Chipotle Mexican Grill Inc (CMG)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 9,204,370 | 8,044,360 | 6,927,500 | 6,652,960 | 5,982,900 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,204,370K
= 0.00
Based on the data provided, Chipotle Mexican Grill Inc has maintained a consistent debt-to-assets ratio of 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations or acquire assets during this time frame. A debt-to-assets ratio of 0.00 signifies that the company's assets are entirely financed by equity, which may suggest a strong financial position and low financial risk. Chipotle's ability to operate with minimal debt indicates the company's ability to manage its finances prudently and could imply a lower risk of financial distress.
Peer comparison
Dec 31, 2024