Noodles & Company Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 2, 2024	Jan '23 Jan 3, 2023	Dec '21 Dec 28, 2021	Dec '20 Dec 29, 2020	2015 - 2019
Cash & Equivalents	4.69	1.15	3.01	1.52	2.26	7.84	Upgrade
Cash & Short-Term Investments	4.69	1.15	3.01	1.52	2.26	7.84	Upgrade
Cash Growth	41.90%	-61.87%	97.83%	-32.46%	-71.24%	-25.04%	Upgrade
Accounts Receivable	2.73	2.43	2.91	4.08	2.11	1.83	Upgrade
Other Receivables	1.72	1.95	2.57	2.54	1.96	1.64	Upgrade
Receivables	4.45	4.39	5.48	6.62	4.07	3.47	Upgrade
Inventory	10.41	10.5	10.25	10.04	9.4	9.64	Upgrade
Prepaid Expenses	4.25	4.13	3.86	3.4	3.2	2.72	Upgrade
Other Current Assets	0.02	0.02	0.02	0.06	3.64	0.04	Upgrade
Total Current Assets	23.82	20.19	22.62	21.64	22.56	23.71	Upgrade
Property, Plant & Equipment	247.61	295.06	336.03	312.78	307.72	318.54	Upgrade
Goodwill	7.15	7.15	7.15	7.15	7.15	7.15	Upgrade
Other Intangible Assets	0.43	0.5	0.54	0.61	0.67	0.76	Upgrade
Other Long-Term Assets	1.56	1.75	1.75	1.67	3.36	3.47	Upgrade
Total Assets	280.57	324.65	368.1	343.84	341.46	353.63	Upgrade
Accounts Payable	18.79	13.19	16.69	15.31	15.54	6.4	Upgrade
Accrued Expenses	18.41	16.49	16.16	15.58	25.91	20.16	Upgrade
Current Portion of Long-Term Debt	-	-	-	-	2.03	1.13	Upgrade
Current Portion of Leases	31.57	34.03	32.44	30.79	28.57	27.89	Upgrade
Current Unearned Revenue	1.89	2	2.22	2.43	2.85	2.55	Upgrade
Other Current Liabilities	-	-	-	-	1.67	-	Upgrade
Total Current Liabilities	70.65	65.72	67.51	64.11	76.58	58.13	Upgrade
Long-Term Debt	108.16	100.74	80.22	46.05	18.93	40.95	Upgrade
Long-Term Leases	136.37	158.74	187.75	190.84	204.9	216.51	Upgrade
Long-Term Unearned Revenue	0.6	1	1	0.7	0.6	0.6	Upgrade
Long-Term Deferred Tax Liabilities	0.33	0.28	0.26	0.23	0.27	0.24	Upgrade
Other Long-Term Liabilities	3.37	3.76	4.19	3.55	2.55	7.5	Upgrade
Total Liabilities	319.47	330.23	340.94	305.48	303.83	323.93	Upgrade
Common Stock	0.49	0.48	0.47	0.49	0.48	0.47	Upgrade
Additional Paid-In Capital	215.83	213.4	209.93	211.27	207.23	202.97	Upgrade
Retained Earnings	-220.22	-184.46	-148.24	-138.39	-135.07	-138.74	Upgrade
Treasury Stock	-35	-35	-35	-35	-35	-35	Upgrade
Shareholders' Equity	-38.9	-5.58	27.16	38.36	37.63	29.7	Upgrade
Total Liabilities & Equity	280.57	324.65	368.1	343.84	341.46	353.63	Upgrade
Total Debt	276.1	293.51	300.41	267.68	254.43	286.48	Upgrade
Net Cash (Debt)	-271.4	-292.36	-297.4	-266.16	-252.18	-278.64	Upgrade
Net Cash Per Share	-5.90	-6.43	-6.48	-5.80	-5.47	-6.29	Upgrade
Filing Date Shares Outstanding	46.77	45.74	44.99	46.04	45.71	45.36	Upgrade
Total Common Shares Outstanding	46.77	45.74	44.99	46.04	45.7	44.38	Upgrade
Working Capital	-46.83	-45.53	-44.89	-42.48	-54.02	-34.42	Upgrade
Book Value Per Share	-0.83	-0.12	0.60	0.83	0.82	0.67	Upgrade
Tangible Book Value	-46.48	-13.23	19.47	30.6	29.81	21.79	Upgrade
Tangible Book Value Per Share	-0.99	-0.29	0.43	0.66	0.65	0.49	Upgrade
Machinery	178.66	177.07	176.87	152.79	140.7	132.76	Upgrade
Construction In Progress	1.84	4.46	6.43	6.74	6.31	1.71	Upgrade
Leasehold Improvements	217.86	230.21	232.06	212.32	197.72	199.78	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.