Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Chipotle Mexican Grill Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cash and cash equivalents	698,743)	844,524)	725,597)	748,537)	698,547)	806,528)	727,394)	560,609)	602,307)	504,866)	409,727)	384,000)	366,623)	520,933)	615,863)	815,374)	721,109)	668,269)	694,776)	607,987)	662,401)	605,622)	500,315)
Accounts receivable, net	95,844)	105,004)	101,594)	143,963)	93,202)	97,542)	89,836)	115,535)	71,122)	60,985)	65,869)	106,880)	71,276)	83,636)	89,295)	99,599)	76,099)	75,697)	68,449)	104,500)	69,366)	68,006)	63,461)
Inventory	46,436)	40,402)	41,387)	48,942)	49,848)	35,560)	37,947)	39,309)	40,177)	36,004)	34,599)	35,668)	33,752)	29,456)	29,852)	32,826)	28,450)	25,159)	24,304)	26,445)	25,464)	24,178)	23,335)
Prepaid expenses and other current assets	100,542)	96,506)	103,945)	97,538)	87,896)	91,852)	98,118)	117,462)	104,038)	103,422)	98,389)	86,412)	76,439)	73,716)	70,403)	78,756)	72,821)	71,613)	61,615)	54,906)	50,794)	53,656)	50,781)
Income tax receivable	109,684)	80,721)	—)	67,229)	82,087)	71,529)	—)	52,960)	—)	—)	—)	47,741)	112,064)	97,874)	50,701)	94,064)	318,593)	284,612)	244,122)	282,783)	60,436)	97,840)	56,631)
Current investments	722,531)	701,968)	689,125)	674,378)	668,676)	683,287)	692,474)	734,838)	851,699)	851,142)	652,858)	515,136)	417,278)	240,684)	240,379)	260,945)	301,534)	322,460)	363,585)	343,616)	342,819)	301,041)	380,978)
Current assets	1,773,780)	1,869,125)	1,661,648)	1,780,587)	1,680,256)	1,786,298)	1,645,769)	1,620,713)	1,669,343)	1,556,419)	1,261,442)	1,175,837)	1,077,432)	1,046,299)	1,096,493)	1,381,564)	1,518,606)	1,447,810)	1,456,851)	1,420,237)	1,211,280)	1,150,343)	1,075,501)
Leasehold improvements, property and equipment, net	2,594,005)	2,503,429)	2,436,762)	2,390,126)	2,320,395)	2,265,694)	2,202,739)	2,170,038)	2,093,011)	2,021,964)	1,981,329)	1,951,147)	1,871,623)	1,813,348)	1,779,521)	1,769,278)	1,719,224)	1,666,184)	1,613,670)	1,584,311)	1,547,217)	1,498,048)	1,465,666)
Long-term investments	347,694)	518,680)	701,056)	868,025)	892,487)	972,644)	776,815)	564,488)	473,247)	430,762)	368,023)	388,055)	442,620)	359,911)	333,088)	274,311)	188,344)	150,814)	110,928)	102,328)	61,474)	—)	—)
Restricted cash	30,893)	30,704)	30,526)	29,842)	27,969)	27,664)	26,138)	25,554)	25,315)	25,106)	25,133)	24,966)	30,974)	30,895)	30,872)	30,856)	27,891)	27,877)	27,863)	27,849)	27,591)	27,979)	27,956)
Operating lease assets	4,385,099)	4,203,989)	4,075,748)	4,000,127)	3,954,689)	3,770,997)	3,670,983)	3,578,548)	3,555,808)	3,433,719)	3,334,277)	3,302,402)	3,309,051)	3,209,934)	3,147,061)	3,118,294)	3,094,045)	2,945,912)	2,858,345)	2,767,185)	2,708,218)	2,634,165)	2,591,416)
Other assets	128,438)	120,928)	116,415)	113,728)	113,935)	74,599)	66,866)	63,082)	72,830)	62,526)	61,229)	63,158)	63,798)	63,010)	58,283)	56,716)	57,518)	59,918)	59,463)	59,047)	53,921)	37,655)	24,010)
Goodwill	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)	21,939)
Long-term assets	7,508,068)	7,399,669)	7,382,446)	7,423,787)	7,331,414)	7,133,537)	6,765,480)	6,423,649)	6,242,150)	5,996,016)	5,791,930)	5,751,667)	5,740,005)	5,499,037)	5,370,764)	5,271,394)	5,108,961)	4,872,644)	4,692,208)	4,562,659)	4,420,360)	4,219,786)	4,130,987)
Total assets	9,281,848)	9,268,794)	9,044,094)	9,204,374)	9,011,670)	8,919,835)	8,411,249)	8,044,362)	7,911,493)	7,552,435)	7,053,372)	6,927,504)	6,817,437)	6,545,336)	6,467,257)	6,652,958)	6,627,567)	6,320,454)	6,149,059)	5,982,896)	5,631,640)	5,370,129)	5,206,488)

The company's financial position shows a series of notable trends in the quarterly data analyzed over multiple years. Overall, total assets have generally increased, reflecting growth and expansion in asset base.

Cash and Cash Equivalents: There is some variability in cash holdings with peaks and troughs evident over time. A notable peak occurred at the end of 2021, followed by a decline in early 2022, then a recovery and subsequent fluctuations. This suggests active cash management and possible investment or operational uses of cash during these periods.
Accounts Receivable, Net: Accounts receivable exhibited fluctuations without a clear trend, showing increases particularly in the first quarter of some years, indicating potential seasonality or changes in credit sales and collections practices.
Inventory: Inventory levels show an increasing trend over the analyzed quarters, with some seasonal peaks towards the end of calendar years. The overall growth in inventory may reflect expansion in operations or changes in supply chain strategy.
Prepaid Expenses and Other Current Assets: Prepaid expenses and other current assets have increased progressively, suggesting growing advance payments or expanding operational activity requiring such assets.
Income Tax Receivable: This item demonstrates extreme volatility with peaks and troughs, including some quarters with missing data. The fluctuations likely relate to tax settlements, credits, or adjustments, reflecting complexities in tax positions during the periods.
Current Investments: Current investments increased significantly over the periods observed, especially from late 2021 onwards, reaching high levels before stabilizing slightly. This pattern indicates a strategic accumulation of liquid or near-liquid financial assets.
Current Assets: Current assets overall increased, reflecting rises in cash, receivables, investments, prepaid expenses, and inventory. However, some quarters show declines, influenced by the movements in cash and receivables, suggesting active management of working capital.
Leasehold Improvements, Property and Equipment, Net: This category shows consistent growth, indicating ongoing investments in capital assets and property enhancements, aligned with business expansion or modernization efforts.
Long-term Investments: Long-term investments grew substantially until approximately the end of 2023, followed by a marked decline thereafter. The rise may reflect acquisition of investment securities, while the subsequent reduction could indicate divestitures or reclassification to current investments.
Restricted Cash: Restricted cash remained relatively stable with slight increases over time, suggesting maintained commitments or collateral requirements without major shifts.
Operating Lease Assets: Operating lease assets display steady and significant increases throughout the periods, underscoring increasing operational lease commitments or adoption of new lease accounting standards impacting asset recognition.
Other Assets: Other assets have generally trended upward, with occasional dips, reflecting miscellaneous non-current assets that may vary based on reclassifications or asset retirements.
Goodwill: Goodwill remains constant, indicating no significant acquisitions or impairments affecting this asset category during the analyzed quarters.
Long-term Assets: Long-term assets consistently increased, driven by growth in property and equipment, long-term investments, operating lease assets, and other assets, supporting the narrative of asset base expansion.
Total Assets: Total assets grew steadily over the timeframe, showing the company's asset base expansion, although with occasional periods of slower growth or minor declines, reflecting operational or investment cycles.

Assets: Selected Items

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Current Assets: Selected Items

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Chipotle Mexican Grill Inc. (NYSE:CMG)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data