MakeMyTrip Limited

MakeMyTrip Limitedverified

MMYT

Price:

$102.55

Market Cap:

$11.26B

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. Its services and products include air tickets; hotels; packages; rail tickets; bus tickets; and car hire, as well as ancillary travel requirements, such as visa processing and facilitating access to travel insurance. The company allows travelers to research, plan, book, and purchase travel services and products through its websites, such as makemytrip.com, goibibo.com, redbus.in, makemytri...[Read more]

Industry

Travel Services

IPO Date

2010-08-12

Stock Exchange

NASDAQ

Ticker

MMYT

The Current Ratio as of October 2024 (TTM) for MakeMyTrip Limited (MMYT) is 2.78

According to MakeMyTrip Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.78. This represents a change of 28.28% compared to the average of 2.17 of the last 4 quarters.

MakeMyTrip Limited (MMYT) Historical Current Ratio (quarterly & annually)

How has MMYT Current Ratio performed in the past?

The mean historical Current Ratio of MakeMyTrip Limited over the last ten years is 2.25. The current 2.78 Current Ratio has changed 12.24% with respect to the historical average. Over the past ten years (40 quarters), MMYT's Current Ratio was at its highest in in the June 2017 quarter at 3.67. The Current Ratio was at its lowest in in the September 2016 quarter at 0.73.

Quarterly (TTM)
Annual

Average

2.25

Median

2.21

Minimum

1.48

Maximum

3.09

MakeMyTrip Limited (MMYT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MakeMyTrip Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 94.51%

Maximum Annual Current Ratio = 3.09

Minimum Annual Increase = -52.11%

Minimum Annual Current Ratio = 1.48

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.8894.51%
20231.48-52.11%
20223.0919.83%
20212.5866.37%
20201.55-27.98%
20192.15-20.32%
20182.7038.05%
20171.96-13.84%
20162.2723.79%
20151.8432.29%

MakeMyTrip Limited (MMYT) Average Current Ratio

How has MMYT Current Ratio performed in the past?

The current Current Ratio of MakeMyTrip Limited (MMYT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.48

5-year avg

2.32

10-year avg

2.25

MakeMyTrip Limited (MMYT) Current Ratio vs. Peers

How is MMYT’s Current Ratio compared to its peers?

MakeMyTrip Limited’s Current Ratio is greater than Tuniu Corporation (1.64), greater than Mondee Holdings, Inc. (0.92), greater than Amadeus IT Group, S.A. (0.77), less than Travel + Leisure Co. (3.51), greater than Sabre Corporation (1.07), greater than Tripadvisor, Inc. (1.68), less than TUI AG (0), greater than Despegar.com, Corp. (0.54), greater than Inspirato Incorporated (0.83), greater than Lindblad Expeditions Holdings, Inc. (0.26), greater than Yatra Online, Inc. (0.74), greater than null (2.41),

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