What was the total stockholders' equity for Checkersrallys as of December 30, 2024?
Checkersrallys 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 Checkersrallys's 2025 Franchise Disclosure Document, the total stockholders' equity as of December 30, 2024, was $117,234. This figure represents the net worth of Checkersrallys from the perspective of its shareholders, calculated by subtracting total liabilities from total assets. It includes common stock, additional paid-in capital, and retained earnings.
For a prospective franchisee, this number provides insight into the financial stability and capital structure of Checkersrallys. A higher stockholders' equity generally indicates a stronger financial position, suggesting that the company has a solid foundation and is less reliant on debt. This can be reassuring for franchisees who are considering investing in the brand, as it implies that Checkersrallys is better equipped to support its franchisees and navigate economic challenges.
It's also useful to compare this figure with previous years to assess the trend in Checkersrallys's equity. In this case, the stockholders' equity increased from $95,295 on January 1, 2024, to $117,234 by the end of the year, indicating positive financial performance during that period. This increase could be attributed to factors such as net income, stock-based compensation, and adjustments to retained earnings. Reviewing these changes can give a franchisee a more comprehensive understanding of the company's financial trajectory and its ability to generate value for its shareholders.