Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Below are Chipotle Income Statement and Balance Sheet for 2015 and 2016. Annual Income Statement (values in 000's) 12/31/2016 12/31/2015 Total Revenue $3,904,384 $4,501,223 Cost

Below are Chipotle Income Statement and Balance Sheet for 2015 and 2016.

Annual Income Statement (values in 000's)

12/31/2016

12/31/2015

Total Revenue

$3,904,384

$4,501,223

Cost of Revenue

$3,406,170

$3,326,936

Gross Profit

$498,214

$1,174,287

Sales, General and Admin.

$276,240

$250,214

Non-Recurring Items

$17,162

$16,922

Other Operating Items

$146,368

$130,368

Operating Income

$34,567

$763,589

Add'l income/expense items

($19,705)

($6,916)

Earnings Before Interest and Tax

$38,739

$769,867

Interest Expense

$0

$0

Earnings Before Tax

$38,739

$769,867

Income Tax

$15,801

$294,265

Net Income

$22,938

$475,602

EPS

$ 0.77

$ 15.10

Balance Sheet (values in 000's)

12/31/2016

12/31/2015

Current Assets

Cash and Cash Equivalents

$87,880

$248,005

Short-Term Investments

$329,836

$415,199

Net Receivables

$45,559

$96,435

Inventory

$15,019

$15,043

Other Current Assets

$44,080

$39,965

Total Current Assets

$522,374

$814,647

Long-Term Assets

Long-Term Investments

$125,055

$622,939

Fixed Assets

$1,303,558

$1,217,220

Goodwill

$21,939

$21,939

Other Assets

$53,177

$48,321

Total Assets

$2,026,103

$2,725,066

Liabilities and Equity

Accounts Payable

$281,793

$279,942

Total Current Liabilities

$281,793

$279,942

Other Liabilities

$33,946

$32,883

Deferred Liability Charges

$307,871

$284,267

Total Liabilities

$623,610

$597,092

Stock Holders Equity

Common Stocks Par and Surplus

$1,239,233

$1,172,986

Retained Earnings

$2,220,811

$2,197,873

Treasury Stock

($2,049,389)

($1,234,612)

Other Equity

($8,162)

($8,273)

Total Equity

$1,402,493

$2,127,974

Total Liabilities & Equity

$2,026,103

$2,725,066

a. Calculate the Quick Ratio for the last two years. Briefly analyze.

b. Calculate the DSO for the last two years. Briefly analyze.

c. Calculate the Net Fixed Asset turnover for the last two years. Briefly analyze.

d. Calculate the Debt Ratio for the last two years. Briefly analyze.

e. Calculate the Net Profit Margin for the last two years. Briefly analyze.

f. Calculate the ROE for the last two years. Briefly analyze.

g. Calculate the P/E ratio for the last two years. Briefly analyze.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The New Public Finance

Authors: Inge Kaul, Pedro Condeicao

1st Edition

0195179978, 978-0195179972

More Books

Students also viewed these Finance questions