What was the total value of cash and cash equivalents for Checkersrallys as of December 30, 2024?
Checkersrallys Franchise · 2025 FDDAnswer from 2025 FDD Document
ignificant audit findings, and certain internal control-related matters that we identified during the audit.
Tampa, Florida April 1, 2025
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data)
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Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkersrallys's 2025 Franchise Disclosure Document, the company's cash and cash equivalents totaled $15,562 as of December 30, 2024. This figure represents the amount of readily available cash and liquid assets Checkersrallys had on hand at the end of the fiscal year. For comparison, on January 1, 2024, Checkersrallys reported $12,557 in cash and cash equivalents.
This information is found within the assets section of Checkersrallys's balance sheet, providing a snapshot of the company's financial health at a specific point in time. Cash and cash equivalents are crucial for covering immediate obligations, funding operations, and making short-term investments. A higher value generally indicates greater financial flexibility and stability.
For a prospective franchisee, understanding the franchisor's cash position is important for assessing the overall financial stability of the company. While $15,562 reflects Checkersrallys's cash and cash equivalents, it is essential to consider this figure in the context of the company's overall assets, liabilities, and financial performance. Reviewing trends in cash and cash equivalents over time, as well as comparing these figures to industry benchmarks, can provide a more comprehensive understanding of Checkersrallys's financial strength.