What was the total amount of deferred taxes for Even Hotels in 2022?

According to Even Hotels' 2025 Franchise Disclosure Document, the total deferred taxes for the year 2022 were $(27,204). This figure represents the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. A deferred tax liability arises when taxable income is higher than accounting income, indicating that Even Hotels will pay more taxes in the future. Conversely, a deferred tax asset arises when taxable income is lower than accounting income, suggesting that Even Hotels will pay less taxes in the future. The negative value indicates that deferred tax liabilities exceeded deferred tax assets.

For a prospective Even Hotels franchisee, understanding deferred taxes is crucial for assessing the long-term financial health of the company. Deferred taxes can impact future tax obligations and cash flows, which can affect the overall profitability of the franchise. Franchisees should be aware of how these deferred tax liabilities and assets are managed, as they can influence the financial stability of Even Hotels and, consequently, the support and resources available to franchisees.

It's important to note that these deferred tax figures are based on specific accounting methods and tax regulations. Changes in these regulations or the company's accounting practices could affect future deferred tax liabilities and assets. Therefore, prospective franchisees should consult with financial advisors to fully understand the implications of deferred taxes on their investment in an Even Hotels franchise. Additionally, they should inquire about the specific factors contributing to the deferred tax amounts and how Even Hotels plans to manage these obligations in the future.