Chipotle Mexican Grill Inc (CMG)
Interest coverage
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,916,330 | 1,557,810 | 1,160,400 | 804,943 | 290,164 |
| Interest expense | US$ in thousands | — | — | — | — | — |
| Interest coverage | — | — | — | — | — |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $1,916,330K ÷ $—K
= —
The interest coverage ratio for Chipotle Mexican Grill Inc is unavailable for the years presented in the data (from December 31, 2020, to December 31, 2024). This ratio helps assess a company's ability to meet its interest obligations on its debt with its operating income. The absence of this data points to a lack of information regarding the company's ability to cover its interest expenses during the specified period. Moreover, without this ratio, it becomes challenging to evaluate the company's risk of default related to its debt obligations. Additional financial details or updates would be necessary to conduct a thorough analysis and provide insights into Chipotle's financial health and ability to service its debt.
Peer comparison
Dec 31, 2024