Chipotle Mexican Grill Inc.、合并资产负债表结构：负债和股东权益（季度数据）
|
|
2025年6月30日 |
|
2025年3月31日 |
|
2024年12月31日 |
|
2024年9月30日 |
|
2024年6月30日 |
|
2024年3月31日 |
|
2023年12月31日 |
|
2023年9月30日 |
|
2023年6月30日 |
|
2023年3月31日 |
|
2022年12月31日 |
|
2022年9月30日 |
|
2022年6月30日 |
|
2022年3月31日 |
|
2021年12月31日 |
|
2021年9月30日 |
|
2021年6月30日 |
|
2021年3月31日 |
|
2020年12月31日 |
|
2020年9月30日 |
|
2020年6月30日 |
|
2020年3月31日 |
|
|
|
应付帐款 |
2.33% | |
2.40% | |
2.29% | |
2.46% | |
2.28% | |
2.34% | |
2.46% | |
2.62% | |
2.15% | |
2.59% | |
2.66% | |
2.46% | |
2.42% | |
2.61% | |
2.45% | |
2.59% | |
2.22% | |
2.40% | |
2.04% | |
2.79% | |
2.99% | |
2.51% | |
|
|
应计工资和福利 |
2.56% | |
1.71% | |
2.85% | |
2.05% | |
2.50% | |
1.69% | |
2.83% | |
1.96% | |
2.35% | |
1.65% | |
2.46% | |
1.88% | |
2.46% | |
2.67% | |
2.44% | |
2.88% | |
3.56% | |
3.61% | |
3.39% | |
3.46% | |
2.43% | |
2.54% | |
|
|
应计负债 |
2.00% | |
2.05% | |
1.95% | |
2.01% | |
1.90% | |
2.04% | |
1.84% | |
1.91% | |
1.87% | |
2.27% | |
2.13% | |
2.29% | |
2.27% | |
2.11% | |
2.60% | |
2.31% | |
2.27% | |
2.37% | |
2.75% | |
2.81% | |
2.72% | |
2.83% | |
|
|
未实现的收入 |
2.23% | |
2.25% | |
2.59% | |
2.00% | |
2.04% | |
2.23% | |
2.61% | |
1.98% | |
2.10% | |
2.24% | |
2.64% | |
1.95% | |
2.02% | |
2.05% | |
2.35% | |
1.82% | |
1.79% | |
1.79% | |
2.14% | |
1.62% | |
1.66% | |
1.49% | |
|
|
当前经营租赁负债 |
3.10% | |
3.15% | |
3.02% | |
3.00% | |
2.96% | |
3.02% | |
3.08% | |
3.10% | |
3.23% | |
3.39% | |
3.41% | |
3.40% | |
3.53% | |
3.45% | |
3.29% | |
3.24% | |
3.38% | |
3.40% | |
3.42% | |
3.55% | |
3.67% | |
3.43% | |
|
|
应交所得税 |
0.00% | |
0.51% | |
0.00% | |
0.00% | |
0.00% | |
0.53% | |
0.00% | |
2.18% | |
1.30% | |
0.53% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
|
|
流动负债 |
12.22% |
|
12.07% |
|
12.70% |
|
11.52% |
|
11.69% |
|
11.86% |
|
12.81% |
|
13.75% |
|
13.01% |
|
12.68% |
|
13.31% |
|
12.00% |
|
12.71% |
|
12.89% |
|
13.13% |
|
12.84% |
|
13.22% |
|
13.56% |
|
13.74% |
|
14.24% |
|
13.47% |
|
12.79% |
|
|
|
长期经营租赁负债 |
48.48% | |
48.08% | |
46.31% | |
46.75% | |
45.01% | |
46.41% | |
47.28% | |
47.69% | |
48.25% | |
50.08% | |
50.45% | |
51.30% | |
51.84% | |
51.51% | |
49.63% | |
49.41% | |
49.59% | |
49.44% | |
49.35% | |
51.34% | |
52.31% | |
53.10% | |
|
|
递延所得税负债 |
0.39% | |
0.43% | |
0.50% | |
0.88% | |
0.93% | |
1.00% | |
1.11% | |
1.40% | |
1.41% | |
1.39% | |
1.42% | |
1.95% | |
1.93% | |
1.98% | |
2.13% | |
2.24% | |
2.11% | |
2.21% | |
2.50% | |
1.69% | |
1.80% | |
1.25% | |
|
|
其他责任 |
0.85% | |
0.82% | |
0.77% | |
0.75% | |
0.75% | |
0.77% | |
0.73% | |
0.67% | |
0.70% | |
0.66% | |
0.63% | |
0.61% | |
0.61% | |
0.63% | |
0.58% | |
0.64% | |
0.68% | |
0.67% | |
0.65% | |
0.67% | |
0.68% | |
0.75% | |
|
|
长期负债 |
49.72% |
|
49.33% |
|
47.59% |
|
48.38% |
|
46.69% |
|
48.18% |
|
49.12% |
|
49.77% |
|
50.36% |
|
52.14% |
|
52.51% |
|
53.86% |
|
54.38% |
|
54.11% |
|
52.34% |
|
52.29% |
|
52.38% |
|
52.33% |
|
52.49% |
|
53.70% |
|
54.79% |
|
55.10% |
|
|
|
负债合计 |
61.93% |
|
61.40% |
|
60.28% |
|
59.90% |
|
58.39% |
|
60.04% |
|
61.93% |
|
63.52% |
|
63.36% |
|
64.82% |
|
65.82% |
|
65.86% |
|
67.09% |
|
67.00% |
|
65.47% |
|
65.13% |
|
65.60% |
|
65.89% |
|
66.23% |
|
67.94% |
|
68.26% |
|
67.89% |
|
|
|
优先股，面值 0.01 美元，未发行股票 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
|
|
普通股，面值 0.01 美元 |
0.14% | |
0.15% | |
0.15% | |
0.15% | |
0.15% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
|
|
额外实收资本 |
23.27% | |
23.42% | |
22.58% | |
22.53% | |
22.69% | |
23.72% | |
24.32% | |
24.24% | |
24.90% | |
26.22% | |
26.41% | |
26.52% | |
27.23% | |
27.11% | |
25.99% | |
25.51% | |
26.17% | |
26.13% | |
25.91% | |
27.11% | |
28.06% | |
28.49% | |
|
|
库存股，按成本计算 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
-59.95% | |
-61.47% | |
-60.66% | |
-60.50% | |
-63.53% | |
-61.81% | |
-59.80% | |
-60.64% | |
-57.24% | |
-50.45% | |
-47.84% | |
-48.53% | |
-47.29% | |
-46.83% | |
-49.75% | |
-52.17% | |
-53.80% | |
|
|
累计其他综合亏损 |
-0.08% | |
-0.11% | |
-0.11% | |
-0.08% | |
-0.10% | |
-0.09% | |
-0.08% | |
-0.10% | |
-0.09% | |
-0.11% | |
-0.11% | |
-0.13% | |
-0.10% | |
-0.08% | |
-0.08% | |
-0.08% | |
-0.07% | |
-0.07% | |
-0.07% | |
-0.10% | |
-0.11% | |
-0.14% | |
|
|
留存收益 |
14.73% | |
15.14% | |
17.10% | |
17.51% | |
18.87% | |
76.28% | |
75.29% | |
72.99% | |
72.32% | |
72.59% | |
69.70% | |
67.54% | |
66.42% | |
63.20% | |
59.06% | |
57.27% | |
56.82% | |
55.35% | |
54.76% | |
54.78% | |
55.96% | |
57.56% | |
|
|
股东权益 |
38.07% |
|
38.60% |
|
39.72% |
|
40.10% |
|
41.61% |
|
39.96% |
|
38.07% |
|
36.48% |
|
36.64% |
|
35.18% |
|
34.18% |
|
34.14% |
|
32.91% |
|
33.00% |
|
34.53% |
|
34.87% |
|
34.40% |
|
34.11% |
|
33.77% |
|
32.06% |
|
31.74% |
|
32.11% |
|
|
|
负债总额和股东权益 |
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
根据报告：
10-Q (报告日期： 2025-06-30), 10-Q (报告日期： 2025-03-31), 10-K (报告日期： 2024-12-31), 10-Q (报告日期： 2024-09-30), 10-Q (报告日期： 2024-06-30), 10-Q (报告日期： 2024-03-31), 10-K (报告日期： 2023-12-31), 10-Q (报告日期： 2023-09-30), 10-Q (报告日期： 2023-06-30), 10-Q (报告日期： 2023-03-31), 10-K (报告日期： 2022-12-31), 10-Q (报告日期： 2022-09-30), 10-Q (报告日期： 2022-06-30), 10-Q (报告日期： 2022-03-31), 10-K (报告日期： 2021-12-31), 10-Q (报告日期： 2021-09-30), 10-Q (报告日期： 2021-06-30), 10-Q (报告日期： 2021-03-31), 10-K (报告日期： 2020-12-31), 10-Q (报告日期： 2020-09-30), 10-Q (报告日期： 2020-06-30), 10-Q (报告日期： 2020-03-31).
根据提供的财务数据，可以观察到公司在持续调整其负债结构以及股东权益的组成。整体来看，公司的负债占比在整个观察期中保持相对稳定，维持在大约66%至68%的范围内，显示出公司在财务杠杆方面的稳健性，但也存在一定程度的负债依赖。
从短期负债（流动负债）来看，其占比基本保持在12%至14%的区间，显示公司流动性管理总体稳定。长期负债（主要为长期经营租赁负债和长期负债）占比约在50%至54%之间，说明公司较大比例的债务安排偏向于长线融资，可能为了支持未来的扩展或更新资产结构。
应付账款和应计工资福利在负债中所占比例较为平稳，反映出公司供应链和员工成本的正常运转。应计工资和福利的比例曾在2020年第三季度出现较大波动（=3.46%），但在之后逐步回归到较低水平，显示出公司成本控制的改善或季度间的运营变动。
未实现的收入和递延所得税负债的比例在整个期间变化有限，且总体呈现出轻微波动，说明公司在资产实现和税务安排上保持较为稳定的策略。应交所得税在2022年后开始出现数据，且比例逐步上升，可能反映出盈利能力的提升或税务调整的影响。
股东权益部分，留存收益比例逐步上升，从2020年的大约55%增长到2024年的约72%，显示公司盈利的累积和再投资能力增强。同期，普通股持股比例轻微上升，额外实收资本在调整中保持相对稳定，为公司资本基础提供一定支持。
库存股方面，显著为负值，表明公司在回购股票方面持续进行，且规模在扩大。这种策略可能旨在提升股价或改善每股指标，但亦反映出公司在股东回报方面的积极行动。库存股比例的增加，在一定程度上削弱了股东权益的增长速度，但对股价的潜在支撑具有积极意义。
整体来看，公司财务结构表现出稳健特征，负债水平没有显著扩大，股东权益逐步增强，体现出盈利能力改善和资本管理的有效性。不过，应加注意负债特别是长期负债的占比变化是否持续，以及库存股策略对财务稳定性的潜在影响。此外，税务负债的逐步上升也需关注未来税务负担的变化对财务状况的潜在压力。
