Noodles & Co's net debt stood at USD 252 mil and accounted for 670% of equity at the end of 2021. The ratio is down 268 pp compared to the previous year.
Historically, the firm’s net debt to equity reached a high of 1,034% in 2011 and a low of 0% in 2009 between 2009 and 2021. The average for the last five years was 478%.
Net debt to EBITDA was calculated at 3.76x at the end of the year.
Severity: Warning
Message: A non-numeric value encountered
Filename: src/Environment.php(358) : eval()'d code
Line Number: 20038
The company’s cost of funding amounted to 0.770% in 2021, down which is above the 5-year of 3.48%. Funding costs have “eaten” some 35.8% of the operating profit generated in 2019.
You can see all the company’s data at Noodles & Co profile, or you can download a report on the company in the report section.
Helgi Library 
