Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 102.87% is 21% above its 5-year average of 84.72%, near the high end of its 5-year range (73.15%–102.99%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.32% above its 12-month average of 99.56%.
Reported quarterly debt to assets ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 102.87%.
DEBT TO ASSETS RATIO
102.87%
DEBT TO ASSETS RATIO AVG TTM
99.56%
DEBT TO ASSETS RATIO AVG 3Y
89.60%
DEBT TO ASSETS RATIO AVG 5Y
84.72%
DEBT TO ASSETS RATIO AVG 10Y
81.44%
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+3.32%
CURRENT VS 3Y AVG
+14.81%
CURRENT VS 5Y AVG
+21.42%
CURRENT VS 10Y AVG
+26.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.34%
median of 319 covered companies
CURRENT VS SECTOR MEDIAN
+30154.92%
vs the sector median at left
Noodles & Company
Market Cap
$82.76M
Debt to Assets Ratio
102.87%
TTM Avg
99.56%
3Y Avg
89.60%
5Y Avg
84.72%
Market Cap
$81.12M
Debt to Assets Ratio
0.00%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$76.83M
Debt to Assets Ratio
0.10%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$89.39M
Debt to Assets Ratio
0.31%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$91.42M
Debt to Assets Ratio
0.21%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$93.14M
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$94.42M
Debt to Assets Ratio
0.30%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Noodles & Company (NDLS) | $82.76M | 102.87% | 99.56% | 89.60% | 84.72% |
| Canterbury Park Holding Corporation (CPHC)vs › | $81.12M | 0.00% | N/A | N/A | N/A |
| Jerash Holdings (US), Inc. (JRSH)vs › | $76.83M | 0.10% | N/A | N/A | N/A |
| Empery Digital Inc. (EMPD)vs › | $89.39M | 0.31% | N/A | N/A | N/A |
| Regis Corporation (RGS)vs › | $74.34M | 0.55% | N/A | N/A | N/A |
| Brilliant Earth Group, Inc. (BRLT)vs › | $91.42M | 0.21% | N/A | N/A | N/A |
| FST Corp. (KBSX)vs › | $73.86M | 0.59% | N/A | N/A | N/A |
| GrowGeneration Corp. (GRWG)vs › | $93.14M | 0.19% | N/A | N/A | N/A |
| Innoviz Technologies Ltd. (INVZ)vs › | $94.42M | 0.30% | N/A | N/A | N/A |
| CarParts.com, Inc. (PRTS)vs › | $69.73M | 0.28% | N/A | N/A | N/A |
Debt/Assets
102.9%
Debt/Equity
N/A
Current Ratio
0.29
Interest Coverage
-0.5x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-06-30 | 102.87% |
| 2026-03-31 | 102.99% |
| 2025-12-30 | 100.83% |
| 2025-09-30 | 96.44% |
| 2025-07-01 | 94.68% |
| 2025-04-01 | 88.87% |
| 2024-12-31 | 89.79% |
| 2024-10-01 | 84.83% |
| 2024-07-02 | 84.52% |
| 2024-04-02 | 81.46% |
| 2023-12-31 | 81.21% |
| 2023-10-03 | 77.57% |
| 2023-07-04 | 78.72% |
| 2023-04-04 | 76.96% |
| 2022-12-31 | 76.83% |
| 2022-09-27 | 76.41% |
| 2022-06-28 | 75.29% |
| 2022-03-29 | 77.04% |
| 2021-12-31 | 73.15% |
| 2021-09-28 | 73.90% |
| 2021-06-29 | 75.61% |
| 2021-03-30 | 78.43% |
| 2020-12-31 | 79.30% |
| 2020-09-29 | 79.31% |
| 2020-06-30 | 82.89% |
| 2020-03-31 | 81.63% |
| 2019-12-31 | 76.49% |
| 2019-10-01 | 78.03% |
| 2019-07-02 | 78.51% |
| 2019-04-02 | 79.74% |
| 2018-12-31 | 26.10% |
| 2018-10-02 | 27.73% |
| 2018-07-03 | 35.61% |
| 2018-04-03 | 35.06% |
| 2017-12-31 | 31.11% |
| 2017-10-03 | 34.14% |
| 2017-07-04 | 30.84% |
| 2017-04-04 | 25.93% |
| 2016-12-31 | 40.43% |
| 2016-09-27 | 35.05% |
| 2016-06-28 | 33.56% |
| 2016-03-31 | 30.37% |
| 2015-12-31 | 28.23% |
| 2015-09-29 | 25.79% |
| 2015-06-30 | 12.33% |
| 2015-03-31 | 9.54% |
| 2014-12-31 | 11.51% |
| 2014-09-30 | 9.45% |
| 2014-07-01 | 4.75% |
| 2014-04-01 | 3.43% |
| 2013-12-31 | 3.72% |
| 2013-10-01 | 0.94% |
| 2013-07-02 | 0.12% |
| 2013-03-31 | 60.38% |
| 2012-12-31 | 60.18% |
