What was the amount of 'Capital in Excess of Par Value' for Del Taco on October 1, 2023?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
| Net earnings | — | — | — | 33,686 | — | — | 33,686 | | Other comprehensive income | — | — | — | — | 595 | — | 595 | | Balance at January 19, 2025 | 82,971 | $ 829 | $ 537,568 | $ 1,891,977 | $ (56,880) | $ (3,200,625) | $ (827,131) |
| Number of Shares | Amount | Capital in Excess of Par Value | Retained Earnings | Accumulated Other Comprehensive Loss | Treasury Stock | Total |
|---|
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the 'Capital in Excess of Par Value' on October 1, 2023, was $520,076. This figure represents the amount of proceeds the company received from the issuance of stock that exceeds the par value of the stock. It is a component of the overall stockholders' equity, reflecting the additional capital contributed by investors above the stated par value of the shares. This value is important for understanding the financial structure of Del Taco.
For a prospective franchisee, understanding the 'Capital in Excess of Par Value' can provide insights into the financial health and stability of Del Taco. A higher value may indicate stronger investor confidence and a greater ability for the company to fund its operations and growth. However, it is just one piece of the financial picture, and should be considered alongside other financial metrics such as retained earnings, total assets, and liabilities.
The FDD also provides a breakdown of changes in equity accounts. For example, the table shows how share-based compensation, dividends, treasury stock purchases, and net earnings impacted the 'Capital in Excess of Par Value' and other equity components between October 1, 2023, and January 21, 2024. Reviewing these changes can help a franchisee understand how Del Taco manages its equity and returns value to its shareholders.
It is important to note that this figure is a snapshot in time and can change due to various factors, including stock issuances, stock repurchases, and accounting adjustments. A prospective franchisee should review the complete financial statements and consult with a financial advisor to fully understand the implications of this and other financial data presented in the FDD.