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| Date | Value |
|---|---|
| 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 |