What is the total current assets for Noodles & Company as of December 31, 2024?
Noodles_Company Franchise · 2025 FDDAnswer from 2025 FDD Document
, January 2, 2024 and January 3, 2023 | 4 | | Notes to Consolidated Financial Statements | 5 | | Report of Independent Registered Public Accounting Firm (PCAOB ID: 42) | |
Noodles & Company Consolidated Balance Sheets (in thousands, except share data)
| December 31, 2024 | January 2, 2024 | |
|---|---|---|
| Assets |
Source: Item 22 — CONTRACTS (FDD pages 98–99)
What This Means (2025 FDD)
According to Noodles & Company's 2025 Franchise Disclosure Document, the company's total current assets as of December 31, 2024, were $20,192.
This figure represents the sum of Noodles & Company's cash and cash equivalents, accounts receivable, inventories, prepaid expenses and other assets, and income tax receivable. These are assets that Noodles & Company expects to convert to cash within one year.
A prospective franchisee should consider these figures in relation to Noodles & Company's current liabilities, which totaled $65,717 as of the same date, to assess the company's short-term financial health and liquidity. Reviewing these balance sheet figures helps potential franchisees evaluate the financial stability of Noodles & Company.