What was the depreciation and amortization for Cr3 American Exteriors in 2023?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
| Equity at July 12, 2022 | $ - |
|---|---|
| Capital Contributions | 51,411 |
| Net Loss | (46,591) |
| Equity at December 31, 2022 | $ 4,820 |
| Equity at January 1, 2023 | $ 4,820 |
| Capital Contributions | 28,589 |
| Net Loss | (14,538) |
| Equity at December 31, 2023 | $ 18,871 |
| Equity at January 1, 2024 | $ 18,871 |
| Capital Contributions | 30,000 |
| Net Loss | 89,667 |
| Equity at December 31, 2024 | $ 138,538 |
Statements of Cash Flows For The
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, the depreciation and amortization expenses for the company in 2023 were $87.
Depreciation and amortization are accounting methods used to allocate the cost of tangible (depreciation) and intangible (amortization) assets over their useful lives. For a prospective franchisee, this figure provides insight into the company's capital expenditures and how these costs are being accounted for. It's a non-cash expense that reflects the reduction in value of assets over time.
While the depreciation and amortization expense itself is relatively small, understanding how Cr3 American Exteriors manages its assets and accounts for their depreciation can be useful in assessing the overall financial health and stability of the company. A consistent and reasonable depreciation policy is a sign of sound financial management. Franchisees may want to compare this figure with those of similar companies to gauge whether Cr3 American Exteriors' approach is in line with industry standards.