What was the total amount of Total Current Assets for Craters & Freighters as of December 31, 2024?

According to Craters & Freighters' 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2024, were $7,212,007. This figure represents the sum of Craters & Freighters' cash and cash equivalents, marketable securities, accounts receivable (net of allowance for credit losses), other receivable, notes receivable, prepaid expenses, and inventories.

Understanding the composition of current assets is crucial for prospective franchisees. These assets are considered liquid, meaning they can be readily converted into cash within a year. A substantial portion of current assets in the form of cash and marketable securities suggests strong liquidity, which can be beneficial for covering short-term obligations and investments. Accounts receivable indicates money owed to Craters & Freighters by its customers, while inventories represent the value of packing and shipping supplies on hand. Prepaid expenses are payments made in advance for goods or services, such as insurance or rent.

Comparing the 2024 figure to the previous year, Craters & Freighters' total current assets decreased from $8,397,404 in 2023 to $7,212,007 in 2024. This decrease could be due to various factors, such as changes in cash flow, a reduction in accounts receivable, or a decrease in inventory levels. Prospective franchisees should investigate the reasons behind this change to assess the financial health and stability of Craters & Freighters. Reviewing these figures in the context of Craters & Freighters' overall financial performance can provide valuable insights into the company's ability to manage its short-term assets and liabilities.