Chipotle Mexican Grill Inc (CMG)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,655,550 | 3,062,210 | 2,368,020 | 2,297,370 | 2,020,140 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,655,550K
= 0.00
Chipotle Mexican Grill Inc has maintained a consistent debt-to-equity ratio of 0.00 over the past five years, including as of December 31, 2024. This low ratio indicates that the company has not been relying heavily on external debt to finance its operations and growth. It suggests that the company has a strong equity base relative to its debt levels, which can be seen as a positive sign of financial stability and strength. The consistent 0.00 debt-to-equity ratio reflects a prudent financial management strategy by Chipotle Mexican Grill Inc, demonstrating a conservative approach towards leveraging and managing its capital structure.
Peer comparison
Dec 31, 2024