What is the total amount of current liabilities for The Standardx?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| LIABILITIES AND MEMBER'S EQUITY | |
|---|---|
| CURRENT LIABILITIES: | |
| Accounts payable and accrued expenses | $ 95,719 |
| Current contract liabilities | 329,024 |
| Total current liabilities | 424,743 |
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, the company's total current liabilities amount to $424,743. This figure represents the sum of accounts payable and accrued expenses, which total $95,719, and current contract liabilities, which amount to $329,024. These are obligations that The Standardx expects to settle within a year.
For a prospective franchisee, understanding the franchisor's financial health is crucial. Current liabilities indicate the company's short-term financial obligations. A high level of current liabilities relative to current assets could suggest potential liquidity issues, while a lower level might indicate a stronger short-term financial position.
It's important to note that while the FDD provides this snapshot, franchisees should conduct their own due diligence, potentially consulting with a financial advisor, to fully assess the financial stability of The Standardx. This includes analyzing trends in liabilities over time and comparing them to industry benchmarks.