Stock Analysis on Net
Stock Analysis on Net

Chipotle Mexican Grill Inc. (NYSE:CMG)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Chipotle Mexican Grill Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Accounts payable 2.46 2.66 2.45 2.04 2.27
Workers’ compensation liability 0.38 0.40 0.41 0.46 0.58
Accrued payroll, bonuses and taxes 2.12 1.71 1.62 0.70 0.61
Accrued employer payroll taxes, deferred pursuant to the CARES Act 0.00 0.00 0.00 1.18 0.00
Other accrued payroll and benefits 0.33 0.35 0.41 1.05 1.28
Accrued payroll and benefits 2.83% 2.46% 2.44% 3.39% 2.48%
Sales and use tax payable 0.52 0.51 0.48 0.44 0.52
General, product and automobile insurance reserves 0.38 0.43 0.72 0.86 0.90
Other accrued liabilities 0.94 1.19 1.40 1.45 1.64
Accrued liabilities 1.84% 2.13% 2.60% 2.75% 3.05%
Unearned revenue 2.61 2.64 2.35 2.14 1.86
Current operating lease liabilities 3.08 3.41 3.29 3.42 3.39
Current liabilities 12.81% 13.31% 13.13% 13.74% 13.06%
Long-term operating lease liabilities 47.28 50.45 49.63 49.35 52.47
Deferred income tax liabilities 1.11 1.42 2.13 2.50 0.74
Other liabilities 0.73 0.63 0.58 0.65 0.76
Long-term liabilities 49.12% 52.51% 52.34% 52.49% 53.97%
Total liabilities 61.93% 65.82% 65.47% 66.23% 67.03%
Preferred stock, $0.01 par value, no shares issued 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 0.00 0.01 0.01 0.01 0.01
Additional paid-in capital 24.32 26.41 25.99 25.91 28.71
Treasury stock, at cost -61.47 -61.81 -50.45 -46.83 -52.88
Accumulated other comprehensive loss -0.08 -0.11 -0.08 -0.07 -0.11
Retained earnings 75.29 69.70 59.06 54.76 57.23
Shareholders’ equity 38.07% 34.18% 34.53% 33.77% 32.97%
Total liabilities and shareholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Chipotle Mexican Grill Inc. current liabilities as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Chipotle Mexican Grill Inc. long-term liabilities as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Chipotle Mexican Grill Inc. total liabilities as a percentage of total liabilities and shareholders’ equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Chipotle Mexican Grill Inc. shareholders’ equity as a percentage of total liabilities and shareholders’ equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.