What was the total equity for The Standardx as of December 31, 2024?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
| March 31, 2025 | December 31, 2024 | |
|---|---|---|
| Cash and cash equivalents | $ 1 | $ 2 |
| Receivables | 30 | 15 |
| Total current assets | 31 | 17 |
| Operating lease right-of-use assets | 1 | 1 |
| Goodwill | 163 | 147 |
| Intangibles, net | 534 | 515 |
| Other assets | 53 | 50 |
| Total assets | $ 782 | $ 730 |
| Accounts payable | $ 16 | $ 15 |
| Accrued expenses and other current liabilities | 1 | 1 |
| Total current liabilities | 17 | 16 |
| Long-term operating lease liabilities | 1 | 1 |
| Other long-term liabilities | 169 | 161 |
| Total liabilities | $ 187 | $ 178 |
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's total equity cannot be determined from the provided excerpts. While the document includes a condensed consolidated balance sheet, it only lists total assets and total liabilities as of December 31, 2024.. Specifically, total assets were reported as $730 million and total liabilities as $178 million. The FDD does not explicitly state the total equity.
To calculate the total equity, one would typically subtract total liabilities from total assets. However, since the FDD excerpt does not provide the calculated equity figure, a prospective franchisee would need to request this information directly from The Standardx to fully understand the company's financial position.
Understanding the equity is crucial for assessing the financial health and stability of The Standardx. Franchisees should inquire about the components of equity, such as retained earnings and contributed capital, to gain a comprehensive view. This information is essential for making an informed investment decision.