As of December 29, 2024, what was the amount of cash and cash equivalents held by Cinnabon?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
nting estimates made by management, as well as evaluate the overall presentation of the consolidated financial statements.
- Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company's ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain in
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, as of December 29, 2024, the company held $620 in cash and cash equivalents. This figure represents the funds readily available to Cinnabon for its immediate operational needs. Additionally, the company held $5,725 in restricted cash related to securitization.
It is important to note that Cinnabon also had $33,548 in accounts receivable, net of allowance for credit losses. These are revenues that Cinnabon has earned but not yet collected. Prepaid expenses and other current assets totaled $5. Total current assets for Cinnabon amounted to $39,898 as of December 29, 2024.
Understanding the breakdown of Cinnabon's assets, including cash, restricted cash, and accounts receivable, can provide prospective franchisees with insights into the company's financial health and liquidity. This information is crucial for assessing the company's ability to meet its short-term obligations and invest in future growth.