What amount of debt for The Standardx is categorized as maturing 'Thereafter'?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
or the next five years and thereafter are as follows:
| 2025 | $ 454 |
|---|---|
| 2026 | 405 |
| 2027 | 605 |
| 2028 | 405 |
| 2029 | 651 |
| Thereafte |
Source: Item 10 — OTHER ASSETS (FDD pages 132–156)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the amount of debt categorized as maturing 'Thereafter' is $1,285. This figure represents the portion of The Standardx's total debt that is due beyond the specified years of 2025 through 2029. The total maturities of debt are listed as $3,805.
For a prospective franchisee, understanding the debt structure of the franchisor is crucial. A significant amount of debt maturing 'Thereafter' could indicate long-term financial planning and stability, but it's essential to investigate the terms and conditions of this debt. This includes interest rates, potential refinancing risks, and any covenants that could impact The Standardx's ability to support its franchisees.
It is important to note that the total maturities of debt exclude $4 million of finance lease obligations and $27 million of unamortized discounts and deferred financing fees. This exclusion suggests that the actual total debt is higher than the stated $3,805, and a franchisee should consider these additional liabilities when assessing the financial health of The Standardx.