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What was the net cash paid for interest by Hardees in fiscal year 2024?

Hardees Franchise · 2025 FDD

Answer from 2025 FDD Document

ve were not significant as of January 31, 2025 and 2024.

We believe that it is reasonably possible that decreases in unrecognized tax benefits of up to $811 may be necessary within the coming fiscal year as a result of statutes closing on such items. In

Source: Item 21 — Financial Statements (FDD pages 84–85)

What This Means (2025 FDD)

According to Hardees's 2025 Franchise Disclosure Document, the net cash paid for interest in fiscal year 2024 was $59,155. This figure is net of any amounts that Hardees capitalized during that fiscal year.

For a prospective Hardees franchisee, understanding the interest paid by the company can provide insight into its financial obligations and capital structure. This information, when compared to revenue and other expenses, can help assess the company's profitability and financial health. It's important to note that this figure represents the interest paid by the company itself and may not directly reflect the financing terms a new franchisee might obtain.

Franchisees should consider this figure in the context of Hardees's overall financial statements, including its balance sheets and income statements, to gain a comprehensive understanding of the company's financial position. Additionally, prospective franchisees should inquire about any trends in interest payments and the factors that may influence these payments in the future, such as changes in interest rates or debt levels.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.