What was the amount of Caption By Hyatt's total equity as of December 31, 2023?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| EQUITY: | ||
|---|---|---|
| — | — | |
| Class A common stock, $0.01 par value per share, 1,000,000,000 shares authorized, 42,613,090 issued and | 1 | 1 |
| outstanding at December 31, 2024, and Class B common stock, $0.01 par value per share, 385,525,991 shares | ||
| authorized, 53,531,579 shares issued and outstanding at December 31, 2024. Class A common stock, $0.01 par value | ||
| per share, 1,000,000,000 shares authorized, 44,275,818 issued and outstanding at December 31, 2023, and Class B | ||
| common stock, $0.01 par value per share, 390,751,535 shares authorized, 58,757,123 shares issued and outstanding | ||
| at December 31, 2023 | ||
| Additional paid-in capital | — | — |
| Retained earnings | 3,815 | 3,738 |
| Accumulated other comprehensive loss | (269) | (175) |
| Total stockholders' equity | 3,547 | 3,564 |
| Noncontrolling interests | 279 | 3 |
| Total equity | 3,826 | 3,567 |
Source: Item 23 — Receipts (FDD pages 85–349)
What This Means (2025 FDD)
According to Caption By Hyatt's 2025 Franchise Disclosure Document, the total equity as of December 31, 2023, was $3,567 million. This figure represents the net assets of Hyatt Hotels Corporation after deducting all liabilities. It is a key indicator of the company's financial health and stability.
The total equity is composed of several components, including total stockholders' equity and noncontrolling interests. As of December 31, 2023, the total stockholders' equity was $3,564 million, and noncontrolling interests amounted to $3 million. The stockholders' equity includes items such as common stock, additional paid-in capital, retained earnings, and accumulated other comprehensive loss, which was $(175) million.
For a prospective Caption By Hyatt franchisee, this information provides insight into the financial strength of the parent company. A higher equity amount generally indicates a more stable and reliable franchisor. Reviewing these figures over time, as presented in the FDD, can help potential franchisees assess the long-term financial trends and stability of Caption By Hyatt.