MakeMyTrip Treasury Stock vs Current Deferred Revenue 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 Treasury Stock and its Current Deferred 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 tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

Treasury Stock vs Current Deferred Revenue

Treasury Stock vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MakeMyTrip Limited Treasury Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between MakeMyTrip's Treasury Stock and Current Deferred Revenue is -0.58. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Current Deferred 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 Treasury Stock and Current Deferred 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 Treasury Stock of MakeMyTrip Limited are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Treasury Stock i.e., MakeMyTrip's Treasury Stock and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Treasury Stock

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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

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:
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.