What was the total accumulated other comprehensive loss for Caption By Hyatt as of December 31, 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
11, 2023 | $ 0.15 | May 30, 2023 | June 12, 2023 | | August 3, 2023 | $ 0.15 | August 25, 2023 | September 8, 2023 | | November 2, 2023 | $ 0.15 | November 22, 2023 | December 6, 2023 |
Accumulated Other Comprehensive Loss—The components of accumulated other comprehensive loss, net of tax impacts, were as follows:
| Balance at January 1, 2024 | Other comprehensive income (loss) before reclassification | Amounts reclassified from accumulated other comprehensive loss | Balance at December 31, 2024 | ||
|---|---|---|---|---|---|
| Foreign currency translation adjus |
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 total accumulated other comprehensive loss as of December 31, 2024, was $"(269)" million. This figure represents the cumulative unrealized gains and losses that have not yet been recognized in the company's income statement but are instead recorded as a component of equity. These adjustments include items such as foreign currency translation adjustments, unrealized gains and losses on available-for-sale debt securities, pension liability adjustments, and derivative instrument adjustments.
The accumulated other comprehensive loss increased from $"(175)" million as of January 1, 2024, to $"(269)" million by the end of the year. This change is primarily due to a $"(94)" million loss in foreign currency translation adjustments and a $"(2)" million loss in derivative instrument adjustments, partially offset by a $2 million gain in pension liabilities adjustments. These adjustments reflect the impact of currency fluctuations, changes in the fair value of debt securities, and changes in pension liabilities on Caption By Hyatt's financial position.
For a prospective Caption By Hyatt franchisee, understanding these figures is crucial as they provide insight into the overall financial health and stability of the parent company. While these losses are not immediately reflected in the income statement, they can impact the company's equity and potentially affect its ability to invest in growth initiatives or support its franchisees. It is important for potential franchisees to consider these factors when evaluating the financial strength of Caption By Hyatt and its long-term prospects.