MakeMyTrip Other Current Liab vs Good Will Analysis

MMYT Stock

USD 77.03 1.43 1.89%

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 Other Current Liab and its Good Will 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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Other Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MakeMyTrip Limited Other Current Liab account and Good Will. At this time, the significance of the direction appears to have strong relationship.

The correlation between MakeMyTrip's Other Current Liab and Good Will is 0.79. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Good Will 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 Other Current Liab and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of MakeMyTrip Limited are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Other Current Liab i.e., MakeMyTrip's Other Current Liab and Good Will go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Other Current Liab

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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 tightly coupled 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 40.16 in 2024, whereas Selling General Administrative is likely to drop slightly above 79.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	26.3M	46.7M	53.7M	56.4M
Depreciation And Amortization	29.5M	27.4M	31.5M	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	0.92	0.62	0.75	0.75	0.82	0.71	-0.47	-0.9	0.46	0.81	0.73	0.35	0.48	0.22	0.79	0.67	0.95	0.66	0.29	-0.64	0.49	0.89	0.68
Total Assets	0.86		0.28	0.86	0.51	0.97	0.47	0.64	0.73	-0.61	-0.7	0.35	0.71	0.96	0.34	0.78	0.12	0.72	0.65	0.95	0.62	0.15	-0.65	0.24	0.89	0.52
Short Long Term Debt Total	0.47	0.28		0.41	0.76	0.08	0.52	0.43	0.47	0.38	-0.69	0.46	0.76	0.08	0.74	0.01	0.55	0.79	0.41	0.37	0.75	0.6	-0.6	0.77	0.51	0.94
Other Current Liab	0.92	0.86	0.41		0.51	0.78	0.78	0.8	0.66	-0.54	-0.87	0.23	0.79	0.78	0.22	0.55	0.28	0.73	0.51	0.94	0.54	0.34	-0.65	0.37	0.88	0.61
Total Current Liabilities	0.62	0.51	0.76	0.51		0.39	0.4	0.55	0.84	-0.13	-0.72	0.46	0.88	0.36	0.82	0.22	-0.05	0.86	0.85	0.55	0.74	0.03	-0.57	0.84	0.74	0.89
Total Stockholder Equity	0.75	0.97	0.08	0.78	0.39		0.33	0.53	0.68	-0.73	-0.57	0.21	0.59	0.99	0.22	0.82	-0.02	0.59	0.61	0.88	0.5	0.01	-0.55	0.1	0.83	0.35
Other Liab	0.75	0.47	0.52	0.78	0.4	0.33		0.79	0.34	-0.15	-0.85	0.31	0.63	0.34	0.1	0.07	0.46	0.57	0.3	0.68	0.4	0.54	-0.64	0.51	0.63	0.61
Property Plant And Equipment Net	0.82	0.64	0.43	0.8	0.55	0.53	0.79		0.5	-0.29	-0.85	0.45	0.64	0.55	0.24	0.46	0.13	0.56	0.58	0.81	0.37	0.22	-0.64	0.53	0.76	0.6
Current Deferred Revenue	0.71	0.73	0.47	0.66	0.84	0.68	0.34	0.5		-0.48	-0.68	0.27	0.83	0.63	0.72	0.44	-0.13	0.85	0.86	0.71	0.77	-0.07	-0.46	0.54	0.83	0.7
Net Debt	-0.47	-0.61	0.38	-0.54	-0.13	-0.73	-0.15	-0.29	-0.48		0.26	0.11	-0.31	-0.7	0.19	-0.49	0.45	-0.21	-0.45	-0.56	-0.05	0.42	0.07	0.07	-0.52	0.08
Retained Earnings	-0.9	-0.7	-0.69	-0.87	-0.72	-0.57	-0.85	-0.85	-0.68	0.26		-0.37	-0.89	-0.57	-0.44	-0.35	-0.34	-0.84	-0.62	-0.83	-0.67	-0.44	0.75	-0.69	-0.9	-0.83
Accounts Payable	0.46	0.35	0.46	0.23	0.46	0.21	0.31	0.45	0.27	0.11	-0.37		0.39	0.19	0.36	0.23	0.24	0.46	0.55	0.42	0.5	0.26	-0.41	0.35	0.33	0.53
Cash	0.81	0.71	0.76	0.79	0.88	0.59	0.63	0.64	0.83	-0.31	-0.89	0.39		0.57	0.63	0.35	0.23	0.96	0.75	0.77	0.8	0.31	-0.66	0.75	0.89	0.91
Non Current Assets Total	0.73	0.96	0.08	0.78	0.36	0.99	0.34	0.55	0.63	-0.7	-0.57	0.19	0.57		0.18	0.85	0.01	0.55	0.56	0.88	0.45	0.05	-0.6	0.07	0.83	0.34
Non Currrent Assets Other	0.35	0.34	0.74	0.22	0.82	0.22	0.1	0.24	0.72	0.19	-0.44	0.36	0.63	0.18		0.15	0.07	0.74	0.62	0.31	0.8	0.1	-0.39	0.66	0.48	0.76
Other Assets	0.48	0.78	0.01	0.55	0.22	0.82	0.07	0.46	0.44	-0.49	-0.35	0.23	0.35	0.85	0.15		0.02	0.35	0.44	0.67	0.29	0.04	-0.42	-0.1	0.62	0.21
Long Term Debt	0.22	0.12	0.55	0.28	-0.05	-0.02	0.46	0.13	-0.13	0.45	-0.34	0.24	0.23	0.01	0.07	0.02		0.32	-0.25	0.18	0.41	0.99	-0.34	0.05	0.12	0.42
Cash And Short Term Investments	0.79	0.72	0.79	0.73	0.86	0.59	0.57	0.56	0.85	-0.21	-0.84	0.46	0.96	0.55	0.74	0.35	0.32		0.76	0.74	0.93	0.39	-0.65	0.69	0.86	0.93
Net Receivables	0.67	0.65	0.41	0.51	0.85	0.61	0.3	0.58	0.86	-0.45	-0.62	0.55	0.75	0.56	0.62	0.44	-0.25	0.76		0.65	0.67	-0.17	-0.49	0.58	0.78	0.66
Common Stock Total Equity	0.95	0.95	0.37	0.94	0.55	0.88	0.68	0.81	0.71	-0.56	-0.83	0.42	0.77	0.88	0.31	0.67	0.18	0.74	0.65		0.62	0.24	-0.66	0.38	0.91	0.6
Short Term Investments	0.66	0.62	0.75	0.54	0.74	0.5	0.4	0.37	0.77	-0.05	-0.67	0.5	0.8	0.45	0.8	0.29	0.41	0.93	0.67	0.62		0.44	-0.51	0.57	0.7	0.85
Non Current Liabilities Total	0.29	0.15	0.6	0.34	0.03	0.01	0.54	0.22	-0.07	0.42	-0.44	0.26	0.31	0.05	0.1	0.04	0.99	0.39	-0.17	0.24	0.44		-0.41	0.14	0.21	0.49
Inventory	-0.64	-0.65	-0.6	-0.65	-0.57	-0.55	-0.64	-0.64	-0.46	0.07	0.75	-0.41	-0.66	-0.6	-0.39	-0.42	-0.34	-0.65	-0.49	-0.66	-0.51	-0.41		-0.42	-0.74	-0.69
Other Current Assets	0.49	0.24	0.77	0.37	0.84	0.1	0.51	0.53	0.54	0.07	-0.69	0.35	0.75	0.07	0.66	-0.1	0.05	0.69	0.58	0.38	0.57	0.14	-0.42		0.55	0.8
Other Stockholder Equity	0.89	0.89	0.51	0.88	0.74	0.83	0.63	0.76	0.83	-0.52	-0.9	0.33	0.89	0.83	0.48	0.62	0.12	0.86	0.78	0.91	0.7	0.21	-0.74	0.55		0.75
Total Liab	0.68	0.52	0.94	0.61	0.89	0.35	0.61	0.6	0.7	0.08	-0.83	0.53	0.91	0.34	0.76	0.21	0.42	0.93	0.66	0.6	0.85	0.49	-0.69	0.8	0.75

Click cells to compare fundamentals

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	127.8M	68.4M
Total Assets	1.1B	1.3B	1.3B	1.4B	1.6B	841.3M
Short Long Term Debt Total	25.6M	204.0M	216.6M	235.2M	270.4M	284.0M
Other Current Liab	71.8M	104.6M	72.4M	69.2M	79.5M	41.0M
Total Current Liabilities	179.9M	194.2M	191.2M	453.7M	521.7M	547.8M
Total Stockholder Equity	858.2M	887.5M	894.1M	869.6M	1.0B	621.2M
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	29.2M	14.7M
Current Deferred Revenue	33.4M	33.7M	53.2M	75.2M	86.5M	90.8M
Net Debt	(104.3M)	(91.1M)	3.3M	(48.9M)	(44.0M)	(46.2M)
Retained Earnings	(1.1B)	(1.2B)	(1.2B)	(1.2B)	(1.1B)	(1.0B)
Accounts Payable	70.7M	53.6M	62.8M	89.8M	103.2M	61.9M
Cash	129.9M	295.1M	213.3M	284.0M	326.6M	343.0M
Non Current Assets Total	804.2M	807.8M	731.4M	687.9M	791.1M	521.1M
Non Currrent Assets Other	131K	88K	18.8M	24.6M	28.3M	29.7M
Other Assets	36.9M	29.0M	18.8M	24.6M	28.3M	24.4M
Long Term Debt	698K	201.6M	213.8M	15.7M	18.0M	17.1M
Cash And Short Term Investments	167.7M	424.9M	477.5M	481.1M	553.2M	580.9M
Net Receivables	57.9M	25.2M	35.9M	68.8M	79.2M	83.1M
Short Term Investments	37.8M	129.8M	264.2M	197.1M	226.6M	237.9M
Liabilities And Stockholders Equity	1.1B	1.3B	1.3B	1.4B	1.6B	841.3M
Non Current Liabilities Total	41.0M	223.6M	235.1M	30.1M	34.6M	57.6M
Inventory	36K	40K	11K	25K	22.5K	21.4K
Other Current Assets	53.4M	51.1M	78.0M	122.0M	140.3M	147.3M
Other Stockholder Equity	2.1B	2.1B	2.1B	2.1B	2.4B	2.5B
Total Liab	220.9M	417.8M	426.3M	483.8M	556.3M	584.2M
Property Plant And Equipment Gross	36.0M	22.2M	47.5M	54.0M	62.2M	65.3M
Total Current Assets	279.0M	501.2M	591.4M	671.9M	772.7M	811.3M
Accumulated Other Comprehensive Income	(115.5M)	38.5M	42.5M	9.0M	10.4M	10.9M
Short Term Debt	4.0M	2.3M	2.8M	219.5M	252.4M	265.1M
Intangible Assets	114.7M	101.0M	84.5M	67.5M	77.6M	68.4M
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	645.7M	492.6M
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	8.1M	7.7M
Short Long Term Debt	333K	2.3M	2.8M	219.5M	252.4M	265.1M

MakeMyTrip Investors Sentiment

The influence of MakeMyTrip's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MakeMyTrip. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to MakeMyTrip's public news can be used to forecast risks associated with an investment in MakeMyTrip. The trend in average sentiment can be used to explain how an investor holding MakeMyTrip can time the market purely based on public headlines and social activities around MakeMyTrip Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

MakeMyTrip's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MakeMyTrip's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MakeMyTrip's news discussions. The higher the estimated score, the more favorable is the investor's outlook on MakeMyTrip.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MakeMyTrip in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MakeMyTrip's short interest history, or implied volatility extrapolated from MakeMyTrip options trading.

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When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:

How To Invest In MakeMyTrip

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Is MakeMyTrip Stock a good investment?

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What is MakeMyTrip's Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for MakeMyTrip Stock analysis

When running MakeMyTrip's price analysis, check to measure MakeMyTrip's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MakeMyTrip is operating at the current time. Most of MakeMyTrip's value examination focuses on studying past and present price action to predict the probability of MakeMyTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MakeMyTrip's price. Additionally, you may evaluate how the addition of MakeMyTrip to your portfolios can decrease your overall portfolio volatility.

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Is MakeMyTrip's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MakeMyTrip. If investors know MakeMyTrip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MakeMyTrip listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

257.252

Earnings Share

0.46

Revenue Per Share

6.582

Quarterly Revenue Growth

0.256

Return On Assets

0.0246

The market value of MakeMyTrip Limited is measured differently than its book value, which is the value of MakeMyTrip that is recorded on the company's balance sheet. Investors also form their own opinion of MakeMyTrip's value that differs from its market value or its book value, called intrinsic value, which is MakeMyTrip's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MakeMyTrip's market value can be influenced by many factors that don't directly affect MakeMyTrip's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MakeMyTrip Other Current Liab vs Good Will Analysis

Other Current Liab vs Good Will

Other Current Liab vs Good Will Correlation Analysis

Correlation Coefficient

Other Current Liab

Good Will

MakeMyTrip fundamental ratios Correlations

MakeMyTrip Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MakeMyTrip fundamental ratios Accounts

MakeMyTrip Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for MakeMyTrip Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Long Term Debt
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Cash And Short Term Investments	+ 0.96	Cash
Common Stock Total Equity	+ 0.95	Common Stock Shares Outstanding

Other Stockholder Equity	- 0.9	Retained Earnings
Retained Earnings	- 0.9	Common Stock Shares Outstanding
Cash	- 0.89	Retained Earnings
Retained Earnings	- 0.87	Other Current Liab
Retained Earnings	- 0.85	Property Plant And Equipment Net
Retained Earnings	- 0.85	Other Liab