Chipotle Total Revenue vs Gross Profit Analysis
CMG Stock | USD 3,239 6.26 0.19% |
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 Total Revenue and its Gross Profit 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.
Total Revenue vs Gross Profit
Total Revenue vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chipotle Mexican Grill Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Chipotle Mexican's Total Revenue and Gross Profit is 0.96. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit 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 Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Chipotle Mexican Grill are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., Chipotle Mexican's Total Revenue and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Chipotle Mexican Grill generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chipotle Mexican Grill minus its cost of goods sold. It is profit before Chipotle Mexican operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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 Profit | 1.7B | 2.1B | 2.6B | 2.7B | Total Revenue | 7.5B | 8.6B | 9.9B | 10.4B |
Chipotle Mexican fundamental ratios Correlations
Click cells to compare fundamentals
Chipotle Mexican Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chipotle Mexican fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.1B | 6.0B | 6.7B | 6.9B | 8.0B | 8.4B | |
Other Current Liab | 282.4M | 367.7M | 335.5M | 318.0M | 375.2M | 394.0M | |
Total Current Liabilities | 666.6M | 822.2M | 873.7M | 921.9M | 1.0B | 1.1B | |
Total Stockholder Equity | 1.7B | 2.0B | 2.3B | 2.4B | 3.1B | 3.2B | |
Non Current Assets Total | 4.0B | 4.6B | 5.3B | 5.8B | 6.4B | 6.7B | |
Non Currrent Assets Other | 46.3M | (62.5M) | (54.2M) | (10.5M) | (473K) | (449.4K) | |
Common Stock Shares Outstanding | 28.3M | 28.4M | 28.5M | 28.1M | 27.7M | 31.5M | |
Liabilities And Stockholders Equity | 5.1B | 6.0B | 6.7B | 6.9B | 8.0B | 8.4B | |
Non Current Liabilities Total | 2.8B | 3.1B | 3.5B | 3.6B | 4.0B | 4.1B | |
Other Current Assets | 57.1M | 54.9M | 78.8M | 86.4M | 117.5M | 123.3M | |
Other Stockholder Equity | (1.2B) | (1.3B) | (1.6B) | (2.5B) | (3.0B) | (2.8B) | |
Total Liab | 3.4B | 4.0B | 4.4B | 4.6B | 5.0B | 5.2B | |
Total Current Assets | 1.1B | 1.4B | 1.4B | 1.2B | 1.6B | 1.7B | |
Other Liab | 76.6M | 188.3M | 180.3M | 142.4M | 163.8M | 182.3M | |
Accounts Payable | 115.8M | 122.0M | 163.2M | 184.6M | 197.6M | 207.5M | |
Other Assets | 46.3M | 3.0B | 87.6M | 76.4M | 87.9M | 83.5M | |
Inventory | 26.1M | 26.4M | 32.8M | 35.7M | 39.3M | 41.3M | |
Common Stock | 363K | 367K | 371K | 373K | 375K | 292.7K | |
Property Plant Equipment | 1.5B | 1.6B | 4.9B | 5.3B | 6.0B | 6.3B | |
Property Plant And Equipment Net | 4.0B | 4.4B | 4.9B | 5.3B | 5.7B | 6.0B | |
Current Deferred Revenue | 95.2M | 127.8M | 156.4M | 183.1M | 209.7M | 220.2M | |
Net Debt | 2.4B | 2.5B | 2.7B | 3.3B | 3.5B | 3.7B | |
Retained Earnings | 2.9B | 3.3B | 3.9B | 4.8B | 6.1B | 6.4B | |
Net Receivables | 108.3M | 387.3M | 193.7M | 154.6M | 168.5M | 176.9M | |
Common Stock Total Equity | 363K | 367K | 371K | 373K | 335.7K | 286.8K | |
Property Plant And Equipment Gross | 4.0B | 4.4B | 1.8B | 2.0B | 7.7B | 8.1B | |
Accumulated Other Comprehensive Income | (5.4M) | (4.2M) | (5.4M) | (7.9M) | (6.7M) | (7.0M) | |
Short Term Debt | 173.1M | 204.8M | 218.7M | 236.2M | 248.1M | 260.5M | |
Cash | 480.6M | 608.0M | 815.4M | 384M | 560.6M | 342.9M | |
Cash And Short Term Investments | 880.8M | 951.6M | 1.1B | 899.1M | 1.3B | 1.4B | |
Short Term Investments | 400.2M | 343.6M | 260.9M | 515.1M | 734.8M | 771.6M | |
Treasury Stock | (2.7B) | (2.8B) | (3.4B) | (4.3B) | (3.9B) | (3.7B) | |
Net Tangible Assets | 1.7B | 2.0B | 2.3B | 2.4B | 2.7B | 1.8B | |
Retained Earnings Total Equity | 2.9B | 3.3B | 3.9B | 4.8B | 5.6B | 5.8B | |
Capital Surpluse | 1.5B | 1.5B | 1.7B | 1.8B | 2.1B | 1.3B | |
Deferred Long Term Liab | 37.8M | 149.4M | 141.8M | 98.6M | 88.8M | 171.4M |
Pair Trading with Chipotle Mexican
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chipotle Mexican position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chipotle Mexican will appreciate offsetting losses from the drop in the long position's value.Moving together with Chipotle Stock
0.75 | CDROW | Codere Online Luxembourg | PairCorr |
Moving against Chipotle Stock
0.86 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
0.83 | BTBD | Bt Brands | PairCorr |
0.81 | CBRL | Cracker Barrel Old Financial Report 4th of June 2024 | PairCorr |
0.62 | BOWL | Bowlero Corp Financial Report 15th of May 2024 | PairCorr |
0.57 | HD | Home Depot Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Chipotle Mexican could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chipotle Mexican when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chipotle Mexican - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chipotle Mexican Grill to buy it.
The correlation of Chipotle Mexican is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chipotle Mexican moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chipotle Mexican Grill moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chipotle Mexican can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |
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 46.97 | 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.