Chipotle Property Plant Equipment vs Other Current Assets Analysis

CMG Stock  USD 3,148  68.94  2.24%   
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 Property Plant Equipment and its Other Current Assets 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.

Property Plant Equipment vs Other Current Assets

Property Plant Equipment vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chipotle Mexican Grill Property Plant Equipment account and Other Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chipotle Mexican's Property Plant Equipment and Other Current Assets is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Other Current Assets 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 Property Plant Equipment and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Chipotle Mexican Grill are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Property Plant Equipment i.e., Chipotle Mexican's Property Plant Equipment and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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

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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

Additional Information and Resources on Investing in Chipotle Stock

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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Hotels, Restaurants & Leisure space 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
46.76
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.