MakeMyTrip Long Term Debt vs Net Invested Capital Analysis

MMYT Stock

USD 114.11 0.14 0.12%

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 Long Term Debt and its Net Invested Capital 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.

Long Term Debt vs Net Invested Capital

Long Term Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MakeMyTrip Limited Long Term Debt account and Net Invested Capital. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between MakeMyTrip's Long Term Debt and Net Invested Capital is -0.44. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital 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 Long Term Debt and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of MakeMyTrip Limited are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., MakeMyTrip's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.44

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that MakeMyTrip Limited has held for over one year. Long-term debt appears on MakeMyTrip Limited balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on MakeMyTrip Limited balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Expense	26.3M	46.7M	17.7M	10.1M
Depreciation And Amortization	29.5M	27.4M	27.3M	16.9M

Interest Expense Depreciation And Amortization

MakeMyTrip fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Common Stock Shares Outstanding		0.86	0.47	0.82	0.79	0.77	0.75	0.81	0.7	-0.54	-0.91	0.04	0.82	0.74	0.33	0.49	0.36	0.77	0.62	0.95	0.64	0.41	0.24	0.38	0.95	0.69
Total Assets	0.86		0.29	0.68	0.69	0.97	0.47	0.64	0.73	-0.65	-0.71	0.07	0.73	0.96	0.37	0.77	0.24	0.71	0.61	0.96	0.61	0.27	0.21	0.21	0.95	0.55
Short Long Term Debt Total	0.47	0.29		0.75	0.58	0.08	0.54	0.42	0.43	0.28	-0.67	-0.01	0.72	0.08	0.67	0.0	0.86	0.77	0.41	0.37	0.75	0.86	0.5	0.61	0.35	0.92
Other Current Liab	0.82	0.68	0.75		0.8	0.54	0.77	0.69	0.71	-0.32	-0.93	-0.25	0.92	0.52	0.53	0.25	0.55	0.87	0.56	0.76	0.73	0.59	0.38	0.59	0.77	0.86
Total Current Liabilities	0.79	0.69	0.58	0.8		0.55	0.52	0.68	0.7	-0.3	-0.76	0.06	0.75	0.51	0.61	0.33	0.21	0.72	0.63	0.75	0.61	0.25	0.24	0.54	0.73	0.72
Total Stockholder Equity	0.77	0.97	0.08	0.54	0.55		0.33	0.54	0.67	-0.75	-0.58	0.05	0.61	0.99	0.25	0.82	0.07	0.58	0.56	0.89	0.48	0.1	0.13	0.09	0.9	0.37
Other Liab	0.75	0.47	0.54	0.77	0.52	0.33		0.79	0.34	-0.19	-0.86	-0.11	0.63	0.34	0.07	0.07	0.49	0.55	0.29	0.68	0.39	0.54	0.16	0.34	0.66	0.62
Property Plant And Equipment Net	0.81	0.64	0.42	0.69	0.68	0.54	0.79		0.49	-0.35	-0.86	0.09	0.64	0.56	0.19	0.47	0.27	0.54	0.54	0.8	0.36	0.35	0.22	0.46	0.8	0.59
Current Deferred Revenue	0.7	0.73	0.43	0.71	0.7	0.67	0.34	0.49		-0.61	-0.65	-0.01	0.84	0.61	0.7	0.42	0.32	0.87	0.87	0.69	0.81	0.38	0.64	0.55	0.69	0.71
Net Debt	-0.54	-0.65	0.28	-0.32	-0.3	-0.75	-0.19	-0.35	-0.61		0.34	0.06	-0.46	-0.71	0.08	-0.49	0.25	-0.35	-0.54	-0.6	-0.2	0.19	-0.21	-0.19	-0.62	-0.08
Retained Earnings	-0.91	-0.71	-0.67	-0.93	-0.76	-0.58	-0.86	-0.86	-0.65	0.34		0.09	-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
Accounts Payable	0.04	0.07	-0.01	-0.25	0.06	0.05	-0.11	0.09	-0.01	0.06	0.09		-0.05	0.04	0.04	0.24	0.08	0.04	0.32	0.06	0.14	0.08	0.1	0.02	0.0	0.08
Cash	0.82	0.73	0.72	0.92	0.75	0.61	0.63	0.64	0.84	-0.46	-0.87	-0.05		0.58	0.57	0.35	0.61	0.96	0.77	0.77	0.84	0.66	0.62	0.71	0.77	0.91
Non Current Assets Total	0.74	0.96	0.08	0.52	0.51	0.99	0.34	0.56	0.61	-0.71	-0.58	0.04	0.58		0.2	0.85	0.07	0.54	0.5	0.88	0.42	0.1	0.09	0.05	0.9	0.35
Non Currrent Assets Other	0.33	0.37	0.67	0.53	0.61	0.25	0.07	0.19	0.7	0.08	-0.39	0.04	0.57	0.2		0.17	0.47	0.71	0.6	0.31	0.81	0.47	0.56	0.5	0.3	0.71
Other Assets	0.49	0.77	0.0	0.25	0.33	0.82	0.07	0.47	0.42	-0.49	-0.35	0.24	0.35	0.85	0.17		0.04	0.33	0.38	0.67	0.26	0.05	0.03	-0.04	0.68	0.22
Long Term Debt	0.36	0.24	0.86	0.55	0.21	0.07	0.49	0.27	0.32	0.25	-0.52	0.08	0.61	0.07	0.47	0.04		0.69	0.32	0.29	0.72	0.99	0.56	0.42	0.26	0.8
Cash And Short Term Investments	0.77	0.71	0.77	0.87	0.72	0.58	0.55	0.54	0.87	-0.35	-0.81	0.04	0.96	0.54	0.71	0.33	0.69		0.8	0.72	0.95	0.72	0.66	0.64	0.71	0.94
Net Receivables	0.62	0.61	0.41	0.56	0.63	0.56	0.29	0.54	0.87	-0.54	-0.58	0.32	0.77	0.5	0.6	0.38	0.32	0.8		0.59	0.75	0.39	0.76	0.71	0.59	0.7
Common Stock Total Equity	0.95	0.96	0.37	0.76	0.75	0.89	0.68	0.8	0.69	-0.6	-0.84	0.06	0.77	0.88	0.31	0.67	0.29	0.72	0.59		0.58	0.34	0.2	0.29	0.99	0.61
Short Term Investments	0.64	0.61	0.75	0.73	0.61	0.48	0.39	0.36	0.81	-0.2	-0.65	0.14	0.84	0.42	0.81	0.26	0.72	0.95	0.75	0.58		0.73	0.65	0.53	0.56	0.88
Non Current Liabilities Total	0.41	0.27	0.86	0.59	0.25	0.1	0.54	0.35	0.38	0.19	-0.58	0.08	0.66	0.1	0.47	0.05	0.99	0.72	0.39	0.34	0.73		0.62	0.48	0.31	0.83
Inventory	0.24	0.21	0.5	0.38	0.24	0.13	0.16	0.22	0.64	-0.21	-0.32	0.1	0.62	0.09	0.56	0.03	0.56	0.66	0.76	0.2	0.65	0.62		0.8	0.17	0.65
Other Current Assets	0.38	0.21	0.61	0.59	0.54	0.09	0.34	0.46	0.55	-0.19	-0.52	0.02	0.71	0.05	0.5	-0.04	0.42	0.64	0.71	0.29	0.53	0.48	0.8		0.27	0.71
Other Stockholder Equity	0.95	0.95	0.35	0.77	0.73	0.9	0.66	0.8	0.69	-0.62	-0.86	0.0	0.77	0.9	0.3	0.68	0.26	0.71	0.59	0.99	0.56	0.31	0.17	0.27		0.6
Total Liab	0.69	0.55	0.92	0.86	0.72	0.37	0.62	0.59	0.71	-0.08	-0.82	0.08	0.91	0.35	0.71	0.22	0.8	0.94	0.7	0.61	0.88	0.83	0.65	0.71	0.6

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MakeMyTrip Account Relationship Matchups

MakeMyTrip fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	105.2M	106.8M	108.5M	111.1M	118.2M	72.0M
Total Assets	1.1B	1.3B	1.3B	1.4B	1.7B	902.9M
Short Long Term Debt Total	25.6M	204.0M	216.6M	235.2M	221.6M	232.7M
Other Current Liab	71.8M	168.0M	154.9M	188.4M	132.7M	139.3M
Total Current Liabilities	179.9M	194.2M	191.2M	453.7M	297.6M	171.5M
Total Stockholder Equity	858.2M	887.5M	894.1M	869.6M	1.1B	656.6M
Other Liab	19.4M	22.0M	21.2M	14.5M	16.6M	9.8M
Property Plant And Equipment Net	36.0M	22.2M	19.3M	25.4M	25.9M	15.6M
Current Deferred Revenue	33.4M	33.7M	53.2M	75.2M	93.1M	97.7M
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 Payable	70.7M	23.8M	33.5M	45.7M	67.1M	55.5M
Cash	129.9M	295.1M	213.3M	284.0M	327.1M	343.4M
Non Current Assets Total	804.2M	807.8M	731.4M	687.9M	802.8M	543.7M
Non Currrent Assets Other	131K	88K	18.8M	24.6M	22.2M	23.3M
Other Assets	36.9M	29.0M	18.8M	24.6M	28.3M	24.4M
Long Term Debt	698K	201.6M	213.8M	15.7M	203.8M	214.0M
Cash And Short Term Investments	167.7M	424.9M	477.5M	481.1M	606.8M	637.1M
Net Receivables	57.9M	25.2M	35.9M	68.8M	97.2M	102.0M
Short Term Investments	37.8M	129.8M	264.2M	197.1M	279.7M	293.7M
Liabilities And Stockholders Equity	1.1B	1.3B	1.3B	1.4B	1.7B	902.9M
Non Current Liabilities Total	41.0M	223.6M	235.1M	30.1M	246.1M	258.4M
Inventory	36K	40K	11K	25K	145.6M	152.9M
Other Current Assets	53.4M	51.1M	5.1M	122.0M	153.1M	160.8M
Other Stockholder Equity	2.1B	2.0B	2.0B	2.1B	2.1B	1.2B
Total Liab	220.9M	417.8M	426.3M	483.8M	543.7M	570.8M
Property Plant And Equipment Gross	36.0M	22.2M	47.5M	54.0M	47.9M	50.3M
Total Current Assets	279.0M	501.2M	591.4M	671.9M	857.3M	900.1M
Accumulated Other Comprehensive Income	(115.5M)	38.5M	42.5M	9.0M	(29.9M)	(28.4M)
Short Term Debt	4.0M	2.3M	2.8M	219.5M	4.8M	4.6M
Intangible Assets	114.7M	101.0M	84.5M	67.5M	53.5M	67.8M
Property Plant Equipment	36.0M	22.2M	19.3M	25.4M	29.2M	14.7M
Good Will	607.2M	619.9M	601.2M	561.5M	559.9M	502.1M
Net Tangible Assets	136.2M	166.6M	208.5M	240.6M	276.7M	216.9M
Long Term Investments	9.3M	35.8M	7.6M	9.0M	4.3M	4.1M
Short Long Term Debt	333K	2.3M	2.8M	219.5M	1.1M	1.1M

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