What was the total Comprehensive Income (Loss) for Gold Star?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
| Gold Star Chili, Inc. Stockholders' Equity | ||||
|---|---|---|---|---|
| Common Stock, No Par Value; 10,000 Shares | ||||
| Authorized, Issued and Outstanding | 1 ,000 | 1,000 | 1,000 | |
| Paid-In Capital | 212,680 | 212,680 | 212,680 | |
| Retained (Deficit) Earnings | (537,818) | (295,263) | 350,576 | |
| Accumulated Other Comprehensive Income (Loss) | 1 94,930 | 132,610 | 389,268 | |
| Stockholders' (Deficit) Equity | (129,208) | 51,027 | 9 53,524 | |
| Non-Controlling Interest in GSC Properties, LLC | 8,457,889 | 7 ,531,345 | 6 ,674,814 | |
| Accumulated Other Comprehensive Income | 1 13,503 | 7 7,216 | 2 26,662 |
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, the company's financial statements include a breakdown of comprehensive income (loss) within the Stockholders' Equity section. For Gold Star Chili, Inc., the Accumulated Other Comprehensive Income (Loss) was $194,930 as of December 31, 2024. This figure represents the accumulation of profits or losses outside of net income, such as unrealized gains or losses on investments.
Additionally, the financial statements also show the Accumulated Other Comprehensive Income for GSC Properties, LLC, which was $113,503 as of the same date. These values are components of the overall equity position of each entity within the Gold Star Chili, Inc. organization.
Prospective franchisees should understand that comprehensive income provides a broader view of a company's financial performance beyond just net income. Reviewing these figures over several years, as presented in the FDD, can reveal trends and insights into the company's overall financial health and stability. It is important to consult with a financial advisor to fully understand the implications of these figures for your investment.