What was the additional paid-in capital for Counselor Realty in 2023?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Sheets December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Cash | $ 70,457 | $ 80,311 |
| Certificates of deposit | 137,791 | 130,280 |
| Accounts receivable, net | - | 1,574 |
| Total assets | $ 208,248 | $ 212,165 |
| Liabilities and Stockholder's Equity | ||
| Liabilities | ||
| Due to franchise | $ 50 | $ - |
| Due to parent company | 5,100 | 5,100 |
| Total liabilities | 5,150 | 5,100 |
| Stockholder's Equity | ||
| Common stock, $.01 par value per share | ||
| 100,000 shares authorized | ||
| 10,000 shares issued and outstanding | 100 | 100 |
| Additional paid-in capital | 47,209 | 47,209 |
| Retained earnings | 155,789 | 159,756 |
| Total stockholder's equity | 203,098 | 207,065 |
| Total liabilities and stockholder' |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the additional paid-in capital for the company in 2023 was $47,209. This figure represents the amount of capital the company received from investors above the par value of its common stock. Paid-in capital is a key component of the company's stockholder's equity.
For a prospective franchisee, understanding the additional paid-in capital can provide insights into the financial structure and stability of Counselor Realty. It indicates the level of investment made by shareholders and their confidence in the company's prospects. A consistent or growing additional paid-in capital can be a positive sign, suggesting that investors are willing to invest in the company's growth.
It's important to note that the additional paid-in capital remained constant from 2022 through 2024, staying at $47,209 each year. This could indicate a period of financial stability or a lack of new equity investments during those years. A potential franchisee should consider this information in conjunction with other financial metrics to assess the overall financial health and growth potential of Counselor Realty.