What was the total equity for Checkers as of January 1, 2024?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Stockholders' equity | |||
|---|---|---|---|
| Common stock, $0.01 par value, 100 shares authorized, issued, and outstanding as of | - | - | |
| December 30, 2024 and January 1, 2024 | - | - | |
| Additional paid-in capital | 98,449 | 97,951 | |
| Retained earnings (deficit) | 18,785 | ( 2,656) | |
| Total stockholders' equity | 117,234 | 95,295 | |
| Total liabilities and stockholders' equity | $ 455,780 | $ 460,717 |
Source: Item 23 — RECEIPTS (FDD pages 92–384)
What This Means (2025 FDD)
According to Checkers's 2025 Franchise Disclosure Document, the total stockholders' equity as of January 1, 2024, was $95,295. This figure represents the sum of additional paid-in capital ($97,951) and retained earnings (deficit) ($-2,656) on that date. The common stock value is listed as zero.
Stockholders' equity is a key indicator of a company's financial health, representing the residual value of assets available to shareholders after all liabilities have been paid. For a prospective Checkers franchisee, a positive and growing equity position for the franchisor can be a sign of financial stability and a greater ability to support its franchisees.
However, it's important to note that while the total stockholders' equity provides a snapshot of the company's financial position, it should be evaluated in conjunction with other financial metrics and information. Franchisees should review the complete financial statements and consider seeking professional financial advice to fully understand the implications of Checkers's equity position.