NDLS Stock | | | USD 0.75 0.04 5.96% |
Noodles financial indicator trend analysis is infinitely more than just investigating Noodles Company recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Noodles Company is a good investment. Please check the relationship between Noodles Total Revenue and its Non Recurring accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noodles Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Total Revenue vs Non Recurring
Total Revenue vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Noodles Company Total Revenue account and
Non Recurring. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Noodles' Total Revenue and Non Recurring is -0.55. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Noodles Company, assuming nothing else is changed. The correlation between historical values of Noodles' Total Revenue and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Noodles Company are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Total Revenue i.e., Noodles' Total Revenue and Non Recurring go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Noodles Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Non Recurring
Most indicators from Noodles' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Noodles Company current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noodles Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, Noodles'
Tax Provision is comparatively stable compared to the past year.
Enterprise Value is likely to gain to about 523.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 44.7
M in 2024.
Noodles fundamental ratios Correlations
Click cells to compare fundamentals
Noodles Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Noodles fundamental ratios Accounts
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Additional Tools for Noodles Stock Analysis
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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.