KPIs & Operating Metrics(New)
Growth Metrics

Noodles (NDLS) Debt to Equity (2016 - 2025)

Noodles (NDLS) has disclosed Debt to Equity for 13 consecutive years, with -$2.78 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Debt to Equity fell 111.75% year-over-year to -$2.78, compared with a TTM value of -$2.78 through Sep 2025, down 111.75%, and an annual FY2024 reading of -$18.06, down 711.38% over the prior year.
  • Debt to Equity was -$2.78 for Q3 2025 at Noodles, up from -$3.46 in the prior quarter.
  • Across five years, Debt to Equity topped out at $23.66 in Q4 2024 and bottomed at -$18.06 in Q4 2024.
  • Average Debt to Equity over 5 years is $1.07, with a median of $1.06 recorded in 2022.
  • Peak annual rise in Debt to Equity hit 1101.12% in 2024, while the deepest fall reached 711.38% in 2024.
  • Year by year, Debt to Equity stood at $0.56 in 2021, then surged by 78.35% to $0.99 in 2022, then surged by 98.26% to $1.97 in 2023, then plummeted by 1016.83% to -$18.06 in 2024, then surged by 84.6% to -$2.78 in 2025.
  • Business Quant data shows Debt to Equity for NDLS at -$2.78 in Q3 2025, -$3.46 in Q3 2025, and -$7.24 in Q2 2025.