Chipotle Common Stock vs Non Current Assets Total Analysis

CMG Stock  USD 3,152  13.35  0.43%   
Chipotle Mexican financial indicator trend analysis is way more than just evaluating Chipotle Mexican Grill prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chipotle Mexican Grill is a good investment. Please check the relationship between Chipotle Mexican Common Stock and its Non Current Assets Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chipotle Mexican Grill. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Common Stock vs Non Current Assets Total

Common Stock vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chipotle Mexican Grill Common Stock account and Non Current Assets Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chipotle Mexican's Common Stock and Non Current Assets Total is -0.33. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Chipotle Mexican Grill, assuming nothing else is changed. The correlation between historical values of Chipotle Mexican's Common Stock and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Chipotle Mexican Grill are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock i.e., Chipotle Mexican's Common Stock and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Common Stock

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Chipotle Mexican's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chipotle Mexican Grill current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chipotle Mexican Grill. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Chipotle Mexican's Sales General And Administrative To Revenue is most likely to slightly decrease in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B2.1B2.6B2.7B
Total Revenue7.5B8.6B9.9B10.4B

Chipotle Mexican fundamental ratios Correlations

0.940.990.891.0-0.690.170.980.93-0.90.980.96-0.230.960.24-0.690.97-0.69-0.370.910.80.990.940.960.950.76
0.940.970.810.93-0.660.110.930.88-0.90.940.93-0.070.940.37-0.630.95-0.63-0.340.80.890.940.860.90.920.82
0.990.970.850.98-0.670.120.970.93-0.930.980.95-0.170.970.27-0.660.98-0.66-0.340.90.870.990.940.960.960.77
0.890.810.850.87-0.710.470.780.89-0.760.80.930.090.90.11-0.850.89-0.85-0.60.850.630.820.820.740.910.61
1.00.930.980.87-0.670.140.990.93-0.90.990.94-0.260.960.22-0.670.96-0.67-0.330.920.80.990.950.970.950.74
-0.69-0.66-0.67-0.71-0.67-0.55-0.64-0.530.44-0.65-0.77-0.09-0.64-0.510.56-0.640.560.55-0.54-0.46-0.65-0.62-0.57-0.58-0.78
0.170.110.120.470.14-0.550.030.180.030.050.340.480.22-0.02-0.680.22-0.68-0.920.11-0.010.080.12-0.050.20.06
0.980.930.970.780.99-0.640.030.88-0.891.00.9-0.370.910.28-0.570.93-0.57-0.230.880.81.00.930.990.90.77
0.930.880.930.890.93-0.530.180.88-0.950.890.89-0.040.970.02-0.790.97-0.79-0.430.950.840.910.940.860.990.56
-0.9-0.9-0.93-0.76-0.90.440.03-0.89-0.95-0.9-0.810.08-0.94-0.10.62-0.940.620.24-0.9-0.94-0.91-0.91-0.89-0.96-0.6
0.980.940.980.80.99-0.650.051.00.89-0.90.91-0.340.930.28-0.590.94-0.59-0.250.880.821.00.940.990.910.77
0.960.930.950.930.94-0.770.340.90.89-0.810.91-0.050.930.32-0.770.94-0.77-0.510.830.740.920.880.860.920.79
-0.23-0.07-0.170.09-0.26-0.090.48-0.37-0.040.08-0.34-0.05-0.03-0.05-0.24-0.04-0.24-0.45-0.170.07-0.3-0.22-0.43-0.01-0.12
0.960.940.970.90.96-0.640.220.910.97-0.940.930.93-0.030.1-0.740.99-0.74-0.430.940.860.950.940.890.980.65
0.240.370.270.110.22-0.51-0.020.280.02-0.10.280.32-0.050.10.00.140.00.0-0.070.210.250.150.270.110.79
-0.69-0.63-0.66-0.85-0.670.56-0.68-0.57-0.790.62-0.59-0.77-0.24-0.740.0-0.741.00.86-0.68-0.54-0.62-0.68-0.52-0.77-0.37
0.970.950.980.890.96-0.640.220.930.97-0.940.940.94-0.040.990.14-0.74-0.74-0.440.910.880.950.930.90.980.68
-0.69-0.63-0.66-0.85-0.670.56-0.68-0.57-0.790.62-0.59-0.77-0.24-0.740.01.0-0.740.86-0.68-0.54-0.62-0.68-0.52-0.77-0.37
-0.37-0.34-0.34-0.6-0.330.55-0.92-0.23-0.430.24-0.25-0.51-0.45-0.430.00.86-0.440.86-0.31-0.26-0.29-0.34-0.16-0.42-0.18
0.910.80.90.850.92-0.540.110.880.95-0.90.880.83-0.170.94-0.07-0.680.91-0.68-0.310.760.90.940.870.930.5
0.80.890.870.630.8-0.46-0.010.80.84-0.940.820.740.070.860.21-0.540.88-0.54-0.260.760.830.810.80.860.62
0.990.940.990.820.99-0.650.081.00.91-0.911.00.92-0.30.950.25-0.620.95-0.62-0.290.90.830.940.990.930.76
0.940.860.940.820.95-0.620.120.930.94-0.910.940.88-0.220.940.15-0.680.93-0.68-0.340.940.810.940.920.930.65
0.960.90.960.740.97-0.57-0.050.990.86-0.890.990.86-0.430.890.27-0.520.9-0.52-0.160.870.80.990.920.880.74
0.950.920.960.910.95-0.580.20.90.99-0.960.910.92-0.010.980.11-0.770.98-0.77-0.420.930.860.930.930.880.64
0.760.820.770.610.74-0.780.060.770.56-0.60.770.79-0.120.650.79-0.370.68-0.37-0.180.50.620.760.650.740.64
Click cells to compare fundamentals

Chipotle Mexican Account Relationship Matchups

Chipotle Mexican fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.1B6.0B6.7B6.9B8.0B8.4B
Other Current Liab282.4M367.7M335.5M318.0M375.2M394.0M
Total Current Liabilities666.6M822.2M873.7M921.9M1.0B1.1B
Total Stockholder Equity1.7B2.0B2.3B2.4B3.1B3.2B
Non Current Assets Total4.0B4.6B5.3B5.8B6.4B6.7B
Non Currrent Assets Other46.3M(62.5M)(54.2M)(10.5M)(473K)(449.4K)
Common Stock Shares Outstanding28.3M28.4M28.5M28.1M27.7M31.5M
Liabilities And Stockholders Equity5.1B6.0B6.7B6.9B8.0B8.4B
Non Current Liabilities Total2.8B3.1B3.5B3.6B4.0B4.1B
Other Current Assets57.1M54.9M78.8M86.4M117.5M123.3M
Other Stockholder Equity(1.2B)(1.3B)(1.6B)(2.5B)(3.0B)(2.8B)
Total Liab3.4B4.0B4.4B4.6B5.0B5.2B
Total Current Assets1.1B1.4B1.4B1.2B1.6B1.7B
Other Liab76.6M188.3M180.3M142.4M163.8M182.3M
Accounts Payable115.8M122.0M163.2M184.6M197.6M207.5M
Other Assets46.3M3.0B87.6M76.4M87.9M83.5M
Inventory26.1M26.4M32.8M35.7M39.3M41.3M
Common Stock363K367K371K373K375K292.7K
Property Plant Equipment1.5B1.6B4.9B5.3B6.0B6.3B
Property Plant And Equipment Net4.0B4.4B4.9B5.3B5.7B6.0B
Current Deferred Revenue95.2M127.8M156.4M183.1M209.7M220.2M
Net Debt2.4B2.5B2.7B3.3B3.5B3.7B
Retained Earnings2.9B3.3B3.9B4.8B6.1B6.4B
Net Receivables108.3M387.3M193.7M154.6M168.5M176.9M
Common Stock Total Equity363K367K371K373K335.7K286.8K
Property Plant And Equipment Gross4.0B4.4B1.8B2.0B7.7B8.1B
Accumulated Other Comprehensive Income(5.4M)(4.2M)(5.4M)(7.9M)(6.7M)(7.0M)
Short Term Debt173.1M204.8M218.7M236.2M248.1M260.5M
Cash480.6M608.0M815.4M384M560.6M342.9M
Cash And Short Term Investments880.8M951.6M1.1B899.1M1.3B1.4B
Short Term Investments400.2M343.6M260.9M515.1M734.8M771.6M
Treasury Stock(2.7B)(2.8B)(3.4B)(4.3B)(3.9B)(3.7B)
Net Tangible Assets1.7B2.0B2.3B2.4B2.7B1.8B
Retained Earnings Total Equity2.9B3.3B3.9B4.8B5.6B5.8B
Capital Surpluse1.5B1.5B1.7B1.8B2.1B1.3B
Deferred Long Term Liab37.8M149.4M141.8M98.6M88.8M171.4M

Currently Active Assets on Macroaxis

When determining whether Chipotle Mexican Grill is a strong investment it is important to analyze Chipotle Mexican's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chipotle Mexican's future performance. For an informed investment choice regarding Chipotle Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chipotle Mexican Grill. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Chipotle Stock analysis

When running Chipotle Mexican's price analysis, check to measure Chipotle Mexican's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chipotle Mexican is operating at the current time. Most of Chipotle Mexican's value examination focuses on studying past and present price action to predict the probability of Chipotle Mexican's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chipotle Mexican's price. Additionally, you may evaluate how the addition of Chipotle Mexican to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is Chipotle Mexican's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chipotle Mexican. If investors know Chipotle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chipotle Mexican listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.239
Earnings Share
46.96
Revenue Per Share
370.953
Quarterly Revenue Growth
0.141
Return On Assets
0.1347
The market value of Chipotle Mexican Grill is measured differently than its book value, which is the value of Chipotle that is recorded on the company's balance sheet. Investors also form their own opinion of Chipotle Mexican's value that differs from its market value or its book value, called intrinsic value, which is Chipotle Mexican's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chipotle Mexican's market value can be influenced by many factors that don't directly affect Chipotle Mexican's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chipotle Mexican's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chipotle Mexican is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chipotle Mexican's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.