What was the cash and cash equivalents balance at the end of 2024 for Monicals Pizza?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 567,138 | (6,109,487) |
| Cash and cash equivalents at beginning of year | 3,416,311 | 9,525,798 |
| CASH AND CASH EQUIVALENTS AT END OF YEAR | $ 3,983,449 | $ 3,416,311 |
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the company's cash and cash equivalents at the end of 2024 totaled $3,983,449. This figure represents the amount of readily available cash and short-term investments that Monicals Pizza had on hand as of December 31, 2024. In comparison, the cash and cash equivalents at the end of 2023 was $3,416,311.
Cash and cash equivalents are vital for covering immediate expenses, managing unforeseen financial challenges, and investing in growth opportunities. A healthy balance of these assets indicates the company's financial stability and its capacity to meet short-term obligations. For prospective franchisees, this information offers insight into the financial health of Monicals Pizza and its ability to support its franchise network.
The consolidated statements of cash flows provide a detailed overview of how Monicals Pizza generates and uses cash, which is essential for assessing the company's overall financial performance. The statement includes cash flows from operating, investing, and financing activities, offering a comprehensive view of the company's financial management practices. Reviewing these statements can help potential franchisees understand how Monicals Pizza manages its finances and sustains its operations.