Chipotle Mexican Grill Balance Sheet Health
Financial Health criteria checks 5/6
Chipotle Mexican Grill has a total shareholder equity of $2.5B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.1B and $4.6B respectively. Chipotle Mexican Grill's EBIT is $1.4B making its interest coverage ratio -56. It has cash and short-term investments of $1.1B.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -56x |
Cash | US$1.06b |
Equity | US$2.48b |
Total liabilities | US$4.57b |
Total assets | US$7.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMG's short term assets ($1.3B) exceed its short term liabilities ($894.1M).
Long Term Liabilities: CMG's short term assets ($1.3B) do not cover its long term liabilities ($3.7B).
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.