Stock Analysis on Net

Chipotle Mexican Grill Inc. (NYSE:CMG)

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Chipotle Mexican Grill Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable 210,695 221,301 203,480 196,866 197,646 207,541 162,041 182,606 184,566 167,842 158,581 168,905 163,161 171,712 140,251 147,417 121,990 157,324 160,523 130,423
Accrued payroll and benefits 261,913 184,367 223,410 142,425 227,537 155,015 177,475 116,465 170,456 128,495 161,052 172,454 162,405 190,912 225,104 221,677 203,054 194,877 130,306 132,273
Accrued liabilities 179,747 181,354 169,631 171,612 147,688 151,148 141,291 160,436 147,539 156,455 148,614 136,655 173,052 153,233 143,469 145,627 164,649 158,234 146,229 147,242
Unearned revenue 238,577 180,288 182,331 187,317 209,680 156,320 158,959 157,898 183,071 133,118 132,446 132,421 156,351 120,423 113,016 110,197 127,750 91,467 88,924 77,499
Current operating lease liabilities 277,836 270,574 264,304 254,144 248,074 244,994 244,061 239,029 236,248 231,947 230,930 223,303 218,713 214,684 213,646 209,086 204,756 199,815 197,196 178,358
Income tax payable 44,989 172,689 98,423 37,658
Current liabilities 1,168,768 1,037,884 1,043,156 997,353 1,030,625 1,087,707 982,250 894,092 921,880 817,857 831,623 833,738 873,682 850,964 835,486 834,004 822,199 801,717 723,178 665,795
Long-term operating lease liabilities 4,262,782 4,212,868 4,014,454 3,903,353 3,803,551 3,773,087 3,643,931 3,532,566 3,495,162 3,497,221 3,393,423 3,331,319 3,301,601 3,274,875 3,134,555 3,040,176 2,952,296 2,891,140 2,809,178 2,764,778
Deferred income tax liabilities 46,208 79,519 83,298 84,229 89,109 111,089 106,440 98,137 98,623 133,255 126,239 127,729 141,765 148,395 133,510 135,929 149,422 95,221 96,502 64,851
Other liabilities 71,070 67,501 67,107 64,985 58,870 53,296 52,928 46,892 43,816 41,723 39,852 40,511 38,536 42,425 42,745 41,419 38,844 37,976 36,775 39,044
Long-term liabilities 4,380,060 4,359,888 4,164,859 4,052,567 3,951,530 3,937,472 3,803,299 3,677,595 3,637,601 3,672,199 3,559,514 3,499,559 3,481,902 3,465,695 3,310,810 3,217,524 3,140,562 3,024,337 2,942,455 2,868,673
Total liabilities 5,548,828 5,397,772 5,208,015 5,049,920 4,982,155 5,025,179 4,785,549 4,571,687 4,559,481 4,490,056 4,391,137 4,333,297 4,355,584 4,316,659 4,146,296 4,051,528 3,962,761 3,826,054 3,665,633 3,534,468
Preferred stock, $0.01 par value, no shares issued
Common stock, $0.01 par value 13,586 13,635 13,713 376 375 375 375 374 373 373 373 373 371 371 370 369 367 367 367 365
Additional paid-in capital 2,078,010 2,030,178 2,023,802 1,994,950 1,956,160 1,917,868 1,880,933 1,849,683 1,829,304 1,807,938 1,782,303 1,753,328 1,729,312 1,690,806 1,654,195 1,606,501 1,549,909 1,526,955 1,506,785 1,483,224
Treasury stock, at cost (5,042,319) (4,944,656) (4,798,748) (4,569,152) (4,480,833) (4,282,014) (4,076,555) (3,969,221) (3,702,023) (3,356,102) (3,170,798) (3,067,458) (2,908,111) (2,802,075) (2,801,496) (2,801,467) (2,801,150)
Accumulated other comprehensive loss (10,282) (7,440) (8,514) (7,950) (6,657) (8,080) (6,952) (7,431) (7,888) (8,896) (6,639) (5,159) (5,354) (5,143) (4,187) (4,492) (4,229) (5,444) (6,149) (7,204)
Retained earnings 1,574,232 1,577,525 1,682,819 6,416,272 6,056,985 5,774,899 5,461,682 5,119,892 4,828,248 4,604,521 4,347,383 4,087,441 3,929,147 3,795,672 3,591,238 3,403,264 3,276,163 3,085,204 3,004,960 2,996,785
Shareholders’ equity 3,655,546 3,613,898 3,711,820 3,361,329 3,062,207 2,886,314 2,766,886 2,481,685 2,368,023 2,327,381 2,154,199 2,133,960 2,297,374 2,310,908 2,174,158 2,097,531 2,020,135 1,805,586 1,704,496 1,672,020
Total liabilities and shareholders’ equity 9,204,374 9,011,670 8,919,835 8,411,249 8,044,362 7,911,493 7,552,435 7,053,372 6,927,504 6,817,437 6,545,336 6,467,257 6,652,958 6,627,567 6,320,454 6,149,059 5,982,896 5,631,640 5,370,129 5,206,488

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

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 decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
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 increased from Q2 2024 to Q3 2024 and from Q3 2024 to Q4 2024.
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 decreased from Q2 2024 to Q3 2024 but then slightly increased from Q3 2024 to Q4 2024.