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Chipotle Mexican Grill's Total Assets for the quarter that ended in Mar. 2024 was $8,411 Mil.
Warning Sign:
If a company builds assets at 27.1% a year, faster than its revenue growth rate of 15.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Chipotle Mexican Grill's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 27.10% per year. During the past 10 years, the average Total Assets Growth Rate was 18.80% per year.
During the past 13 years, Chipotle Mexican Grill's highest 3-Year average Total Assets Growth Rate was 52.00%. The lowest was -8.30%. And the median was 19.30%.
Total Assets is connected with ROA %. Chipotle Mexican Grill's annualized ROA % for the quarter that ended in Mar. 2024 was 17.47%. Total Assets is also linked to Revenue through Asset Turnover. Chipotle Mexican Grill's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.
The historical data trend for Chipotle Mexican Grill's Total Assets 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.
Chipotle Mexican Grill Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 5,104.60 | 5,982.90 | 6,652.96 | 6,927.50 | 8,044.36 |
Chipotle Mexican Grill Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | Get a 7-Day Free Trial | 7,053.37 | 7,552.44 | 7,911.49 | 8,044.36 | 8,411.25 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Chipotle Mexican Grill's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (A: Dec. 2023 ) | + | Total Liabilities (A: Dec. 2023 ) |
= | 3062.207 | + | 4982.155 | |
= | 8,044 |
Chipotle Mexican Grill's Total Assets for the quarter that ended in Mar. 2024 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2024 ) | + | Total Liabilities (Q: Mar. 2024 ) |
= | 3361.329 | + | 5049.92 | |
= | 8,411 |
* 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.
Chipotle Mexican Grill (NYSE:CMG) Total Assets Explanation
Total Assets is connected with ROA %.
Chipotle Mexican Grill's annualized ROA % for the quarter that ended in Mar. 2024 is
ROA % | = | Net Income (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 1437.148 | / | ( (8044.362 | + | 8411.249) | / 2 ) | |
= | 1437.148 | / | 8227.8055 | ||||
= | 17.47 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Chipotle Mexican Grill's Asset Turnover for the quarter that ended in Mar. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 2701.848 | / | ( (8044.362 | + | 8411.249) | / 2 ) |
= | 2701.848 | / | 8227.8055 | |||
= | 0.33 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Chipotle Mexican Grill's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian R Niccol | director, officer: Chairman, CEO | 1 GLEN BELL WAY, IRVINE CA 92618 |
Gregg L Engles | director | 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202 |
Scott Boatwright | officer: Chief Restaurant Officer | 1401 WYNKOOP STREET, SUITE 500, DENVER CO 80202 |
Robin S Hickenlooper | director | 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112 |
Laurie Schalow | officer: Chief Corp Affairs, Food Sft | 610 NEWPORT CENTER DRIVE, SUITE 1300, NEWPORT BEACH CA 92660 |
Curtis E Garner | officer: Chief Technology Officer | C/O AEROHIVE NETWORKS, INC., 330 GIBRALTAR DRIVE, SUNNYVALE CA 94089 |
Christopher W Brandt | officer: Chief Marketing Officer | 2202 NORTH WESTSHORE BLVD, TAMPA FL 33607 |
Patricia Filikrushel | director | DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072 |
Laura Fuentes | director | 7930 JONES BRANCH DRIVE, MCLEAN VA 22102 |
Albert S Baldocchi | director | 1601 HIGH STREET, BOULDER CO 80304 |
Marissa Andrada | officer: Chief D&I and People Officer | C/O KATE SPADE & COMPANY 2 PARK AVENUE, NEW YORK NY 10016 |
Roger E Theodoredis | officer: Chief Legal Officer & GC | 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202 |
Pershing Square Capital Management, L.p. | director | 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019 |
Jack Hartung | officer: CFO & Chief Development Ofcr | 1543 WAZEE STREET, SUITE 200, DENVER CO 80202 |
Scott Harlan Maw | director | 1411 E. MISSION AVENUE, SPOKANE WA 99202 |
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