Noodles & Company (NDLS) — Tangible Net Worth Ratio
Noodles & Company (NDLS) has a Tangible Net Worth Ratio of 86.5% as of September 2024. This metric is calculated by deducting intangible assets ($504.00K) from net assets ($3.73 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Noodles & Company net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Noodles & Company Tangible Net Worth Ratio (2011–2023)
This chart shows how Noodles & Company's Tangible Net Worth Ratio has changed across 13 annual periods from 2011 to 2023. As of September 2024, the ratio stands at 86.5%, reflecting net assets of $3.73 Million with intangible assets of $504.00K USD. Check how strategically is Noodles & Company's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Noodles & Company (2011–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Noodles & Company from 2011 to 2023, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Noodles & Company (NDLS) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 98.0% | $27.16 Million | $538.00K | $368.10 Million | ▼ -0.4 pp |
| 2022 | 98.4% | $38.36 Million | $608.00K | $343.84 Million | ▲ +0.2 pp |
| 2021 | 98.2% | $37.63 Million | $668.00K | $341.46 Million | ▲ +0.8 pp |
| 2020 | 97.5% | $29.70 Million | $757.00K | $353.63 Million | ▼ -0.8 pp |
| 2019 | 98.3% | $50.57 Million | $883.00K | $378.52 Million | ▲ +0.7 pp |
| 2018 | 97.5% | $52.68 Million | $1.29 Million | $172.03 Million | ▲ +1.9 pp |
| 2017 | 95.6% | $35.86 Million | $1.56 Million | $185.23 Million | ▲ +2.3 pp |
| 2016 | 93.4% | $25.82 Million | $1.72 Million | $209.46 Million | ▼ -4.7 pp |
| 2015 | 98.1% | $93.77 Million | $1.81 Million | $239.96 Million | ▼ -0.6 pp |
| 2014 | 98.6% | $140.12 Million | $1.93 Million | $238.90 Million | ▼ -1.1 pp |
| 2013 | 99.7% | $124.47 Million | $351.00K | $169.47 Million | ▼ -0.3 pp |
| 2012 | 100.0% | $14.01 Million | $0.00 | $157.00 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $7.52 Million | $0.00 | $126.33 Million | — |