What was the amount of additional paid-in capital for Gokhale Method as of January 1, 2022?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| Common Stock Voting Shares | Common Stock Non-Voting Shares | Common Stock Amount | itional paid n capital | etained arnings | Total ockholders' Equity | ||
|---|---|---|---|---|---|---|---|
| Balance at January 1, 2022 | 500 | $ | 5 | $ 1 |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the additional paid-in capital as of January 1, 2022, was $100,657. This figure represents the excess amount paid by investors over the par value of the company's stock. It is a component of the total stockholders' equity.
For a prospective Gokhale Method franchisee, understanding the additional paid-in capital can provide insights into the company's financial structure and how it has been funded. It reflects the confidence investors have placed in the company. A higher amount of additional paid-in capital can indicate a stronger financial position.
It's important to note that while additional paid-in capital provides a snapshot of the company's equity, it should be analyzed in conjunction with other financial metrics such as retained earnings, total liabilities, and overall assets to gain a comprehensive understanding of Gokhale Method's financial health. Reviewing these figures over time, as presented in the provided tables, can reveal trends and potential areas of concern or strength.