What was the total amount of interest paid by Noodles & Company (net of amounts capitalized) in 2022?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating leases | $ 43,643 | $ | 42,731 | |
|---|---|---|---|---|
| Finance leases | 2,626 | 2,672 | ||
| $ 46,269 | $ | 45,403 | ||
| Right-of-use assets obtained in exchange for new lease liabilities: | ||||
| Operating leases | $ 3,978 | $ | 27,385 | |
| Finance leases | 2,639 | 462 | ||
| $ 6,617 | $ | 27,847 |
13. Supplemental Disclosures to Consolidated Statements of Cash Flows
The following table presents the supp
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the total interest paid (net of amounts capitalized) by Noodles & Company in 2022 was $1,500.
This figure represents the company's interest expenses after subtracting any interest that was capitalized, meaning it was added to the cost of an asset rather than expensed immediately. For a prospective franchisee, this indicates the level of Noodles & Company's debt obligations and how efficiently they manage their finances.
Reviewing these figures over several years, as presented in the table, can provide insights into the company's financial trends and stability. A significant increase in interest paid could signal higher debt levels or less favorable borrowing terms, while a decrease might indicate improved financial health or successful debt management.