Earnings can be decomposed into cash and accrual components. The accrual component (aggregate accruals) has been found to have less persistence than the cash component, and therefore (1) earnings with higher accrual component are less persistent than earnings with smaller accrual component, all else equal; and (2) the cash component of earnings should receive a higher weighting evaluating company performance.
Paying user area
Try for free
Chipotle Mexican Grill Inc. pages available for free this week:
- Common-Size Balance Sheet: Assets
- Analysis of Liquidity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to FCFF (EV/FCFF)
- Price to FCFE (P/FCFE)
- Return on Equity (ROE) since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Sales (P/S) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Chipotle Mexican Grill Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Balance-Sheet-Based Accruals Ratio
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Operating Assets | ||||||
Total assets | ||||||
Less: Cash and cash equivalents | ||||||
Less: Current investments | ||||||
Operating assets | ||||||
Operating Liabilities | ||||||
Total liabilities | ||||||
Operating liabilities | ||||||
Net operating assets1 | ||||||
Balance-sheet-based aggregate accruals2 | ||||||
Financial Ratio | ||||||
Balance-sheet-based accruals ratio3 | ||||||
Benchmarks | ||||||
Balance-Sheet-Based Accruals Ratio, Competitors4 | ||||||
Airbnb Inc. | ||||||
Booking Holdings Inc. | ||||||
McDonald’s Corp. | ||||||
Starbucks Corp. | ||||||
Balance-Sheet-Based Accruals Ratio, Sector | ||||||
Consumer Services | ||||||
Balance-Sheet-Based Accruals Ratio, Industry | ||||||
Consumer Discretionary |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Net operating assets = Operating assets – Operating liabilities
= – =
2 2023 Calculation
Balance-sheet-based aggregate accruals = Net operating assets2023 – Net operating assets2022
= – =
3 2023 Calculation
Balance-sheet-based accruals ratio = 100 × Balance-sheet-based aggregate accruals ÷ Avg. net operating assets
= 100 × ÷ [( + ) ÷ 2] =
4 Click competitor name to see calculations.
Financial ratio | Description | The company |
---|---|---|
Balance-sheet-based accruals ratio | Ratio is found by dividing balance-sheet-based aggregate accruals by average net operating assets. | Using the balance-sheet-based accruals ratio, Chipotle Mexican Grill Inc. improved earnings quality from 2022 to 2023. |
Cash-Flow-Statement-Based Accruals Ratio
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Net income | ||||||
Less: Net cash provided by operating activities | ||||||
Less: Net cash used in investing activities | ||||||
Cash-flow-statement-based aggregate accruals | ||||||
Financial Ratio | ||||||
Cash-flow-statement-based accruals ratio1 | ||||||
Benchmarks | ||||||
Cash-Flow-Statement-Based Accruals Ratio, Competitors2 | ||||||
Airbnb Inc. | ||||||
Booking Holdings Inc. | ||||||
McDonald’s Corp. | ||||||
Starbucks Corp. | ||||||
Cash-Flow-Statement-Based Accruals Ratio, Sector | ||||||
Consumer Services | ||||||
Cash-Flow-Statement-Based Accruals Ratio, Industry | ||||||
Consumer Discretionary |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).
1 2023 Calculation
Cash-flow-statement-based accruals ratio = 100 × Cash-flow-statement-based aggregate accruals ÷ Avg. net operating assets
= 100 × ÷ [( + ) ÷ 2] =
2 Click competitor name to see calculations.
Financial ratio | Description | The company |
---|---|---|
Cash-flow-statement-based accruals ratio | Ratio is found by dividing cash-flow-statement-based aggregate accruals by average net operating assets. | Using the cash-flow-statement-based accruals ratio, Chipotle Mexican Grill Inc. improved earnings quality from 2022 to 2023. |