MMYT Stock | | | USD 111.00 2.00 1.77% |
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 Reconciled Depreciation and its Depreciation And Amortization 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.
Reconciled Depreciation vs Depreciation And Amortization
Reconciled Depreciation vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
MakeMyTrip Limited Reconciled Depreciation account and
Depreciation And Amortization. At this time, the significance of the direction appears to have almost no relationship.
The correlation between MakeMyTrip's Reconciled Depreciation and Depreciation And Amortization is 0.12. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Depreciation And Amortization 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 Reconciled Depreciation and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of MakeMyTrip Limited are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Reconciled Depreciation i.e., MakeMyTrip's Reconciled Depreciation and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | 0.12 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Reconciled Depreciation
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
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 |
MakeMyTrip fundamental ratios Correlations
Click cells to compare fundamentals
MakeMyTrip Account Relationship Matchups
High Positive Relationship
High Negative Relationship
MakeMyTrip fundamental ratios Accounts
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Additional Tools for MakeMyTrip Stock Analysis
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