What was the total current assets reported for Hardee's Restaurants LLC?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| Carl's Jr. Restaurants LLC | Carl's Jr. Funding LLC | Carl's Jr. SPV Guarantor LLC | Hardee's Restaurants LLC | Hardee's Funding LLC | Hardee's SPV Guarantor LLC | Eliminations | The CKE Securitization Entities | |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | $ 2,117 | $ 3,996 | $ | $ 3,685 | $ 2,542 | $ | $ | $ 12,340 |
| Cash and cash equivalents - restricted | 15,942 | _ | _ | _ | _ | _ | 15,942 | |
| Accounts receivable, net | 11,160 | _ | _ | 10,588 | _ | _ | _ | 21,748 |
| Due from affiliates | 11,625 | 20,328 | _ | 56,241 | 238 | _ | (88,007) | 425 |
| Inventories | 559 | _ | _ | 2,293 | _ | _ | 2,852 | |
| Prepaid expenses | 112 | 22 | _ | 314 | 22 | _ | 470 | |
| Other current assets | 79 | _ | _ | _ | _ | _ | 79 | |
| Total current assets | 25,652 | 40,288 | _ | 73,121 | 2,802 | _ | (88,007) | 53,856 |
| | Carl's Jr. Restaurants LLC | Carl's Jr. Funding LLC | Carl's Jr. SPV Guarantor LLC | Hardee's Restaurants LLC | Hardee's Funding LLC | Hardee's SPV Guarantor LLC | Eliminations | The CKE Securitization Entities | |-------------------------------------------------------|-------------------------------|----------------及ひ-----------|---------------------------------|-----------------------------|-------------------------|-------------------------------|--------------|---------------------------------------| | ASSETS | | | | | | | | | | Current assets: | | | | | | | | | | Cash and cash equivalents | $ 1,627 | , | $ | $ 3,555 | $ 977 | $ — | $ — | $ 7,320 | | Cash and cash equivalents - restricted | _ | 16,053 | _ | _ | _ | _ | _ | 16,053 | | Accounts receivable, net | 10,663 | _ | _ | 10,036 | _ | _ | _ | 20,699 | | Due from affiliates | 6,860 | 20,696 | _ | 52,060 | 215 | _ | (79,292) | 539 | | Inventories | 562 | _ | _ | 2,411 | _ | _ | _ | 2,973 | | Prepaid expenses | _ | 16 | _ | 137 | 20 | _ | _ | 173 | | Other current assets | 83 | | | | | | | 83 | | Total current assets | 19,795 | 37,926 | _ | 68,199 | 1,212 | _ | (79,292) | 47,840 |
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardee's 2025 Franchise Disclosure Document, the total current assets for Hardee's Restaurants LLC is detailed in the financial statements. The provided excerpts show two different values for total current assets in two different tables.
In the first table, Hardee's Restaurants LLC reported total current assets of $73,121. This figure is part of a larger balance sheet that includes various asset categories such as cash and cash equivalents ($3,685), accounts receivable net ($10,588), due from affiliates ($56,241), inventories ($2,293), and prepaid expenses ($314). These individual components add up to the total current assets.
The second table lists Hardee's Restaurants LLC with total current assets of $68,199. This total is comprised of cash and cash equivalents ($3,555), accounts receivable net ($10,036), due from affiliates ($52,060), inventories ($2,411), and prepaid expenses ($137). It is important for a prospective franchisee to understand the composition and changes in these figures, as they reflect the company's short-term financial health and operational efficiency. A potential franchisee should inquire about the specific accounting period each table represents to reconcile the difference.