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NoodlesNDLS -1.73%51 Cash-to-Debt is 0.01 as of Jun. 2026, which is at its 10-year median of 0.01. GuruFocus rates NDLS with a GF Score™ of 51/100 and a GF Value™ of $10.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 360 Restaurants companies, Noodles ranks worse than 97.5% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Noodles's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.01.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Noodlescouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Noodles's Cash-to-Debt or its related term are showing as below:
NDLS'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.18
Current: 0.01
During the past 13 years, Noodles's highest Cash to Debt Ratio was 0.18. The lowest was 0.00. And the median was 0.01.
NDLS's Cash-to-Debt is ranked worse than 97.5% of 360
companies
in the Restaurants industry
Industry Median: 0.4
vs NDLS: 0.01
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Noodles Cash-to-Debt Related Terms
Noodles Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Noodles's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Restaurants subindustry, Noodles's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Noodles Cash-to-Debt vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Noodles's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Noodles's Cash-to-Debt falls into.
* 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.
Noodles (NDLS) has a Cash-to-Debt of 0.01 as of Jun. 2026. This is near median its historical median of 0.01. According to the industry distribution chart, Noodles ranks #351 out of 360 companies in the Restaurants industry, placing it in the top 97.5%.
Is Noodles' Cash-to-Debt too high?
Noodles' current Cash-to-Debt of 0.01 is near median its 10-year median of 0.01. The Restaurants industry median Cash-to-Debt is 0.40. Noodles' value of 0.01 is 97.5% below this industry median. Based on the distribution chart, Noodles ranks #351 out of 360 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Noodles has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noodles' Cash-to-Debt compare to BDL and MB?
According to the Restaurants industry distribution chart, Noodles ranks #351 out of 360 companies for Cash-to-Debt. This places Noodles in the lower half of its industry. The industry median Cash-to-Debt is 0.40. Noodles' value of 0.01 is 97.5% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.40, Noodles has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Restaurants company?
The median Cash-to-Debt among Restaurants companies is 0.40, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noodles's current Cash-to-Debt of 0.01 is 97.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median Cash-to-Debt is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noodles's current Cash-to-Debt is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noodles stock overvalued right now?
Based on GuruFocus' analysis, Noodles (NDLS) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.63, compared to a current price of $14.53 — trading 36.7% above its estimated fair value. The current Cash-to-Debt is 0.01, which is near median its 10-year median of 0.01 and 97.5% below the Restaurants industry median of 0.40. Noodles' overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Noodles (NDLS), the current Cash-to-Debt is 0.01 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Noodles (NDLS) Overvalued in 2026?
Based on GuruFocus' analysis, Noodles stock appears to be overvalued.
The current stock price of $14.53 is trading 36.7% above its estimated GF Value™ of $10.63.
GuruFocus considers Noodles to be Significantly Overvalued.
Key valuation signals for NDLS:
Cash-to-Debt: 0.01 (near median its 10-year median of 0.01)
GF Value™: $10.63 vs. price of $14.53 (36.7% above fair value)
Industry Position: 97.5% below the Restaurants median (#351 of 360)
No single metric tells the full story. See the NDLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. It is focused on offering customers flavorful, cooked-to-order dishes in a warm and welcoming environment at an attractive value. It has approximately 340 company-owned restaurants and 83 franchise restaurants in 31 states.
51GF Score
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