Noodles & Company
Noodles & Company, a restaurant concept company, develops and operates fast-casual restaurants in the United States. The company offers cooked-to-order dishes, including noodles and pasta, soups, salads, and appetizers. It also operates company owned and franchise operated locations. Noodles & Company was founded in 1995 and is based in Broomfield, Colorado.
Noodles & Company (NDLS) - Total Assets
Latest total assets as of September 2025: $280.57 Million USD
Based on the latest financial reports, Noodles & Company (NDLS) holds total assets worth $280.57 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Noodles & Company - Total Assets Trend (2011–2024)
This chart illustrates how Noodles & Company’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Noodles & Company - Asset Composition Analysis
Current Asset Composition (December 2024)
Noodles & Company's total assets of $280.57 Million consist of 6.2% current assets and 93.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $4.39 Million | 1.4% |
| Inventory | $10.50 Million | 3.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $495.00K | 0.2% |
| Goodwill | $7.15 Million | 2.2% |
Asset Composition Trend (2011–2024)
This chart illustrates how Noodles & Company's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Noodles & Company's current assets represent 6.2% of total assets in 2024, a decrease from 10.2% in 2011.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 0.4% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is inventory at 3.2% of total assets.
Noodles & Company Competitors by Total Assets
Key competitors of Noodles & Company based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Mr. Onion
TWO:2740
|
Taiwan | NT$124.93 Million |
|
Loungers PLC
LSE:LGRS
|
UK | GBX409.83 Million |
|
Young & Co.'s Brewery P.L.C.
PINK:YCSBF
|
USA | $1.31 Billion |
|
KINGZA International CO.,Ltd.
TWO:2751
|
Taiwan | NT$1.25 Billion |
|
Tofu Restaurant Co Ltd
TWO:2752
|
Taiwan | NT$2.27 Billion |
|
XiAn Catering Co Ltd
SHE:000721
|
China | CN¥1.26 Billion |
|
China Quanjude Group Co Ltd
SHE:002186
|
China | CN¥1.54 Billion |
|
Cloud Live Technology Group Co Ltd
SHE:002306
|
China | CN¥759.24 Million |
Noodles & Company - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Noodles & Company generates 1.52x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Noodles & Company is currently not profitable relative to its asset base.
Noodles & Company - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.34 | 0.31 | 0.41 |
| Quick Ratio | 0.19 | 0.17 | 0.24 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-46.83 Million | $ -52.81 Million | $ -34.41 Million |
Noodles & Company - Advanced Valuation Insights
This section examines the relationship between Noodles & Company's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.87 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -11.8% |
| Total Assets | $324.65 Million |
| Market Capitalization | $25.75 Million USD |
Valuation Analysis
Below Book Valuation: The market values Noodles & Company's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Noodles & Company's assets decreased by 11.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Noodles & Company (2011–2024)
The table below shows the annual total assets of Noodles & Company from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $324.65 Million | -11.80% |
| 2023-12-31 | $368.10 Million | +7.05% |
| 2022-12-31 | $343.84 Million | +0.70% |
| 2021-12-31 | $341.46 Million | -3.44% |
| 2020-12-31 | $353.63 Million | -6.58% |
| 2019-12-31 | $378.52 Million | +120.03% |
| 2018-12-31 | $172.03 Million | -7.13% |
| 2017-12-31 | $185.23 Million | -11.57% |
| 2016-12-31 | $209.46 Million | -12.71% |
| 2015-12-31 | $239.96 Million | +0.44% |
| 2014-12-31 | $238.90 Million | +40.97% |
| 2013-12-31 | $169.47 Million | +7.95% |
| 2012-12-31 | $157.00 Million | +24.28% |
| 2011-12-31 | $126.33 Million | -- |