What was the total value of Cinnabon's current assets in 2023?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
licies used and the reasonableness of significant accounting 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 internal control-related matters that we identified during the audit.
Atlanta, Georgia March 7, 2025
Consolidat
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to Cinnabon's 2025 Franchise Disclosure Document, the total current assets for the company as of December 31, 2023, were $110,454. This figure represents the sum of Cinnabon's liquid assets and those expected to be converted into cash within one year. These assets include cash and cash equivalents, restricted cash and cash equivalents from securitization, accounts receivable (net of allowance for credit losses), inventories, prepaid expenses and other current assets, advertising funds assets, and intercompany receivables from the Parent company.
Understanding the composition and value of current assets is crucial for prospective Cinnabon franchisees. It provides insight into the company's short-term financial health and its ability to meet its immediate obligations. A healthy level of current assets indicates that Cinnabon is well-positioned to manage its day-to-day operations and invest in future growth.
For potential franchisees, this information offers a glimpse into the financial stability of Cinnabon. While the current assets are a positive indicator, it is important to consider them in conjunction with the company's liabilities and overall financial performance. Reviewing these figures over time can reveal trends and provide a more comprehensive understanding of Cinnabon's financial management and stability.