What was the amount of Caption By Hyatt's total assets as of December 31, 2024?
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 |
| Equity method investments | 189 | 211 |
| Property and equipment, net | 1,689 | 2,340 |
| Financing receivables, net of allowances of $36 and $42 at December 31, 2024 and December 31, 2023, respectively | 368 | 73 |
| Operating lease right-of-use assets | 328 | 369 |
| Goodwill | 2,541 | 3,205 |
| Intangibles, net | 2,167 | 1,670 |
| Deferred tax assets | 466 | 358 |
| Other assets | 2,843 | 2,477 |
| TOTAL ASSETS | $ 13,324 | $ 12,833 |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the company's total assets as of December 31, 2024, were $13,324. This figure represents the sum of all Caption By Hyatt's possessions and rights that have a monetary value.
For a prospective franchisee, understanding the franchisor's asset value can provide insight into the financial stability and scale of the organization. A higher asset value can suggest a more established and resilient company, which may be better equipped to support its franchisees.
It is important to note that assets alone do not paint a complete picture of Caption By Hyatt's financial health. Reviewing the liabilities and equity alongside the assets provides a more comprehensive understanding of the company's financial position. Comparing these figures with previous years, also provided in the FDD, can reveal trends and potential areas of concern or strength.