Noodles Balance Sheet Health
Financial Health criteria checks 0/6
Noodles has a total shareholder equity of $27.2M and total debt of $80.2M, which brings its debt-to-equity ratio to 295.4%. Its total assets and total liabilities are $368.1M and $340.9M respectively. Noodles's EBIT is $4.9M making its interest coverage ratio 1. It has cash and short-term investments of $3.0M.
Key information
295.4%
Debt to equity ratio
US$80.22m
Debt
| Interest coverage ratio | 1x |
| Cash | US$3.01m |
| Equity | US$27.16m |
| Total liabilities | US$340.94m |
| Total assets | US$368.10m |
Recent financial health updates
Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden
Jan 12
Is Noodles (NASDAQ:NDLS) A Risky Investment?
Aug 16Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?
Apr 14Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet
Aug 03Is Noodles (NASDAQ:NDLS) Using Too Much Debt?
Mar 18Recent updates
Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%
Apr 28Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge
Mar 14Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business
Mar 10Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden
Jan 12Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 02Is Noodles (NASDAQ:NDLS) A Risky Investment?
Aug 16There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital
May 12Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?
Apr 14Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger
Jan 15Noodles & Company: High-Risk, High-Reward
Oct 09Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate
Sep 02Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet
Aug 03Noodles & Company GAAP EPS of $0.03 misses by $0.04, revenue of $131.1M beats by $0.19M
Jul 27Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)
Jul 11Is Noodles (NASDAQ:NDLS) Using Too Much Debt?
Mar 18Calculating The Intrinsic Value Of Noodles & Company (NASDAQ:NDLS)
Feb 28Noodles (NASDAQ:NDLS) Shareholders Will Want The ROCE Trajectory To Continue
Feb 11Noodles & Co.: Further Weakness Should Present A Buying Opportunity
Feb 07Noodles & Company: Growth At A Very Reasonable Price
Nov 24Noodles & Company: On Track For An Earnings Breakout In 2022
Oct 25Noodles & Company: Another Solid Quarter For This Turnaround Story
Aug 12Financial Position Analysis
Short Term Liabilities: NDLS's short term assets ($22.6M) do not cover its short term liabilities ($67.5M).
Long Term Liabilities: NDLS's short term assets ($22.6M) do not cover its long term liabilities ($273.4M).
Debt to Equity History and Analysis
Debt Level: NDLS's net debt to equity ratio (284.3%) is considered high.
Reducing Debt: NDLS's debt to equity ratio has increased from 90.4% to 295.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: NDLS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NDLS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.8% each year