What was the total shareholder's equity for Circle K as of April 27, 2025?
Circle_K Franchise · 2025 FDDAnswer from 2025 FDD Document
| Shareholder's Equity: | ||||
|---|---|---|---|---|
| Common stock, $0.01 par value, 1,000,000 shares | ||||
| authorized, 1,001 issued and outstanding | 10 | 10 | ||
| Additional paid-in capital | 88,201,000 | 88,201,000 | ||
| Receivable from parent | (91,667,564) | (93,887,235) | ||
| Retained earnings | 35,316,368 | 35,228,153 | ||
| Total Shareholder's Equity | 31,849,814 | 29,541,928 |
Source: Item 23 — RECEIPTS (FDD pages 100–359)
What This Means (2025 FDD)
According to Circle K's 2025 Franchise Disclosure Document, the total shareholder's equity as of April 27, 2025, was $31,849,814. The FDD provides a breakdown of how this figure is calculated, including common stock, additional paid-in capital, receivable from parent, and retained earnings.
Specifically, the common stock is valued at $0.01 par value with 1,000,000 shares authorized and 1,001 issued and outstanding, resulting in a total value of $10. The additional paid-in capital is listed as $88,201,000. There is a receivable from the parent company of $(91,667,564), which reduces the equity. Retained earnings contribute $35,316,368 to the total shareholder's equity.
It is important for a prospective Circle K franchisee to understand the financial structure of the company, including its equity, assets, and liabilities. Reviewing these figures can provide insight into the financial stability and overall health of the Circle K franchise system. Understanding the relationship between Circle K and its parent company, as reflected in the receivable, is also crucial for assessing potential financial risks and opportunities.