What was the total value of Monicals Pizza's short-term investments in 2024?
Monicals_Pizza Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company defines cash and cash equivalents as highly liquid, short-term investments with a maturity at the date of acquisition of three months or less.
SHORT-TERM INVESTMENTS:
Certificate of deposits held for investment with an original maturity greater than three months are carried at amortized cost and reported as short-term investments on the consolidated balance sheets. The types of certificate of deposits the Company invests in are not considered debt securities under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 320, Investments-Debt Securities.
Source: Item 23 — RECEIPTS (FDD pages 46–257)
What This Means (2025 FDD)
According to Monicals Pizza's 2025 Franchise Disclosure Document, the company defines short-term investments as highly liquid investments with a maturity of three months or less. These are considered cash equivalents. The document also states that certificates of deposit held for investment with an original maturity greater than three months are carried at amortized cost and reported as short-term investments on the consolidated balance sheets. However, the 2025 FDD does not specify the total value of Monicals Pizza's short-term investments for 2024.
Without this specific figure, prospective franchisees cannot assess the company's liquidity or how much it holds in readily accessible investments. This information is important for understanding the company's financial health and stability.
To gain clarity, a prospective Monicals Pizza franchisee should ask the franchisor directly about the total value of their short-term investments as of December 31, 2024. Requesting the balance sheets for 2023 and 2024 would also provide a clearer picture of the company's financial position and trends.