Question
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.
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