Noodles & annual debt-to-equity ratio
2012
2013
2014
2015
2016
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2019
2020
2021
2022
2023
Noodles & Debt-to-Equity Ratio Growth & History (NDLS)
Noodles &'s debt-to-equity ratio was 11.06 for fiscal 2023.
View full Noodles & company overviewNoodles & annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2024-01-02 | 11.06 | 4.08 | +58.52% |
| 2022 | 2023-01-03 | 6.98 | 0.22 | +3.20% |
| 2021 | 2021-12-28 | 6.76 | −2.89 | −29.91% |
| 2020 | 2020-12-29 | 9.65 | 3.91 | +68.31% |
| 2019 | 2019-12-31 | 5.73 | 4.87 | +568.47% |
| 2018 | 2019-01-01 | 0.86 | −0.75 | −46.64% |
| 2017 | 2018-01-02 | 1.61 | −1.67 | −51.01% |
| 2016 | 2017-01-03 | 3.28 | 2.56 | +354.06% |
| 2015 | 2015-12-29 | 0.72 | 0.53 | +272.96% |
| 2014 | 2014-12-30 | 0.19 | 0.14 | +281.92% |
| 2013 | 2013-12-31 | 0.05 | −9.03 | −99.44% |
| 2012 | 2013-01-01 | 9.08 | — | — |
Noodles & quarterly debt-to-equity ratio
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Q2.13
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Q1.14
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Q2.15
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Q2.16
Q3.16
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Q3.24
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2024 | 2024-10-01 | 77.46 | 68.60 | +774.40% |
| Q2 2024 | 2024-07-02 | 30.43 | 22.56 | +286.78% |
| Q1 2024 | 2024-04-02 | 13.40 | 5.84 | +77.31% |
| Q4 2023 | 2024-01-02 | 11.06 | 4.08 | +58.52% |
| Q3 2023 | 2023-10-03 | 8.86 | 1.54 | +21.03% |
| Q2 2023 | 2023-07-04 | 7.87 | 0.44 | +5.95% |
| Q1 2023 | 2023-04-04 | 7.56 | −0.70 | −8.53% |
| Q4 2022 | 2023-01-03 | 6.98 | 0.22 | +3.20% |
| Q3 2022 | 2022-09-27 | 7.32 | 1.00 | +15.82% |
| Q2 2022 | 2022-06-28 | 7.43 | −0.42 | −5.31% |
| Q1 2022 | 2022-03-29 | 8.26 | −1.53 | −15.59% |
| Q4 2021 | 2021-12-28 | 6.76 | −2.89 | −29.91% |
| Q3 2021 | 2021-09-28 | 6.32 | −2.52 | −28.48% |
| Q2 2021 | 2021-06-29 | 7.84 | −3.07 | −28.14% |
| Q1 2021 | 2021-03-30 | 9.79 | 2.23 | +29.49% |
| Q4 2020 | 2020-12-29 | 9.65 | 3.91 | +68.31% |
| Q3 2020 | 2020-09-29 | 8.84 | 3.04 | +52.58% |
| Q2 2020 | 2020-06-30 | 10.91 | 4.49 | +69.81% |
| Q1 2020 | 2020-03-31 | 7.56 | 0.81 | +12.01% |
| Q4 2019 | 2019-12-31 | 5.73 | 4.87 | +568.47% |
| Q3 2019 | 2019-10-01 | 5.79 | 4.87 | +529.84% |
| Q2 2019 | 2019-07-02 | 6.43 | 4.00 | +165.29% |
| Q1 2019 | 2019-04-02 | 6.75 | 4.75 | +237.15% |
| Q4 2018 | 2019-01-01 | 0.86 | −0.75 | −46.64% |
| Q3 2018 | 2018-10-02 | 0.92 | −0.86 | −48.32% |
| Q2 2018 | 2018-07-03 | 2.42 | 1.04 | +74.80% |
| Q1 2018 | 2018-04-03 | 2.00 | 0.44 | +27.77% |
| Q4 2017 | 2018-01-02 | 1.61 | −1.67 | −51.01% |
| Q3 2017 | 2017-10-03 | 1.78 | 0.59 | +50.03% |
| Q2 2017 | 2017-07-04 | 1.39 | 0.40 | +39.98% |
| Q1 2017 | 2017-04-04 | 1.57 | 0.76 | +94.78% |
| Q4 2016 | 2017-01-03 | 3.28 | 2.56 | +354.06% |
| Q3 2016 | 2016-09-27 | 1.19 | 0.57 | +91.40% |
| Q2 2016 | 2016-06-28 | 0.99 | 0.77 | +352.07% |
| Q1 2016 | 2016-03-31 | 0.80 | 0.64 | +397.03% |
| Q4 2015 | 2015-12-29 | 0.72 | 0.53 | +272.96% |
| Q3 2015 | 2015-09-29 | 0.62 | 0.46 | +290.89% |
| Q2 2015 | 2015-06-30 | 0.22 | 0.15 | +199.99% |
| Q1 2015 | 2015-03-31 | 0.16 | 0.11 | +210.72% |
| Q4 2014 | 2014-12-30 | 0.19 | 0.14 | +281.92% |
| Q3 2014 | 2014-09-30 | 0.16 | 0.14 | +1032.84% |
| Q2 2014 | 2014-07-01 | 0.07 | 0.07 | +4105.33% |
| Q1 2014 | 2014-04-01 | 0.05 | — | — |
| Q4 2013 | 2013-12-31 | 0.05 | −9.03 | −99.44% |
| Q3 2013 | 2013-10-01 | 0.01 | — | — |
| Q2 2013 | 2013-07-02 | 0.00 | — | — |
| Q4 2012 | 2013-01-01 | 9.08 | — | — |
Noodles & debt-to-equity ratio trends
Over the last five fiscal years, Noodles &'s debt-to-equity ratio increased from 0.86 to 11.06, a change of 10.20. The latest reported quarter, Q3 2024, shows 77.46.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Noodles & source filings ↗