What was the total value of Dq Treat's current assets as of December 31, 2024?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
gregate, they would influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with GAAS, we:
- Exercise professional judgment and maintain professional skepticism throughout the audit.
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
- Obtain an understanding of internal control relevant
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 company's total current assets as of December 31, 2024, were $132,080. This figure represents the sum of Dq Treat's assets that are expected to be converted to cash or used up within one year. These assets include cash, accounts receivable, income tax receivable, cash pooling receivable from affiliate, inventories, and prepaid expenses.
Understanding the composition and value of current assets is crucial for prospective franchisees. It provides insights into the company's short-term financial health and its ability to meet its immediate obligations. A healthy level of current assets indicates that Dq Treat is well-positioned to manage its day-to-day operations and invest in future growth.
In addition to the total current assets, the FDD also provides a breakdown of the individual components, such as cash and cash equivalents ($27,271), notes and accounts receivable ($50,352), and income tax receivable ($7,731). Reviewing these individual figures can give a more detailed understanding of the company's financial position. Comparing these figures to the previous year, 2023, can also reveal trends in Dq Treat's asset management and overall financial performance.
Prospective franchisees should analyze these figures carefully and compare them to industry benchmarks to assess the financial stability and growth potential of Dq Treat. It is also advisable to consult with a financial advisor to fully understand the implications of these financial statements.