What was the reported cash and cash equivalents 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 company reported cash and cash equivalents of $881 in 2023. This figure is part of the consolidated financial statements of Hyatt Hotels Corporation and subsidiaries. The document also lists cash and cash equivalents for 2024 and 2022, which were $1,011 and $991 respectively.
These figures reflect the total amount of cash and assets that are readily convertible to cash that Caption By Hyatt had available at the end of each fiscal year. This includes not only physical currency but also items like bank accounts and short-term investments. For a prospective franchisee, understanding these figures provides insight into the financial health and liquidity of the parent company, Hyatt Hotels Corporation.
It's important to note that these numbers represent the consolidated financials, not just those specific to the Caption By Hyatt brand. Franchisees should consider this within the broader context of Hyatt's overall financial performance. Additionally, the FDD includes details on restricted cash and other non-cash transactions, which can further clarify the company's financial activities and position.