Noodles Fixed Asset Turnover from 2010 to 2024

NDLS Stock  USD 0.71  0.01  1.39%   
Noodles Fixed Asset Turnover yearly trend continues to be comparatively stable with very little volatility. Fixed Asset Turnover will likely drop to 1.37 in 2024. From the period from 2010 to 2024, Noodles Fixed Asset Turnover quarterly data regression had r-value of (0.64) and coefficient of variation of  36.55. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.49808203
Current Value
1.36572018
Quarterly Volatility
0.85968282
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noodles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noodles' main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.4 M, Interest Expense of 3.4 M or Selling General Administrative of 44.7 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0 or PTB Ratio of 4.82. Noodles financial statements analysis is a perfect complement when working with Noodles Valuation or Volatility modules.
  
Check out the analysis of Noodles Correlation against competitors.

Latest Noodles' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Noodles Company over the last few years. It is Noodles' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noodles' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Noodles Fixed Asset Turnover Regression Statistics

Arithmetic Mean2.35
Geometric Mean2.20
Coefficient Of Variation36.55
Mean Deviation0.77
Median2.20
Standard Deviation0.86
Sample Variance0.74
Range1.9335
R-Value(0.64)
Mean Square Error0.47
R-Squared0.41
Significance0.01
Slope(0.12)
Total Sum of Squares10.35

Noodles Fixed Asset Turnover History

2020 1.5
2019 1.37
2013 2.09
2012 2.2
2011 2.47
2010 3.3

About Noodles Financial Statements

Noodles shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Noodles investors may analyze each financial statement separately, they are all interrelated. The changes in Noodles' assets and liabilities, for example, are also reflected in the revenues and expenses on on Noodles' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 1.50  1.37 

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Additional Tools for Noodles Stock Analysis

When running Noodles' price analysis, check to measure Noodles' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noodles is operating at the current time. Most of Noodles' value examination focuses on studying past and present price action to predict the probability of Noodles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noodles' price. Additionally, you may evaluate how the addition of Noodles to your portfolios can decrease your overall portfolio volatility.