What was the total value of Caption By Hyatt's liabilities as of December 31, 2024?
Caption_By_Hyatt Franchise · 2025 FDDAnswer from 2025 FDD Document
| LIABILITIES AND EQUITY | ||
|---|---|---|
| CURRENT LIABILITIES: | ||
| Current maturities of long-term debt | $ 456 | $ 751 |
| Accounts payable | 475 | 493 |
| Accrued expenses and other current liabilities | 565 | 468 |
| Current contract liabilities | 1,553 | 1,598 |
| Accrued compensation and benefits | 192 | 210 |
| Current operating lease liabilities | 33 | 41 |
| Liabilities held for sale | — | 17 |
| Total current liabilities | 3,274 | 3,578 |
| Long-term debt | 3,326 | 2,305 |
| Long-term contract liabilities | 843 | 1,759 |
| Long-term operating lease liabilities | 245 | 273 |
| Other long-term liabilities | 1,810 | 1,351 |
| Total liabilities | 9,498 | 9,266 |
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 liabilities for Hyatt Franchising, L.L.C. as of December 31, 2024, were $9,498. This figure represents the sum of all current liabilities, long-term debt, long-term contract liabilities, long-term operating lease liabilities, and other long-term liabilities.
Breaking down the liabilities, Caption By Hyatt's current liabilities totaled $3,274, which includes items such as current maturities of long-term debt ($456), accounts payable ($475), accrued expenses and other current liabilities ($565), current contract liabilities ($1,553), accrued compensation and benefits ($192), current operating lease liabilities ($33). Long-term debt amounted to $3,326, long-term contract liabilities were $843, long-term operating lease liabilities were $245 and other long-term liabilities totaled $1,810.
Prospective franchisees should understand the nature and extent of these liabilities, as they reflect the financial obligations of Hyatt Franchising, L.L.C. and could potentially impact the franchisor's ability to support its franchisees. Reviewing the balance sheet provides insight into the company's financial health and its capacity to meet its obligations. Franchisees may want to compare these figures with previous years to identify any trends or significant changes in the liability structure.