KPIs & Operating Metrics(New)
Growth Metrics

Noodles (NDLS) Interest Coverage Ratio (2016 - 2025)

Noodles (NDLS) has disclosed Interest Coverage Ratio for 13 consecutive years, with 2.24 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Interest Coverage Ratio rose 3.05% year-over-year to 2.24, compared with a TTM value of 2.6 through Sep 2025, up 14.33%, and an annual FY2024 reading of 3.31, down 216.55% over the prior year.
  • Interest Coverage Ratio was 2.24 for Q3 2025 at Noodles, up from 5.37 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 12.47 in Q2 2021 and bottomed at 13.9 in Q1 2022.
  • Average Interest Coverage Ratio over 5 years is 1.32, with a median of 2.19 recorded in 2021.
  • The sharpest move saw Interest Coverage Ratio surged 919.67% in 2021, then tumbled 2071.11% in 2024.
  • Year by year, Interest Coverage Ratio stood at 11.82 in 2021, then surged by 117.61% to 2.08 in 2022, then plummeted by 112.77% to 0.27 in 2023, then crashed by 435.14% to 1.42 in 2024, then tumbled by 57.23% to 2.24 in 2025.
  • Business Quant data shows Interest Coverage Ratio for NDLS at 2.24 in Q3 2025, 5.37 in Q3 2025, and 2.41 in Q2 2025.