What was the total cash asset amount for Monicals Pizza as of December 31, 2023?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
| ----------------------------------------- | ---- | ------------ | ---- | ------------ |
|---|---|---|---|---|
| ASSETS | ||||
| Cash | $ | 3,416,311 | $ | 9,525,798 |
| Short-term investments | 5,660,513 | - - | ||
| Accounts receivable | 747,232 | 575,199 |
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 assets totaled $3,416,311 as of December 31, 2023. This figure is part of the consolidated balance sheets, which provide a snapshot of the company's assets, liabilities, and equity at a specific point in time.
The FDD also lists Monicals Pizza's short-term investments as $5,660,513 as of the same date. These short-term investments, combined with the cash assets, represent the company's liquid assets, which can be readily converted into cash.
A prospective franchisee should consider these figures in the context of Monicals Pizza's overall financial health and stability. Analyzing the trend in cash and short-term investments over several years can provide insights into the company's ability to manage its finances and fund future growth. It's also important to compare these figures to those of other similar franchise systems to benchmark Monicals Pizza's financial performance.