What was the total amount of Cinnabon's current assets as of December 29, 2024?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 29, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $ 620 | $ 403 |
| Restricted cash - securitization | 5,725 | 7,052 |
| Accounts receivable, net of allowance for credit losses of | ||
| $1,695 and $1,136 in 2024 and 2023, respectively | 33,548 | 26,793 |
| Prepaid expenses and other current assets | 5 | 5 |
| Total current assets | 39,898 | 34,253 |
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, the company's total current assets as of December 29, 2024, were $39,898. These assets include cash and cash equivalents of $620, restricted cash - securitization of $5,725, accounts receivable (net of allowance for credit losses of $1,695) of $33,548, and prepaid expenses and other current assets of $5.
It is important to note that these figures represent the financial position of Cinnabon Franchisor SPV LLC, not necessarily the financial standing of individual franchise locations. Current assets are assets that can be converted into cash within one year, and they are a key indicator of a company's short-term financial health and ability to meet its immediate obligations.
A prospective franchisee should consider these figures in the context of Cinnabon's overall financial health and stability. While a healthy level of current assets is a positive sign, it is also important to review the company's liabilities and equity to get a complete picture of its financial position. Reviewing the balance sheet in its entirety will give potential franchisees a better understanding of the financial risks and rewards of investing in a Cinnabon franchise.