Chipotle Mexican Grill (NYSE:CMG) Effective Interest Rate on Debt %

: 0.00% (As of Dec. 2022)

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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Chipotle Mexican Grill's annualized positive value of Interest Expense for the quarter that ended in Dec. 2022 was $0 Mil. Chipotle Mexican Grill's average total debt for the quarter that ended in Dec. 2022 was $3,730 Mil. Therefore, Chipotle Mexican Grill's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 was 0.00%.

Chipotle Mexican Grill Effective Interest Rate on Debt % Historical Data

The historical data trend for Chipotle Mexican Grill's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Chipotle Mexican Grill Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Effective Interest Rate on Debt %

Chipotle Mexican Grill Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Effective Interest Rate on Debt %																-	0.02	-	-	-

Competitive Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Chipotle Mexican Grill Effective Interest Rate on Debt % Distribution

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Chipotle Mexican Grill's Effective Interest Rate on Debt % falls in comparison to its industry or sector. The grey bar indicates the Effective Interest Rate on Debt %'s extreme value range as defined by GuruFocus.

Chipotle Mexican Grill Effective Interest Rate on Debt % Calculation

Chipotle Mexican Grill's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2021 )	+	Total Debt (A: Dec. 2022 ))	/ count )
=	-1 * 0	/	( (3520.314	+	3731.41)	/ 2 )
=	-1 * 0	/	3625.862
=	0.00 %

where

	Total Debt (A: Dec. 2021 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3301.601	+	218.713
=	3520.314

	Total Debt (A: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3495.162	+	236.248
=	3731.41

Chipotle Mexican Grill's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2022 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Sep. 2022 )	+	Total Debt (Q: Dec. 2022 ))	/ count )
=	-1 * 0	/	( (3729.168	+	3731.41)	/ 2 )
=	-1 * 0	/	3730.289
=	0.00 %

where

	Total Debt (Q: Sep. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3497.221	+	231.947
=	3729.168

	Total Debt (Q: Dec. 2022 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	3495.162	+	236.248
=	3731.41

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2022) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Chipotle Mexican Grill (NYSE:CMG) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Chipotle Mexican Grill Effective Interest Rate on Debt % Related Terms

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Chipotle Mexican Grill (NYSE:CMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Chipotle Mexican Grill Inc (NYSE:CMG) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

CMG:Mexico C9F:Germany

Address

610 Newport Center Drive, Suite 1400, Newport Beach, CA, USA, 92660

Website

https://www.chipotle.com

Chipotle Mexican Grill is the largest fast-casual chain restaurant in the United States, with systemwide sales of $7.5 billion in 2021. The Mexican concept is entirely company-owned, with a footprint of more than 3,000 stores, heavily indexed to the United States (though the firm maintains a small presence in Canada, the U.K., France, and Germany). Chipotle sells burritos, burrito bowls, tacos, quesadillas, and beverages, with a selling proposition built around competitive prices, high-quality food sourcing, speed of service, and convenience. The company generates its revenue entirely from restaurant sales and delivery fees.

Executives

Scott Harlan Maw	director	1411 E. MISSION AVENUE, SPOKANE WA 99202
Ali Namvar	director	C/O PERSHING SQUARE CAPITAL MANAGEMENT, 888 SEVENTH AVENUE, 42ND FLOOR, NEW YORK NY 10019
Patricia Filikrushel	director	DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Robin S Hickenlooper	director	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Gregg L Engles	director	1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mary A Winston	director	557 BROADWAY, C/O SCHOLASTIC CORP, NEW YORK NY 10012
Matt Carey	director	11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Mauricio Gutierrez	director	211 CARNEGIE CENTER, PRINCETON NJ 08540
Neil Flanzraich	director	4400 BISCAYNE BLVD, MIAMI FL 33137
Brian R Niccol	director, officer: Chairman, CEO	1 GLEN BELL WAY, IRVINE CA 92618
Christopher W Brandt	officer: Chief Marketing Officer	2202 NORTH WESTSHORE BLVD, TAMPA FL 33607
Laurie Schalow	officer: Chief Corp Affairs, Food Sft	610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660
Marissa Andrada	officer: Chief D&I and People Officer	C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016
Curtis E Garner	officer: Chief Technology Officer	C/O AEROHIVE NETWORKS, INC., 330 GIBRALTAR DRIVE, SUNNYVALE CA 94089
Scott Boatwright	officer: Chief Restaurant Officer	1401 WYNKOOP STREET, SUITE 500, DENVER CO 80202