What was the net carrying value on January 1, 2024, for Dq Treat?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Net carrying value—January 1 | $ 92,214 | $ 92,162 |
| Foreign currency translation | (191) | 52 |
| Net carrying value—December 31 | $ 92,023 | $ 92,214 |
Source: Item 17 — The following paragraph is added to the end of Item 17 of the Disclosure Document: (FDD pages 70–378)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the net carrying value on January 1, 2024, was $92,214. The FDD also provides the net carrying value on January 1, 2023, which was $92,162. The document further breaks down changes affecting the net carrying value, including foreign currency translation.
The foreign currency translation had an impact of $(191) in 2024 and $52 in 2023. This ultimately resulted in a net carrying value of $92,023 on December 31, 2024, and $92,214 on December 31, 2023.
For a prospective franchisee, understanding the net carrying value can be important for assessing the overall financial health and stability of Dq Treat. It provides insight into the company's assets and how they are valued, as well as the impact of factors like foreign currency fluctuations on those values. Reviewing these figures over multiple years, as presented in the table, can help identify trends and potential areas of concern or strength.