table_specific

What was the total value of The Standardx's total assets as of December 31, 2024?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 1,011 $ 881
Restricted cash 1 34
Short-term investments 372 15
1,121 883
Inventories 8 9
Prepaids and other assets 174 195
Prepaid income taxes 46 51
Assets held for sale 62
Total current assets 2,733 2,130
Equity method investments 189 211
Property and equipment, net 1,689 2,340
Financing receivables, net of allowances of $36 and $42 at December 31, 2024 and December 31, 2023, respectively 368 73
Operating lease right-of-use assets 328 369
Goodwill 2,541 3,205
Intangibles, net 2,167 1,670
Deferred tax assets 466 358
Other assets 2,843 2,477
TOTAL ASSETS $ 13,324 $ 12,833

Source: Item 23 — Receipts (FDD pages 85–132)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, the company's total assets as of December 31, 2024, were valued at $13,324 million. This figure represents the sum of all assets The Standardx owns, including cash, investments, property, equipment, and intangible assets. For comparison, the total assets as of December 31, 2023, were $12,833 million.

Breaking down the assets, current assets totaled $2,733 million, which includes liquid assets like cash and short-term investments. Non-current assets, which are not easily converted to cash, include equity method investments ($189 million), property and equipment net of depreciation ($1,689 million), financing receivables ($368 million), operating lease right-of-use assets ($328 million), goodwill ($2,541 million), intangibles net of amortization ($2,167 million), deferred tax assets ($466 million), and other assets ($2,843 million).

These figures are important for prospective franchisees as they provide a snapshot of The Standardx's financial health and stability. A strong asset base can indicate the company's ability to support its franchisees and invest in future growth. However, it is also important to consider the composition of these assets, as some may be less liquid or subject to valuation adjustments, as noted in the document regarding fair value estimates and potential changes during the measurement period. Franchisees should consult with a financial advisor to fully understand the implications of these figures.

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.