What was the total value of Cinnabon's current assets as of December 31, 2023?

According to Cinnabon's 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2023, were valued at $34,253. This figure represents the sum of Cinnabon's cash and cash equivalents, restricted cash related to securitization, accounts receivable (net of allowance for credit losses), and prepaid expenses along with other current assets.

For a prospective Cinnabon franchisee, understanding the composition and value of current assets is crucial. Current assets are those that can be readily converted into cash within a year. A healthy level of current assets indicates Cinnabon's ability to meet its short-term obligations and invest in growth opportunities. The accounts receivable, net of allowance for credit losses, amounted to $26,793, indicating the money owed to Cinnabon by its customers, adjusted for potential uncollectible amounts. Cash and cash equivalents were $403, while restricted cash for securitization was $7,052. Prepaid expenses and other current assets were listed at $5.

It is important to note that these figures reflect Cinnabon's financial position at a specific point in time and can fluctuate due to various factors, including economic conditions, market trends, and company performance. Reviewing these figures in conjunction with other financial statement data, such as liabilities and equity, provides a more comprehensive understanding of Cinnabon's overall financial health. Prospective franchisees should consult with a financial advisor to assess the implications of these figures for their investment decision.