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Growth Metrics

Noodles (NDLS) Debt Ratio (2016 - 2025)

Noodles (NDLS) has disclosed Debt Ratio for 13 consecutive years, with 0.39 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Debt Ratio rose 41.64% year-over-year to 0.39, compared with a TTM value of 0.39 through Sep 2025, up 41.64%, and an annual FY2024 reading of 0.31, up 42.39% over the prior year.
  • Debt Ratio was 0.39 for Q3 2025 at Noodles, up from 0.36 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.39 in Q3 2025 and bottomed at 0.06 in Q4 2021.
  • Average Debt Ratio over 5 years is 0.19, with a median of 0.17 recorded in 2023.
  • The sharpest move saw Debt Ratio crashed 53.42% in 2021, then soared 118.16% in 2023.
  • Year by year, Debt Ratio stood at 0.06 in 2021, then skyrocketed by 71.51% to 0.11 in 2022, then skyrocketed by 64.9% to 0.17 in 2023, then skyrocketed by 78.72% to 0.31 in 2024, then rose by 24.23% to 0.39 in 2025.
  • Business Quant data shows Debt Ratio for NDLS at 0.39 in Q3 2025, 0.36 in Q3 2025, and 0.31 in Q2 2025.