MakeMyTrip Property Plant Equipment vs Total Assets Analysis

MMYT Stock  USD 67.47  0.05  0.07%   
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 Property Plant Equipment and its Total Assets 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.

Property Plant Equipment vs Total Assets

Property Plant Equipment vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MakeMyTrip Limited Property Plant Equipment account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between MakeMyTrip's Property Plant Equipment and Total Assets is 0.64. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Assets 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 Property Plant Equipment and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of MakeMyTrip Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Property Plant Equipment i.e., MakeMyTrip's Property Plant Equipment and Total Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant Equipment

Total Assets

Total assets refers to the total amount of MakeMyTrip assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MakeMyTrip Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Expense26.3M46.7M53.7M56.4M
Depreciation And Amortization29.5M27.4M31.5M16.9M

MakeMyTrip fundamental ratios Correlations

0.860.470.920.620.750.750.820.71-0.47-0.90.460.810.730.350.480.220.790.670.950.660.29-0.640.490.880.68
0.860.280.860.510.970.470.640.73-0.61-0.70.350.710.960.340.780.120.720.650.950.620.15-0.650.240.890.52
0.470.280.410.760.080.520.430.470.38-0.690.460.760.080.740.010.550.790.410.370.750.6-0.60.770.510.94
0.920.860.410.510.780.780.80.66-0.54-0.870.230.790.780.220.550.280.730.510.940.540.34-0.650.370.880.61
0.620.510.760.510.390.40.550.84-0.13-0.720.460.880.360.820.22-0.050.860.850.550.740.03-0.570.840.740.89
0.750.970.080.780.390.330.530.68-0.73-0.570.210.590.990.220.82-0.020.590.610.880.50.01-0.550.10.830.35
0.750.470.520.780.40.330.790.34-0.15-0.850.310.630.340.10.070.460.570.30.680.40.54-0.640.510.620.61
0.820.640.430.80.550.530.790.5-0.29-0.850.450.640.550.240.460.130.560.580.810.370.22-0.640.530.760.6
0.710.730.470.660.840.680.340.5-0.48-0.680.270.830.630.720.44-0.130.850.860.710.77-0.07-0.460.540.830.7
-0.47-0.610.38-0.54-0.13-0.73-0.15-0.29-0.480.260.11-0.31-0.70.19-0.490.45-0.21-0.45-0.56-0.050.420.070.07-0.530.08
-0.9-0.7-0.69-0.87-0.72-0.57-0.85-0.85-0.680.26-0.37-0.89-0.57-0.44-0.35-0.34-0.84-0.62-0.83-0.67-0.440.75-0.69-0.89-0.83
0.460.350.460.230.460.210.310.450.270.11-0.370.390.190.360.230.240.460.550.420.50.26-0.410.350.330.53
0.810.710.760.790.880.590.630.640.83-0.31-0.890.390.570.630.350.230.960.750.770.80.31-0.660.750.890.91
0.730.960.080.780.360.990.340.550.63-0.7-0.570.190.570.180.850.010.550.560.880.450.05-0.60.070.830.34
0.350.340.740.220.820.220.10.240.720.19-0.440.360.630.180.150.070.740.620.310.80.1-0.390.660.480.76
0.480.780.010.550.220.820.070.460.44-0.49-0.350.230.350.850.150.020.350.440.670.290.04-0.42-0.10.630.21
0.220.120.550.28-0.05-0.020.460.13-0.130.45-0.340.240.230.010.070.020.32-0.250.180.410.99-0.340.050.120.42
0.790.720.790.730.860.590.570.560.85-0.21-0.840.460.960.550.740.350.320.760.740.930.39-0.650.690.860.93
0.670.650.410.510.850.610.30.580.86-0.45-0.620.550.750.560.620.44-0.250.760.650.67-0.17-0.490.580.780.66
0.950.950.370.940.550.880.680.810.71-0.56-0.830.420.770.880.310.670.180.740.650.620.24-0.660.380.910.6
0.660.620.750.540.740.50.40.370.77-0.05-0.670.50.80.450.80.290.410.930.670.620.44-0.510.570.70.85
0.290.150.60.340.030.010.540.22-0.070.42-0.440.260.310.050.10.040.990.39-0.170.240.44-0.410.140.210.49
-0.64-0.65-0.6-0.65-0.57-0.55-0.64-0.64-0.460.070.75-0.41-0.66-0.6-0.39-0.42-0.34-0.65-0.49-0.66-0.51-0.41-0.42-0.74-0.69
0.490.240.770.370.840.10.510.530.540.07-0.690.350.750.070.66-0.10.050.690.580.380.570.14-0.420.550.8
0.880.890.510.880.740.830.620.760.83-0.53-0.890.330.890.830.480.630.120.860.780.910.70.21-0.740.550.74
0.680.520.940.610.890.350.610.60.70.08-0.830.530.910.340.760.210.420.930.660.60.850.49-0.690.80.74
Click cells to compare fundamentals

MakeMyTrip Account Relationship Matchups

MakeMyTrip fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding105.2M106.8M108.5M111.1M127.8M68.4M
Total Assets1.1B1.3B1.3B1.4B1.6B841.3M
Short Long Term Debt Total25.6M204.0M216.6M235.2M270.4M284.0M
Other Current Liab71.8M104.6M72.4M69.2M79.5M41.0M
Total Current Liabilities179.9M194.2M191.2M453.7M521.7M547.8M
Total Stockholder Equity858.2M887.5M894.1M869.6M1.0B621.2M
Other Liab19.4M22.0M21.2M14.5M16.6M9.8M
Property Plant And Equipment Net36.0M22.2M19.3M25.4M29.2M14.7M
Current Deferred Revenue33.4M33.7M53.2M75.2M86.5M90.8M
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 Payable70.7M53.6M62.8M89.8M103.2M61.9M
Cash129.9M295.1M213.3M284.0M326.6M343.0M
Non Current Assets Total804.2M807.8M731.4M687.9M791.1M521.1M
Non Currrent Assets Other131K88K18.8M24.6M28.3M29.7M
Other Assets36.9M29.0M18.8M24.6M28.3M24.4M
Long Term Debt698K201.6M213.8M15.7M18.0M17.1M
Cash And Short Term Investments167.7M424.9M477.5M481.1M553.2M580.9M
Net Receivables57.9M25.2M35.9M68.8M79.2M83.1M
Short Term Investments37.8M129.8M264.2M197.1M226.6M237.9M
Liabilities And Stockholders Equity1.1B1.3B1.3B1.4B1.6B841.3M
Non Current Liabilities Total41.0M223.6M235.1M30.1M34.6M57.6M
Inventory36K40K11K25K22.5K21.4K
Other Current Assets53.4M51.1M78.0M122.0M140.3M147.3M
Other Stockholder Equity2.1B2.1B2.1B2.1B2.4B2.5B
Total Liab220.9M417.8M426.3M483.8M556.3M584.2M
Property Plant And Equipment Gross36.0M22.2M47.5M54.0M62.2M65.3M
Total Current Assets279.0M501.2M591.4M671.9M772.7M811.3M
Accumulated Other Comprehensive Income(115.5M)38.5M42.5M9.0M10.4M10.9M
Short Term Debt4.0M2.3M2.8M219.5M252.4M265.1M
Intangible Assets114.7M101.0M84.5M67.5M77.6M68.4M
Property Plant Equipment36.0M22.2M19.3M25.4M29.2M14.7M
Good Will607.2M619.9M601.2M561.5M645.7M492.6M
Net Tangible Assets136.2M166.6M208.5M240.6M276.7M216.9M
Long Term Investments9.3M35.8M7.6M9.0M8.1M7.7M
Short Long Term Debt333K2.3M2.8M219.5M252.4M265.1M

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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:
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.