What was the amount of Caption By Hyatt's short-term investments as of December 31, 2023?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| ASSETS | ||
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 1,011 | $ 881 |
| Restricted cash | 1 | 34 |
| Short-term investments | 372 | 15 |
| 1,121 | 883 | |
| Inventories | 8 | 9 |
| Prepaids and other assets | 174 | 195 |
| Prepaid income taxes | 46 | 51 |
| Assets held for sale | — | 62 |
| Total current assets | 2,733 | 2,130 |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the unaudited balance sheet for Hyatt Franchising, L.L.C. shows the company's short-term investments totaled $15 as of December 31, 2023. This figure is part of the overall assets reported on the balance sheet.
Short-term investments are generally liquid assets that Caption By Hyatt intends to convert into cash within a year. These investments can include items like marketable securities, certificates of deposit, and other instruments. The amount of short-term investments can fluctuate depending on Caption By Hyatt's investment strategy and cash flow needs.
Prospective franchisees should consider the short-term investments in relation to Caption By Hyatt's other assets and liabilities. A healthy balance sheet typically indicates financial stability, which can be a positive sign for franchisees. Reviewing these figures over several years, if available, can provide a better understanding of the company's financial trends.