MakeMyTrip (MMYT) Debt Ratio (2013 - 2025)

MakeMyTrip's (MMYT) quarterly Debt Ratio came in at 0.13 in Q1 2025, down 3.3% year-on-year from 0.13 in Q1 2024, and down 3.3% quarter-over-quarter from 0.13 in Q1 2024.

MakeMyTrip (MMYT) Debt Ratio (2013 - 2025) Analysis & Trends

MakeMyTrip's Debt Ratio history runs 13 years deep, the most recent figure standing at 0.13 for Q1 2025.

  • On a quarterly basis, Debt Ratio fell 3.3% year-over-year to 0.13 in Q1 2025; TTM through Mar 2025 was 0.13, a 3.3% decrease from a year earlier, with the FY2025 full-year figure at 0.13, down 3.3% from the prior year.
  • Debt Ratio declined to 0.13 in Q1 2025 per MMYT's latest filing, from 0.13 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.17 in Q1 2023 and bottomed at 0.13 in Q1 2025.
  • The 5-year median for Debt Ratio is 0.16 (2021), against an average of 0.15.
  • Across the five-year window, Debt Ratio jumped 559.68% in 2021 and decreased 22.8% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.16 in 2021, then rose by 5.09% to 0.16 in 2022, then advanced by 5.62% to 0.17 in 2023, then dropped by 22.8% to 0.13 in 2024, then slipped by 3.3% to 0.13 in 2025.
  • Per Business Quant, the three latest MMYT Debt Ratio figures stand at 0.13 (Q1 2025), 0.13 (Q1 2024), and 0.17 (Q1 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 0.66
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 0.50
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 0.09
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 0.06
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 0.45
6 Carnival 34.61 Bn 32.38 Bn - 0.48
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 0.17
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 0.64
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2025 0.13
Mar 31, 2024 0.13
Mar 31, 2023 0.17
Mar 31, 2022 0.16
Mar 31, 2021 0.16
Mar 31, 2020 0.02
Mar 31, 2019 0.00
Mar 31, 2018 0.00
Mar 31, 2017 0.00
Mar 31, 2016 0.52
Mar 31, 2015 0.27
Mar 31, 2014 0.03
Mar 31, 2013 0.04