factual

What is the latest contractual maturity date for the time deposits held by The Standardx?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

(1) Time deposits have contractual maturities on various dates through 2027. The amortized cost of our time deposits approximates fair value.

Source: Item 1 — Financial Statements. (FDD pages 156–187)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, the company holds time deposits with contractual maturities on various dates through 2027. This indicates that The Standardx has invested a portion of its assets in time deposits that will mature at different points in time, with the latest maturity date extending to 2027.

For a prospective franchisee, this information provides insight into The Standardx's financial management practices. Knowing that the company invests in time deposits maturing as far out as 2027 suggests a longer-term financial planning horizon. This could be seen as a positive sign, indicating that The Standardx is not solely focused on short-term gains but is also considering its financial stability and investment returns over the coming years.

However, it is important to note that the FDD excerpt only mentions the latest maturity date and does not provide details on the amounts or specific terms of these time deposits. A potential franchisee might want to inquire further about the distribution of these maturities, the interest rates earned, and the financial institutions holding these deposits to gain a more comprehensive understanding of The Standardx's investment strategy and risk profile.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.