Chipotle Mexican Grill Inc (CMG)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 9,204,370 | 9,011,670 | 8,919,840 | 8,411,250 | 8,044,360 | 7,911,490 | 7,552,440 | 7,053,370 | 6,927,500 | 6,817,440 | 6,545,340 | 6,467,260 | 6,652,960 | 6,627,570 | 6,320,450 | 6,149,060 | 5,982,900 | 5,631,640 | 5,370,130 | 5,206,490 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Chipotle Mexican Grill Inc has consistently maintained a debt-to-assets ratio of 0.00 for the period from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets, suggesting a strong financial position with minimal financial risk associated with debt. This could imply that Chipotle Mexican Grill Inc primarily funds its operations through equity and retained earnings rather than incurring debt. Such a low debt-to-assets ratio can be viewed positively by investors and creditors as it signifies a healthy balance sheet and financial stability.
Peer comparison
Dec 31, 2024