Noodles Balance Sheet Health
Financial Health criteria checks 0/6
Noodles has a total shareholder equity of $-38.9M and total debt of $108.2M, which brings its debt-to-equity ratio to -278%. Its total assets and total liabilities are $280.6M and $319.5M respectively.
Key information
-278.05%
Debt to equity ratio
US$108.16m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.69m |
| Equity | -US$38.90m |
| Total liabilities | US$319.47m |
| Total assets | US$280.57m |
Recent financial health updates
Is Noodles (NASDAQ:NDLS) A Risky Investment?
Feb 19
These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way
May 22Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden
Jan 12Recent updates
Earnings Release: Here's Why Analysts Cut Their Noodles & Company (NASDAQ:NDLS) Price Target To US$1.75
Nov 07Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel
Aug 13
New Premium Menu And Operational Excellence Will Drive Hospitality Progress
New menu items and operational improvements are set to drive revenue growth through higher average checks and improved guest satisfaction.The Market Doesn't Like What It Sees From Noodles & Company's (NASDAQ:NDLS) Revenues Yet As Shares Tumble 28%
Mar 15Is Noodles (NASDAQ:NDLS) A Risky Investment?
Feb 19Noodles & Company's (NASDAQ:NDLS) Share Price Boosted 62% But Its Business Prospects Need A Lift Too
Jan 23Noodles & Company (NASDAQ:NDLS) Shares Fly 62% But Investors Aren't Buying For Growth
Jan 23Returns On Capital At Noodles (NASDAQ:NDLS) Paint A Concerning Picture
Oct 24Insufficient Growth At Noodles & Company (NASDAQ:NDLS) Hampers Share Price
Sep 07The Returns On Capital At Noodles (NASDAQ:NDLS) Don't Inspire Confidence
Jun 12These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way
May 22Investors 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 16Financial Position Analysis
Short Term Liabilities: NDLS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NDLS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NDLS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NDLS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 46% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/31 09:25 |
| End of Day Share Price | 2025/12/30 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Noodles & Company is covered by 17 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Tarantino | Baird |
| Jeffrey Bernstein | Barclays |
| Todd Brooks | Benchmark Company |