Chipotle Mexican Grill Balance Sheet Health
Financial Health criteria checks 5/6
Chipotle Mexican Grill has a total shareholder equity of $3.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $8.4B and $5.0B respectively. Chipotle Mexican Grill's EBIT is $1.7B making its interest coverage ratio -23. It has cash and short-term investments of $1.4B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -23x |
Cash | US$1.42b |
Equity | US$3.36b |
Total liabilities | US$5.05b |
Total assets | US$8.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMG *'s short term assets ($1.6B) exceed its short term liabilities ($997.4M).
Long Term Liabilities: CMG *'s short term assets ($1.6B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: CMG * is debt free.
Reducing Debt: CMG * has not had any debt for past 5 years.
Debt Coverage: CMG * has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CMG * has no debt, therefore coverage of interest payments is not a concern.