What was the total liabilities and stockholders' equity for Learningrx in the later reported year?
Learningrx Franchise · 2025 FDDAnswer from 2025 FDD Document
| authorized, issued, and outstanding | 50,000 | 50,000 | |
|---|---|---|---|
| Retained earnings | 942,514 | 773,206 | |
| Total Stockholders' Equity | 992,514 | 823,206 | |
| Total Liabilities and Stockholders' Equity | $ 1,433,773 | $ 1,193,151 |
Source: Item 23 — RECEIPT (FDD pages 54–209)
What This Means (2025 FDD)
According to Learningrx's 2025 Franchise Disclosure Document, the financial statements include balance sheets as of September 30, 2024, and 2023. The total liabilities and stockholders' equity for the year ended September 30, 2024, was $1,433,773.
This figure represents the sum of all debts and obligations Learningrx owes to outside parties (liabilities) plus the value of the company's net worth belonging to its shareholders (stockholders' equity). It is a fundamental accounting equation (Assets = Liabilities + Equity) and indicates the scale and financial structure of the company.
A prospective franchisee can use this information to assess the financial stability and solvency of Learningrx. A higher number suggests a larger asset base and potentially greater financial strength. However, it is important to analyze the components of liabilities and equity to understand the underlying financial health. For instance, a high level of debt could pose a risk, while a strong equity position indicates financial stability.
It is also important to compare these figures with previous years and with other franchise systems in the same industry to get a better understanding of Learningrx's financial performance and position. Reviewing the complete financial statements and notes, as well as consulting with a financial advisor, is recommended for a comprehensive assessment.