
For the Years Ended December 31, 2024, December 31, 2023, and December 31, 2022 (In millions of dollars)
Supplemental disclosure of cash flow information:
| Cash and cash equivalents | $ 1,011 | $ | 881 | $ 991 |
|---|---|---|---|---|
| Re |
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 amount of restricted cash included in other assets was $4 in 2023. This figure is part of the company's consolidated balance sheets, reflecting cash that is not freely available for general use and is instead earmarked for a specific purpose.
For a prospective Caption By Hyatt franchisee, understanding the levels of restricted cash can provide insights into the company's financial management and liquidity. Restricted cash typically arises from legal or contractual requirements, such as collateral for loans or leases.
The presence and amount of restricted cash can impact Caption By Hyatt's ability to invest in growth opportunities or manage unforeseen expenses. Franchisees should consider these figures in the context of the company's overall financial health and stability, as detailed in the provided financial statements.