NDLS Financial Statements

Balance sheet, income statement, cash flow, and dividends for Noodles & Co (NDLS).


$139.73M Market Cap.

As of 03/08/2024 5:00 PM ET (MRY) • Disclaimer

NDLS Market Cap. (MRY)


NDLS Shares Outstanding (MRY)


NDLS Assets (MRY)


Total Assets

$368.10M

Total Liabilities

$340.94M

Total Investments

$0

NDLS Income (MRY)


Revenue

$503.40M

Net Income

-$9.86M

Operating Expense

$135.16M

NDLS Cash Flow (MRY)


CF Operations

$27.50M

CF Investing

-$51.80M

CF Financing

$25.80M

NDLS Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

0%

0%

-

2019

$0

0%

-

0%

-

NDLS Balance Sheet (MRY)


Metric

2023

2022

2021

2020

Total Assets

$368,095,000 (7.05%)

$343,843,000 (0.70%)

$341,459,000 (-3.44%)

$353,631,000 (-6.58%)

Assets Current

$22,624,000 (4.57%)

$21,636,000 (-4.10%)

$22,562,000 (-4.86%)

$23,714,000 (-19.13%)

Assets Non-Current

$345,471,000 (7.22%)

$322,207,000 (1.04%)

$318,897,000 (-3.34%)

$329,917,000 (-5.52%)

Goodwill & Intangible Assets

$7,692,000 (-0.90%)

$7,762,000 (-0.77%)

$7,822,000 (-1.13%)

$7,911,000 (-1.57%)

Shareholders Equity

$27,160,000 (-29.20%)

$38,364,000 (1.94%)

$37,633,000 (26.71%)

$29,699,000 (-41.27%)

Property Plant & Equipment Net

$336,033,000 (7.43%)

$312,778,000 (1.65%)

$307,716,000 (-3.40%)

$318,535,000 (-5.92%)

Cash & Equivalents

$3,013,000 (97.83%)

$1,523,000 (-32.46%)

$2,255,000 (-71.24%)

$7,840,000 (-25.04%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$10,251,000 (2.06%)

$10,044,000 (6.81%)

$9,404,000 (-2.48%)

$9,643,000 (-2.31%)

Trade & Non-Trade Receivables

$5,144,000 (-20.16%)

$6,443,000 (62.78%)

$3,958,000 (15.46%)

$3,428,000 (-2.14%)

Trade & Non-Trade Payables

$16,691,000 (9.03%)

$15,308,000 (-1.51%)

$15,543,000 (142.78%)

$6,402,000 (-31.54%)

Accumulated Retained Earnings (Deficit)

-$148,244,000 (-7.12%)

-$138,388,000 (-2.45%)

-$135,074,000 (2.64%)

-$138,739,000 (-20.14%)

Tax Assets

$337,000 (91.48%)

$176,000 (62.96%)

$108,000 (145.45%)

$44,000 (-57.28%)

Tax Liabilities

$255,000 (11.35%)

$229,000 (-14.87%)

$269,000 (12.08%)

$240,000 (20.00%)

Total Debt

$296,607,000 (13.23%)

$261,952,000 (5.70%)

$247,822,000 (-11.05%)

$278,622,000 (-3.60%)

Debt Current

$30,104,000 (5.33%)

$28,581,000 (-0.23%)

$28,648,000 (5.25%)

$27,219,000 (15.70%)

Debt Non-Current

$266,503,000 (14.20%)

$233,371,000 (6.48%)

$219,174,000 (-12.82%)

$251,403,000 (-5.31%)

Total Liabilities

$340,935,000 (11.61%)

$305,479,000 (0.54%)

$303,826,000 (-6.21%)

$323,932,000 (-1.22%)

Liabilities Current

$67,514,000 (5.30%)

$64,113,000 (-16.28%)

$76,582,000 (31.74%)

$58,129,000 (0.16%)

Liabilities Non-Current

$273,421,000 (13.28%)

$241,366,000 (6.21%)

$227,244,000 (-14.51%)

$265,803,000 (-1.52%)

NDLS Income Statement (MRY)


Metric

2023

2022

2021

2020

Revenues

$503,405,000 (-1.19%)

$509,480,000 (7.22%)

$475,152,000 (20.70%)

$393,655,000 (-14.87%)

Cost of Revenue

$373,269,000 (-2.82%)

$384,102,000 (10.65%)

$347,119,000 (17.54%)

$295,329,000 (-11.69%)

Selling General & Administrative Expense

$97,758,000 (2.78%)

$95,116,000 (1.74%)

$93,491,000 (4.27%)

$89,663,000 (-2.87%)

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$135,165,000 (7.10%)

$126,210,000 (3.27%)

$122,216,000 (3.26%)

$118,355,000 (-3.42%)

Interest Expense

$4,803,000 (96.44%)

$2,445,000 (17.44%)

$2,082,000 (-33.82%)

$3,146,000 (6.93%)

Income Tax Expense

$24,000 (-35.14%)

$37,000 (-47.14%)

$70,000 (-16.67%)

$84,000 (-19.23%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$9,856,000 (-197.40%)

-$3,314,000 (-190.42%)

$3,665,000 (115.76%)

-$23,259,000 (-1512.20%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$9,856,000 (-197.40%)

-$3,314,000 (-190.42%)

$3,665,000 (115.76%)

-$23,259,000 (-1512.20%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$9,856,000 (-197.40%)

-$3,314,000 (-190.42%)

$3,665,000 (115.76%)

-$23,259,000 (-1512.20%)

Weighted Average Shares

$45,863,719 (-0.11%)

$45,913,787 (0.95%)

$45,483,029 (2.73%)

$44,272,474 (0.53%)

Weighted Average Shares Diluted

$45,863,719 (-0.11%)

$45,913,787 (-0.46%)

$46,125,386 (4.19%)

$44,272,474 (-1.57%)

Earning Before Interest & Taxes (EBIT)

-$5,029,000 (-504.45%)

-$832,000 (-114.30%)

$5,817,000 (129.04%)

-$20,029,000 (-526.78%)

Gross Profit

$130,136,000 (3.79%)

$125,378,000 (-2.07%)

$128,033,000 (30.21%)

$98,326,000 (-23.17%)

Operating Income

-$5,029,000 (-504.45%)

-$832,000 (-114.30%)

$5,817,000 (129.04%)

-$20,029,000 (-468.25%)

NDLS Cash Flow Statement (MRY)


Metric

2023

2022

2021

2020

Net Cash Flow from Investing

-$51,800,000 (-60.33%)

-$32,309,000 (-75.88%)

-$18,370,000 (-67.84%)

-$10,945,000 (40.64%)

Net Cash Flow from Financing

$25,795,000 (17.14%)

$22,020,000 (194.18%)

-$23,380,000 (-2829.82%)

-$798,000 (86.28%)

Net Cash Flow from Operations

$27,495,000 (187.69%)

$9,557,000 (-73.57%)

$36,165,000 (296.37%)

$9,124,000 (-69.65%)

Net Cash Flow / Change in Cash & Cash Equivalents

$1,490,000 (303.55%)

-$732,000 (86.89%)

-$5,585,000 (-113.25%)

-$2,619,000 (-145.12%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$1,577,000 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$52,043,000 (-53.58%)

-$33,886,000 (-80.48%)

-$18,776,000 (-59.36%)

-$11,782,000 (30.91%)

Issuance (Repayment) of Debt Securities

$31,425,000 (40.44%)

$22,376,000 (195.29%)

-$23,481,000 (-3662.98%)

-$624,000 (88.79%)

Issuance (Purchase) of Equity Shares

-$5,630,000 (-1481.46%)

-$356,000 (-452.48%)

$101,000 (158.05%)

-$174,000 (30.95%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$4,235,000 (-2.15%)

$4,328,000 (5.30%)

$4,110,000 (64.60%)

$2,497,000 (2.21%)

Depreciation Amortization & Accretion

$26,792,000 (15.15%)

$23,268,000 (4.19%)

$22,333,000 (2.87%)

$21,709,000 (-1.71%)

NDLS Financial Metrics (MRY)


Metric

2023

2022

2021

2020

Gross Margin

25.90% (5.28%)

24.60% (-8.55%)

26.90% (7.60%)

25.00% (-9.75%)

Profit Margin

-2.00% (-185.71%)

-0.70% (-187.50%)

0.80% (113.56%)

-5.90% (-1575.00%)

EBITDA Margin

4.30% (-2.27%)

4.40% (-25.42%)

5.90% (1375.00%)

0.40% (-93.10%)

Return on Average Equity (ROAE)

-29.90% (-218.09%)

-9.40% (-191.26%)

10.30% (115.47%)

-66.60% (-2058.82%)

Return on Average Assets (ROAA)

-2.70% (-170.00%)

-1.00% (-190.91%)

1.10% (118.33%)

-6.00% (-1600.00%)

Return on Sales (ROS)

-1.00% (-400.00%)

-0.20% (-116.67%)

1.20% (123.53%)

-5.10% (-610.00%)

Return on Invested Capital (ROIC)

-0.90% (-350.00%)

-0.20% (-118.18%)

1.10% (133.33%)

-3.30% (-512.50%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-14.81 (81.25%)

-79 (-168.47%)

115.38 (878.98%)

-14.81 (-110.69%)

Price to Sales Ratio (P/S)

0.28 (-43.17%)

0.5 (-43.67%)

0.88 (0.11%)

0.88 (67.23%)

Price to Book Ratio (P/B)

5.14 (-22.44%)

6.63 (-40.80%)

11.21 (-4.45%)

11.73 (142.61%)

Debt to Equity Ratio (D/E)

12.55 (57.64%)

7.96 (-1.36%)

8.07 (-25.98%)

10.91 (68.19%)

Earnings Per Share (EPS)

-0.21 (-200.00%)

-0.07 (-187.50%)

0.08 (115.09%)

-0.53 (-1425.00%)

Sales Per Share (SPS)

10.98 (-1.08%)

11.1 (6.21%)

10.45 (17.49%)

8.89 (-15.32%)

Free Cash Flow Per Share (FCFPS)

-0.54 (-0.94%)

-0.53 (-238.74%)

0.38 (736.67%)

-0.06 (-120.34%)

Book Value Per Share (BVPS)

0.59 (-29.19%)

0.84 (1.09%)

0.83 (23.25%)

0.67 (-41.55%)

Tangible Assets Book Value Per Share (TABVPS)

7.86 (7.35%)

7.32 (-0.20%)

7.33 (-6.07%)

7.81 (-7.18%)

Enterprise Value Over EBIT (EV/EBIT)

-84 (86.36%)

-616 (-635.65%)

115 (470.97%)

-31 (-127.19%)

Enterprise Value Over EBITDA (EV/EBITDA)

19.34 (-15.36%)

22.85 (-4.16%)

23.84 (-93.61%)

373.02 (1763.54%)

Asset Turnover

1.4 (-6.69%)

1.5 (9.28%)

1.37 (34.91%)

1.01 (-16.54%)

Current Ratio

0.34 (-0.59%)

0.34 (14.24%)

0.29 (-27.70%)

0.41 (-19.21%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$24,548,000 (-0.90%)

-$24,329,000 (-239.91%)

$17,389,000 (754.21%)

-$2,658,000 (-120.43%)

Enterprise Value (EV)

$420,938,218 (-17.90%)

$512,729,822 (-23.61%)

$671,199,947 (7.10%)

$626,680,082 (16.91%)

Earnings Before Tax (EBT)

-$9,832,000 (-200.03%)

-$3,277,000 (-187.74%)

$3,735,000 (116.12%)

-$23,175,000 (-1423.53%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$21,763,000 (-3.00%)

$22,436,000 (-20.30%)

$28,150,000 (1575.60%)

$1,680,000 (-93.73%)

Invested Capital

$586,483,000 (10.16%)

$532,397,000 (5.92%)

$502,622,000 (-9.98%)

$558,373,000 (-5.52%)

Working Capital

-$44,890,000 (-5.68%)

-$42,477,000 (21.37%)

-$54,020,000 (-56.97%)

-$34,415,000 (-19.86%)

Tangible Asset Value

$360,403,000 (7.24%)

$336,081,000 (0.73%)

$333,637,000 (-3.50%)

$345,720,000 (-6.68%)

Market Capitalization

$139,729,218 (-45.10%)

$254,515,822 (-39.65%)

$421,713,947 (21.07%)

$348,320,082 (42.50%)

Average Equity

$32,921,500 (-7.05%)

$35,419,250 (-0.44%)

$35,575,750 (1.83%)

$34,935,750 (-28.01%)

Average Assets

$360,885,750 (5.87%)

$340,861,000 (-1.86%)

$347,323,000 (-10.56%)

$388,343,750 (2.06%)

Invested Capital Average

$563,059,000 (7.74%)

$522,614,250 (-0.04%)

$522,808,250 (-13.38%)

$603,576,250 (-1.51%)

Shares

44,929,009 (-2.38%)

46,024,561 (0.73%)

45,689,485 (2.97%)

44,371,985 (0.57%)