How much debt does Noodles & have?

According to Noodles &'s latest annual financial reports, the company's debt profile is as follows:

Total Debt and Liabilities

Noodles &'s total debt stands at $300.41M. This is broken down into:

• Long-term debt: $80.22M
• Short-term debt: $32.44M

The company's net debt, which accounts for cash and cash equivalents, is $297.40M. In terms of overall financial obligations, Noodles &'s total liabilities amount to $340.94M.

Debt Ratios and Metrics

To better understand Noodles &'s debt position, we can look at several key ratios:

• Debt to Equity Ratio: 4.15 - this indicates the proportion of equity and debt the company uses to finance its assets.
• Debt Ratio: 30.61% - this shows the proportion of a company's assets that are financed through debt.
• Interest Coverage Ratio: 0.98 - this measures how easily a company can pay interest on its outstanding debt.
• Long-term Debt to Capitalization: 74.71% - this shows the proportion of long-term debt in the company's capital structure.
• Total Debt to Capitalization: 80.57% - this indicates the total debt in the company's capital structure.

These metrics provide insight into Noodles &'s financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.