What was the change in prepaid expenses and other current assets for Del Taco in 2023?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
PART I. FINANCIAL INFORMATION
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
JACK IN THE BOX INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share data) (Unaudited)
| January 19, 2025 | September 29, 2024 | ||
|---|---|---|---|
| ASSETS | |||
| Current assets: | |||
| Cash | $ 74,978 | $ | 24,745 |
| Restricted cash | 29,655 | 29,422 | |
| Accounts and other receivables, net |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, a balance sheet comparing January 19, 2025, and September 29, 2024, is provided. It lists prepaid expenses as $8,130 on January 19, 2025, and $13,126 on September 29, 2024. Other current assets are listed as $16,854 on January 19, 2025, and $10,002 on September 29, 2024.
However, the document does not provide the figures for prepaid expenses and other current assets specifically for 2023. The available balance sheet provides a snapshot of these values at two points in time but does not detail the changes that occurred throughout 2023.
To determine the change in prepaid expenses and other current assets for Del Taco in 2023, a prospective franchisee should ask the franchisor for the company's balance sheets from the beginning and end of the 2023 fiscal year. This information is essential for understanding the financial trends and working capital management of the Del Taco franchise.