Noodles & Quick Ratio
- Annual: 0.18
- Quarterly: 0.17
- TTM: 0.17
What is the Quick Ratio?
The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.
Related Metrics
Other important metrics to assess Noodles &'s financial health include:
- Current Ratio - measures the company's ability to pay short-term obligations with its short-term assets:
- Annual: 0.34
- Quarterly: 0.32
- TTM: 0.32
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.04
- Quarterly: 0.03
- TTM: 0.03
These metrics provide insights into Noodles &'s financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Quick Ratio
0.18
Quarterly Quick Ratio
0.17
TTM Quick Ratio
0.17
Noodles & Historical Quick Ratio
Historical Current Ratio
Historical Cash Ratio
Noodles & Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
Year | Quick Ratio | Current Ratio | Cash Ratio |
---|---|---|---|
2024 | 0.18 | 0.34 | 0.04 |
2023 | 0.18 | 0.34 | 0.02 |
2021 | 0.17 | 0.29 | 0.03 |
2020 | 0.24 | 0.41 | 0.13 |
2019 | 0.34 | 0.51 | 0.18 |
2019 | 0.41 | 0.70 | 0.14 |
2018 | 0.28 | 0.50 | 0.08 |
2017 | 0.30 | 0.53 | 0.04 |
2015 | 0.45 | 0.77 | 0.06 |
2014 | 0.52 | 0.88 | 0.07 |