Chipotle Mexican Grill Quick Ratio 2010-2024 | CMG
- Chipotle Mexican Grill average quick ratio for 2023 was 1.49, a 18.25% increase from 2022.
- Chipotle Mexican Grill average quick ratio for 2022 was 1.26, a 25% increase from 2021.
- Chipotle Mexican Grill average quick ratio for 2021 was 1.68, a 6.33% decline from 2020.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.