Noodles Balance Sheet Health
Financial Health criteria checks 0/6
Noodles has a total shareholder equity of $3.7M and total debt of $88.4M, which brings its debt-to-equity ratio to 2365.7%. Its total assets and total liabilities are $340.5M and $336.8M respectively.
Key information
2,365.7%
Debt to equity ratio
US$88.36m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.31m |
| Equity | US$3.74m |
| Total liabilities | US$336.80m |
| Total assets | US$340.54m |
Recent financial health updates
These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way
May 22
Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden
Jan 12Is 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
Returns 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 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 18Financial Position Analysis
Short Term Liabilities: NDLS's short term assets ($23.4M) do not cover its short term liabilities ($76.2M).
Long Term Liabilities: NDLS's short term assets ($23.4M) do not cover its long term liabilities ($260.6M).
Debt to Equity History and Analysis
Debt Level: NDLS's net debt to equity ratio (2277.1%) is considered high.
Reducing Debt: NDLS's debt to equity ratio has increased from 84.4% to 2365.7% 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 36.4% each year