What was the total stockholders' equity for City Wide in the most recent year presented?
City_Wide Franchise · 2025 FDDAnswer from 2025 FDD Document
| Common stock | |||
|---|---|---|---|
| Class A voting, $.01 par value; 300,000 shares | |||
| authorized, 210,000 shares issued and outstanding | 2,100 | 2,100 | 2,100 |
| Class B nonvoting, $.01 par value; 30,000,000 shares | |||
| authorized, 21,000,000 shares issued and outstanding | 210,000 | 210,000 | 210,000 |
| Additional paid-in capital | 366,366 | 366,366 | 366,366 |
| Accumulated other comprehensive income | 54,347 | 14,840 | 21,493 |
| Retained earnings | 13,031,512 | 10,452,951 | 17,969,298 |
| Total stockholders’ equity | 13,664,325 | 11,046,257 | 18,569,257 |
| Total liabilities and stockholders’ equity | $ 39,487,375 | $ 33,801,707 | $ 35,090,119 |
Source: Item 23 — RECEIPT (FDD pages 65–271)
What This Means (2025 FDD)
According to City Wide's 2025 Franchise Disclosure Document, the total stockholders’ equity for the company in 2024 was $13,664,325. This figure represents the owners' stake in the company, calculated as the difference between City Wide's total assets and total liabilities. It includes common stock, additional paid-in capital, accumulated other comprehensive income, and retained earnings.
Stockholders' equity is a key indicator of a company's financial health and stability. A higher equity value generally suggests that the company has a strong financial foundation and is less reliant on debt financing. For a prospective City Wide franchisee, this indicates the financial stability of the franchisor.
The FDD provides a three-year trend of City Wide's stockholders' equity, showing $18,569,257 in 2022, $11,046,257 in 2023, and $13,664,325 in 2024. Reviewing these figures helps potential franchisees assess the financial trajectory of City Wide over recent years.