Noodles & Company (NDLS) — Net Asset Quality Index
Noodles & Company (NDLS) has a Net Asset Quality Index of -19.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $246.31 Million minus total liabilities of $294.36 Million yields net assets of $-48.04 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Noodles & Company earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Noodles & Company Net Asset Quality Index Over Time (2011–2025)
This chart shows how Noodles & Company's Net Asset Quality Index has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the index stands at -19.5%, representing net assets of $-48.04 Million against total assets of $246.31 Million USD. See NDLS book value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Noodles & Company (2011–2025)
The table below presents the year-by-year Net Asset Quality Index for Noodles & Company from 2011 to 2025, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see how much is Noodles & Company worth.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -17.3% | $-45.30 Million | $261.67 Million | $306.98 Million | ▼ -15.6 pp |
| 2024 | -1.7% | $-5.58 Million | $324.65 Million | $330.23 Million | ▼ -9.1 pp |
| 2023 | 7.4% | $27.16 Million | $368.10 Million | $340.94 Million | ▼ -3.8 pp |
| 2022 | 11.2% | $38.36 Million | $343.84 Million | $305.48 Million | ▲ +0.1 pp |
| 2021 | 11.0% | $37.63 Million | $341.46 Million | $303.83 Million | ▲ +2.6 pp |
| 2020 | 8.4% | $29.70 Million | $353.63 Million | $323.93 Million | ▼ -5.0 pp |
| 2019 | 13.4% | $50.57 Million | $378.52 Million | $327.95 Million | ▼ -17.3 pp |
| 2018 | 30.6% | $52.68 Million | $172.03 Million | $119.35 Million | ▲ +11.3 pp |
| 2017 | 19.4% | $35.86 Million | $185.23 Million | $149.37 Million | ▲ +7.0 pp |
| 2016 | 12.3% | $25.82 Million | $209.46 Million | $183.64 Million | ▼ -26.8 pp |
| 2015 | 39.1% | $93.77 Million | $239.96 Million | $146.19 Million | ▼ -19.6 pp |
| 2014 | 58.6% | $140.12 Million | $238.90 Million | $98.79 Million | ▼ -14.8 pp |
| 2013 | 73.4% | $124.47 Million | $169.47 Million | $45.00 Million | ▲ +64.5 pp |
| 2012 | 8.9% | $14.01 Million | $157.00 Million | $142.99 Million | ▲ +3.0 pp |
| 2011 | 6.0% | $7.52 Million | $126.33 Million | $118.80 Million | — |