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

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