Noodles Operating Profit Margin vs Pretax Profit Margin Analysis

NDLS Stock  USD 0.72  0.04  5.88%   
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 Operating Profit Margin and its Pretax Profit Margin 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.

Operating Profit Margin vs Pretax Profit Margin

Operating Profit Margin vs Pretax Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Noodles Company Operating Profit Margin account and Pretax Profit Margin. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Noodles' Operating Profit Margin and Pretax Profit Margin is 0.98. Overlapping area represents the amount of variation of Operating Profit Margin that can explain the historical movement of Pretax Profit Margin in the same time period over historical financial statements of Noodles Company, assuming nothing else is changed. The correlation between historical values of Noodles' Operating Profit Margin and Pretax Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Profit Margin of Noodles Company are associated (or correlated) with its Pretax Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pretax Profit Margin has no effect on the direction of Operating Profit Margin i.e., Noodles' Operating Profit Margin and Pretax Profit Margin go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Profit Margin

Pretax Profit Margin

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.
 2021 2022 2023 2024 (projected)
Interest Expense2.1M2.4M4.8M3.4M
Depreciation And Amortization22.3M23.3M26.8M24.4M

Noodles fundamental ratios Correlations

0.820.80.80.85-0.170.080.810.30.8-0.910.410.620.820.250.24-0.350.62-0.290.960.80.550.740.60.830.65
0.820.90.60.890.020.121.00.260.89-0.730.550.611.00.180.29-0.320.610.090.80.90.640.760.30.910.71
0.80.90.750.88-0.380.110.90.091.0-0.780.420.550.910.320.35-0.050.550.060.740.990.390.780.070.990.66
0.80.60.750.73-0.540.020.580.070.76-0.80.170.510.60.420.22-0.10.51-0.30.70.760.230.710.240.770.48
0.850.890.880.73-0.240.040.880.410.86-0.870.610.450.880.240.19-0.220.45-0.010.860.870.660.850.340.910.74
-0.170.02-0.38-0.54-0.24-0.020.040.07-0.40.380.11-0.030.0-0.57-0.16-0.64-0.030.13-0.11-0.410.26-0.210.32-0.39-0.07
0.080.120.110.020.04-0.020.110.180.09-0.1-0.430.380.120.080.94-0.080.38-0.260.080.140.13-0.10.10.12-0.44
0.811.00.90.580.880.040.110.210.89-0.710.550.581.00.110.3-0.350.580.110.790.890.610.770.280.90.72
0.30.260.090.070.410.070.180.210.03-0.450.320.360.230.160.010.00.36-0.310.460.160.840.070.610.210.13
0.80.891.00.760.86-0.40.090.890.03-0.760.410.530.90.330.35-0.050.530.070.730.990.340.780.050.980.66
-0.91-0.73-0.78-0.8-0.870.38-0.1-0.71-0.45-0.76-0.36-0.56-0.73-0.28-0.250.18-0.560.33-0.92-0.79-0.59-0.73-0.52-0.82-0.66
0.410.550.420.170.610.11-0.430.550.320.41-0.36-0.170.550.11-0.38-0.02-0.170.460.480.420.570.60.180.460.77
0.620.610.550.510.45-0.030.380.580.360.53-0.56-0.170.590.20.46-0.281.0-0.530.580.580.440.20.420.570.09
0.821.00.910.60.880.00.121.00.230.9-0.730.550.590.180.3-0.310.590.10.790.90.620.780.280.920.71
0.250.180.320.420.24-0.570.080.110.160.33-0.280.110.20.180.140.50.2-0.130.150.420.10.170.040.40.06
0.240.290.350.220.19-0.160.940.30.010.35-0.25-0.380.460.30.14-0.110.46-0.240.190.370.050.140.010.34-0.24
-0.35-0.32-0.05-0.1-0.22-0.64-0.08-0.350.0-0.050.18-0.02-0.28-0.310.5-0.11-0.280.3-0.330.02-0.24-0.33-0.5-0.03-0.22
0.620.610.550.510.45-0.030.380.580.360.53-0.56-0.171.00.590.20.46-0.28-0.530.580.580.440.20.420.570.09
-0.290.090.06-0.3-0.010.13-0.260.11-0.310.070.330.46-0.530.1-0.13-0.240.3-0.53-0.280.040.00.01-0.520.030.21
0.960.80.740.70.86-0.110.080.790.460.73-0.920.480.580.790.150.19-0.330.58-0.280.740.660.680.670.780.64
0.80.90.990.760.87-0.410.140.890.160.99-0.790.420.580.90.420.370.020.580.040.740.430.740.11.00.63
0.550.640.390.230.660.260.130.610.840.34-0.590.570.440.620.10.05-0.240.440.00.660.430.350.630.480.45
0.740.760.780.710.85-0.21-0.10.770.070.78-0.730.60.20.780.170.14-0.330.20.010.680.740.350.160.780.84
0.60.30.070.240.340.320.10.280.610.05-0.520.180.420.280.040.01-0.50.42-0.520.670.10.630.160.150.21
0.830.910.990.770.91-0.390.120.90.210.98-0.820.460.570.920.40.34-0.030.570.030.781.00.480.780.150.66
0.650.710.660.480.74-0.07-0.440.720.130.66-0.660.770.090.710.06-0.24-0.220.090.210.640.630.450.840.210.66
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Noodles Account Relationship Matchups

Noodles fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding45.0M44.3M46.1M45.9M45.9M39.1M
Total Assets378.5M353.6M341.5M343.8M368.1M277.9M
Short Long Term Debt Total289.5M280.4M249.8M264.2M300.4M162.6M
Other Current Liab21.7M19.7M27.2M18.0M18.4M14.9M
Total Current Liabilities58.0M58.1M76.6M64.1M67.5M48.9M
Total Stockholder Equity50.6M29.7M37.6M38.4M27.2M41.7M
Other Liab4.1M224.9M3.4M4.5M5.1M4.9M
Property Plant And Equipment Net338.6M318.5M307.7M312.8M336.0M245.0M
Current Deferred Revenue3.0M3.0M2.9M2.4M3.1M3.2M
Net Debt279.1M272.6M247.5M262.6M297.4M152.7M
Retained Earnings(115.5M)(138.7M)(135.1M)(138.4M)(148.2M)(140.8M)
Accounts Payable9.4M6.4M15.5M15.3M16.7M12.1M
Cash10.5M7.8M2.3M1.5M3.0M3.5M
Non Current Assets Total349.2M329.9M318.9M322.2M345.5M253.6M
Non Currrent Assets Other2.6M3.5M3.4M1.7M1.7M1.1M
Other Assets2.6M175.4M3.4M1.7M1.9M1.8M
Long Term Debt40.5M40.9M18.9M46.1M80.2M42.2M
Cash And Short Term Investments10.5M7.8M2.3M1.5M3.0M3.5M
Net Receivables3.6M3.5M4.1M6.6M5.5M3.7M
Common Stock Total Equity466K468K481K485K557.8K408.9K
Liabilities And Stockholders Equity378.5M353.6M341.5M343.8M368.1M277.9M
Non Current Liabilities Total269.9M265.8M227.2M241.4M273.4M171.7M
Inventory9.9M9.6M9.4M10.0M10.3M10.0M
Other Current Assets1.8M2.8M6.8M3.5M3.9M4.1M
Other Stockholder Equity165.6M168.0M172.2M176.3M174.9M174.9M
Total Liab327.9M323.9M303.8M305.5M340.9M220.5M
Property Plant And Equipment Gross338.6M122.9M533.2M555.2M599.2M629.2M
Total Current Assets29.3M23.7M22.6M21.6M22.6M24.3M
Short Term Debt24.0M29.0M30.6M30.8M32.4M19.1M
Common Stock466K468K481K485K474K417.6K
Property Plant Equipment128.9M318.5M307.7M312.8M359.7M215.4M
Net Tangible Assets42.5M21.8M29.8M30.6M27.5M44.6M
Retained Earnings Total Equity(115.5M)(138.7M)(135.1M)(138.4M)(124.5M)(118.3M)
Long Term Debt Total40.5M40.9M18.9M46.1M53.0M47.8M
Capital Surpluse200.6M203.0M207.2M211.3M243.0M184.2M
Deferred Long Term Liab200K240K269K229K206.1K195.8K
Non Current Liabilities Other229.2M224.6M208.0M195.1M6.7M6.3M

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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.