How much cash did Caption By Hyatt pay for interest during the period of 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 |
|---|---|---|---|---|
| Restricted cash | 1 | 34 | 39 | |
| Restricted cash included in other assets | 3 | 4 | 37 | |
| Total cash, cash equivalents, and restricted cash | $ 1,015 | $ | 919 | $ 1,067 |
| 2024 | 2023 | 2022 | ||
| Cash paid during the period for interest | $ 167 | $ |
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 paid $115 million in cash for interest during the year 2023. This figure is part of the consolidated financial statements that provide an overview of the company's financial activities. These statements are audited by an independent registered public accounting firm, ensuring that they present fairly the financial position, results of operations, and cash flows of Caption By Hyatt.
For a prospective franchisee, understanding the interest payments made by Caption By Hyatt can offer insights into the company's debt management and overall financial health. High interest payments might indicate a significant debt burden, which could affect the company's profitability and its ability to support franchisees. Conversely, lower interest payments could suggest better financial stability and more resources available for growth and franchisee support.
It's important for potential franchisees to consider these figures in the context of Caption By Hyatt's overall financial performance and strategic plans. Reviewing the complete financial statements and related notes, as well as consulting with a financial advisor, can provide a more comprehensive understanding of the financial implications for franchisees. This due diligence can help in making an informed decision about investing in a Caption By Hyatt franchise.