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Noodles (Noodles) Total Current Liabilities : $67.5 Mil (As of Dec. 2023)


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What is Noodles Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Noodles's total current liabilities for the quarter that ended in Dec. 2023 was $67.5

Noodles Total Current Liabilities Historical Data

The historical data trend for Noodles's Total Current Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noodles Total Current Liabilities Chart

Noodles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.03 58.13 76.58 64.11 67.51

Noodles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.11 67.97 64.54 75.59 67.51

Noodles Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Noodles's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=32.851+32.441
+Other Current Liabilities+Current Deferred Liabilities
=0+2.222
=67.5

Noodles's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=32.851+32.441
+Other Current Liabilities+Current Deferred Liabilities
=0+2.222
=67.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Noodles Total Current Liabilities Related Terms

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Noodles (Noodles) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Noodles & Co (NAS:NDLS) » Definitions » Total Current Liabilities
Comparable Companies
FAT MHGU RRGB ARKR STKS BDL GENK RAVE GTIM CHSN MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN YUMC TSX:QSR DRI HKSE:06862
Traded in Other Exchanges
NO3:Germany
Address
520 Zang Street, Suite D, Broomfield, CO, USA, 80021
Website
https://www.noodles.com
Noodles & Co is a restaurant concept offering lunch and dinner within the fast-casual segment of the restaurant industry. The company's menu includes a variety of cooked-to-order dishes, including noodles and pasta, soups, salads and appetizers. The company also provides dining, pick-up and delivery services.
Executives
Michael Hynes officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Kline Corey officer: EVP - Technology 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Thomas B West officer: EVP - Operations 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Melissa Heidman officer: EVP & General Counsel 520 ZANG STREET, UNIT D, BROOMFIELD CO 80021
Kathryn Rae Lockhart officer: Vice President & Controller 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Shawn A Taylor director 4931 MENO PARK DRIVE, SUGARLAND TX 77479
Mill Road Capital Ii, L.p. 10 percent owner 382 GREENWICH AVE., SUITE ONE, GREENWICH CT 06830
Sue Petersen officer: EVP-Inclusion, Divers, People 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
David James Boennighausen officer: Chief Financial Officer 520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Catterton-noodles Holdings, Llc 10 percent owner 599 W PUTNAM AVE, STE 200, GREENWICH CT 06831
Carl E Lukach officer: Chief Financial Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Stacey Pool officer: Chief Marketing Officer 520 ZANG ST., UNIT D, BROOMFIELD CO 80021