MakeMyTrip Total Revenue vs Ebit Per Revenue Analysis

MMYT Stock  USD 109.90  1.17  1.08%   
MakeMyTrip financial indicator trend analysis is infinitely more than just investigating MakeMyTrip Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MakeMyTrip Limited is a good investment. Please check the relationship between MakeMyTrip Total Revenue and its Ebit Per Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Total Revenue vs Ebit Per Revenue

Total Revenue vs Ebit Per Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MakeMyTrip Limited Total Revenue account and Ebit Per Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between MakeMyTrip's Total Revenue and Ebit Per Revenue is 0.39. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Ebit Per Revenue in the same time period over historical financial statements of MakeMyTrip Limited, assuming nothing else is changed. The correlation between historical values of MakeMyTrip's Total Revenue and Ebit Per Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of MakeMyTrip Limited are associated (or correlated) with its Ebit Per Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit Per Revenue has no effect on the direction of Total Revenue i.e., MakeMyTrip's Total Revenue and Ebit Per Revenue go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts MakeMyTrip Limited generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Ebit Per Revenue

Most indicators from MakeMyTrip's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MakeMyTrip Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, MakeMyTrip's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 59.22 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.20 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense26.3M46.7M17.7M10.1M
Depreciation And Amortization29.5M27.4M27.3M16.9M

MakeMyTrip fundamental ratios Correlations

0.860.470.820.790.770.750.810.7-0.54-0.910.040.820.740.330.490.360.770.620.950.640.410.240.380.950.69
0.860.290.680.690.970.470.640.73-0.65-0.710.070.730.960.370.770.240.710.610.960.610.270.210.210.950.55
0.470.290.750.580.080.540.420.430.28-0.67-0.010.720.080.670.00.860.770.410.370.750.860.50.610.350.92
0.820.680.750.80.540.770.690.71-0.32-0.93-0.250.920.520.530.250.550.870.560.760.730.590.380.590.770.86
0.790.690.580.80.550.520.680.7-0.3-0.760.060.750.510.610.330.210.720.630.750.610.250.240.540.730.72
0.770.970.080.540.550.330.540.67-0.75-0.580.050.610.990.250.820.070.580.560.890.480.10.130.090.90.37
0.750.470.540.770.520.330.790.34-0.19-0.86-0.110.630.340.070.070.490.550.290.680.390.540.160.340.660.62
0.810.640.420.690.680.540.790.49-0.35-0.860.090.640.560.190.470.270.540.540.80.360.350.220.460.80.59
0.70.730.430.710.70.670.340.49-0.61-0.65-0.010.840.610.70.420.320.870.870.690.810.380.640.550.690.71
-0.54-0.650.28-0.32-0.3-0.75-0.19-0.35-0.610.340.06-0.46-0.710.08-0.490.25-0.35-0.54-0.6-0.20.19-0.21-0.19-0.62-0.08
-0.91-0.71-0.67-0.93-0.76-0.58-0.86-0.86-0.650.340.09-0.87-0.58-0.39-0.35-0.52-0.81-0.58-0.84-0.65-0.58-0.32-0.52-0.86-0.82
0.040.07-0.01-0.250.060.05-0.110.09-0.010.060.09-0.050.040.040.240.080.040.320.060.140.080.10.020.00.08
0.820.730.720.920.750.610.630.640.84-0.46-0.87-0.050.580.570.350.610.960.770.770.840.660.620.710.770.91
0.740.960.080.520.510.990.340.560.61-0.71-0.580.040.580.20.850.070.540.50.880.420.10.090.050.90.35
0.330.370.670.530.610.250.070.190.70.08-0.390.040.570.20.170.470.710.60.310.810.470.560.50.30.71
0.490.770.00.250.330.820.070.470.42-0.49-0.350.240.350.850.170.040.330.380.670.260.050.03-0.040.680.22
0.360.240.860.550.210.070.490.270.320.25-0.520.080.610.070.470.040.690.320.290.720.990.560.420.260.8
0.770.710.770.870.720.580.550.540.87-0.35-0.810.040.960.540.710.330.690.80.720.950.720.660.640.710.94
0.620.610.410.560.630.560.290.540.87-0.54-0.580.320.770.50.60.380.320.80.590.750.390.760.710.590.7
0.950.960.370.760.750.890.680.80.69-0.6-0.840.060.770.880.310.670.290.720.590.580.340.20.290.990.61
0.640.610.750.730.610.480.390.360.81-0.2-0.650.140.840.420.810.260.720.950.750.580.730.650.530.560.88
0.410.270.860.590.250.10.540.350.380.19-0.580.080.660.10.470.050.990.720.390.340.730.620.480.310.83
0.240.210.50.380.240.130.160.220.64-0.21-0.320.10.620.090.560.030.560.660.760.20.650.620.80.170.65
0.380.210.610.590.540.090.340.460.55-0.19-0.520.020.710.050.5-0.040.420.640.710.290.530.480.80.270.71
0.950.950.350.770.730.90.660.80.69-0.62-0.860.00.770.90.30.680.260.710.590.990.560.310.170.270.6
0.690.550.920.860.720.370.620.590.71-0.08-0.820.080.910.350.710.220.80.940.70.610.880.830.650.710.6
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MakeMyTrip Account Relationship Matchups

MakeMyTrip fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding105.2M106.8M108.5M111.1M118.2M72.0M
Total Assets1.1B1.3B1.3B1.4B1.7B902.9M
Short Long Term Debt Total25.6M204.0M216.6M235.2M221.6M232.7M
Other Current Liab71.8M168.0M154.9M188.4M132.7M139.3M
Total Current Liabilities179.9M194.2M191.2M453.7M297.6M171.5M
Total Stockholder Equity858.2M887.5M894.1M869.6M1.1B656.6M
Other Liab19.4M22.0M21.2M14.5M16.6M9.8M
Property Plant And Equipment Net36.0M22.2M19.3M25.4M25.9M15.6M
Current Deferred Revenue33.4M33.7M53.2M75.2M93.1M97.7M
Net Debt(104.3M)(91.1M)3.3M(48.9M)(105.4M)(100.2M)
Retained Earnings(1.1B)(1.2B)(1.2B)(1.2B)(1.0B)(969.5M)
Accounts Payable70.7M23.8M33.5M45.7M67.1M55.5M
Cash129.9M295.1M213.3M284.0M327.1M343.4M
Non Current Assets Total804.2M807.8M731.4M687.9M802.8M543.7M
Non Currrent Assets Other131K88K18.8M24.6M22.2M23.3M
Other Assets36.9M29.0M18.8M24.6M28.3M24.4M
Long Term Debt698K201.6M213.8M15.7M203.8M214.0M
Cash And Short Term Investments167.7M424.9M477.5M481.1M606.8M637.1M
Net Receivables57.9M25.2M35.9M68.8M97.2M102.0M
Short Term Investments37.8M129.8M264.2M197.1M279.7M293.7M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.4B1.7B902.9M
Non Current Liabilities Total41.0M223.6M235.1M30.1M246.1M258.4M
Inventory36K40K11K25K145.6M152.9M
Other Current Assets53.4M51.1M5.1M122.0M153.1M160.8M
Other Stockholder Equity2.1B2.0B2.0B2.1B2.1B1.2B
Total Liab220.9M417.8M426.3M483.8M543.7M570.8M
Property Plant And Equipment Gross36.0M22.2M47.5M54.0M47.9M50.3M
Total Current Assets279.0M501.2M591.4M671.9M857.3M900.1M
Accumulated Other Comprehensive Income(115.5M)38.5M42.5M9.0M(29.9M)(28.4M)
Short Term Debt4.0M2.3M2.8M219.5M4.8M4.6M
Intangible Assets114.7M101.0M84.5M67.5M53.5M67.8M
Property Plant Equipment36.0M22.2M19.3M25.4M29.2M14.7M
Good Will607.2M619.9M601.2M561.5M559.9M502.1M
Net Tangible Assets136.2M166.6M208.5M240.6M276.7M216.9M
Long Term Investments9.3M35.8M7.6M9.0M4.3M4.1M
Short Long Term Debt333K2.3M2.8M219.5M1.1M1.1M

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Additional Tools for MakeMyTrip Stock Analysis

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