NOODLES & Co Balance Sheet
NDLS|12 years of annual SEC 10-K data (FY2013-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 12 fiscal years. All figures from audited SEC 10-K filings.
NOODLES & Co had $262M in total assets with negative shareholders' equity of $45M as of FY2025. Total debt was $109M against $1M in cash, resulting in $108M net debt.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.60 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.3M | $1.1M | $1.5M | $2.3M | $7.8M | $10.5M | $4.7M | $1.8M | $1.8M | $968.0K | $1.9M | $523.0K |
| Accounts Receivable | $4.1M | $4.1M | $6.4M | $4.0M | $3.4M | $3.5M | $2.4M | $2.4M | $5.4M | $5.0M | $4.6M | $4.2M |
| Inventory | $10.2M | $10.5M | $10.0M | $9.4M | $9.6M | $9.9M | $9.6M | $9.9M | $11.3M | $10.5M | $9.4M | $7.2M |
| Current Assets | $18.9M | $20.2M | $21.6M | $22.6M | $23.7M | $29.3M | $23.4M | $22.1M | $25.8M | $25.4M | $22.8M | $18.3M |
| PP&E (Net) | - | - | $129.4M | - | $122.9M | $128.9M | $138.8M | $152.6M | $173.5M | $203.7M | $205.6M | $167.6M |
| Goodwill | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $7.2M | $6.4M | $6.4M | $6.4M | $6.4M | $6.4M | - |
| Total Assets | $261.7M | $324.6M | $343.8M | $341.5M | $353.6M | $378.5M | $172.0M | $185.2M | $209.5M | $240.0M | $238.5M | $187.8M |
| Current Liabilities | $61.8M | $65.7M | $64.1M | $76.6M | $58.1M | $58.0M | $33.1M | $43.9M | $49.0M | $32.9M | $25.8M | $24.2M |
| Total Debt | $108.8M | $100.7M | $46.1M | $18.9M | $40.9M | $42.6M | $46.6M | $57.6M | $85.4M | $67.7M | $27.1M | $6.3M |
| Shareholders' Equity | -$45.3M | -$5.6M | $29.7M | $37.6M | $52.7M | $50.6M | $52.7M | $35.9M | $25.8M | $124.5M | $140.1M | $5.0M |