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Chipotle Mexican Grill (NYSE:CMG) Debt-to-EBITDA

: 2.25 (As of Sep. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Chipotle Mexican Grill's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $232 Mil. Chipotle Mexican Grill's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $3,497 Mil. Chipotle Mexican Grill's annualized EBITDA for the quarter that ended in Sep. 2022 was $1,656 Mil. Chipotle Mexican Grill's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 2.25.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Chipotle Mexican Grill's Debt-to-EBITDA or its related term are showing as below:

CMG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.82   Med: 4.19   Max: 5.65
Current: 2.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chipotle Mexican Grill was 5.65. The lowest was 2.82. And the median was 4.19.

CMG's Debt-to-EBITDA is ranked better than
58.73% of 252 companies
in the Restaurants industry
Industry Median: 3.58 vs CMG: 2.82

Chipotle Mexican Grill Debt-to-EBITDA Historical Data

The historical data trend for Chipotle Mexican Grill's Debt-to-EBITDA 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.

* Premium members only.

Chipotle Mexican Grill Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.19 5.65 3.26

Chipotle Mexican Grill Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.84 3.84 3.34 2.20 2.25

Competitive Comparison

For the Restaurants subindustry, Chipotle Mexican Grill's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

   

Chipotle Mexican Grill Debt-to-EBITDA Distribution

For the Restaurants industry and Consumer Cyclical sector, Chipotle Mexican Grill's Debt-to-EBITDA distribution charts can be found below:

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



Chipotle Mexican Grill Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Chipotle Mexican Grill's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(218.713 + 3301.601) / 1078.891
=3.26

Chipotle Mexican Grill's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(231.947 + 3497.221) / 1656.128
=2.25

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2022) EBITDA data.


Chipotle Mexican Grill  (NYSE:CMG) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Chipotle Mexican Grill Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Chipotle Mexican Grill's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Chipotle Mexican Grill (NYSE:CMG) Business Description

Chipotle Mexican Grill logo
Traded in Other Exchanges
Address
610 Newport Center Drive, Suite 1400, Newport Beach, CA, USA, 92660
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

Chipotle Mexican Grill (NYSE:CMG) Headlines

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