MakeMyTrip (MMYT) Debt to Equity (2015 - 2025)
MakeMyTrip (MMYT) recorded quarterly Debt to Equity of $0.2 in Q1 2025, down 49.94% quarter-over-quarter from $0.39 in Q1 2024, and down 49.94% on a YoY basis from $0.39 in Q1 2024.
MakeMyTrip (MMYT) Debt to Equity (2015 - 2025) Analysis & Trends
MakeMyTrip's Debt to Equity history runs 11 years deep, the most recent figure standing at $0.2 for Q1 2025.
- In Q1 2025, Debt to Equity fell 49.94% year-over-year to $0.2; the TTM figure through Mar 2025 stood at $0.2 (down 49.94% YoY), while the FY2025 annual figure was $0.2, down 49.94% from the prior year.
- Debt to Equity was $0.2 for Q1 2025 at MakeMyTrip, down from $0.39 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.48 in Q1 2022 to a low of $0.2 in Q1 2025.
- Historically, Debt to Equity has averaged $0.36 across 5 years, with a median of $0.39 in 2024.
- The sharpest annual moves came in 2021 and 2025: Debt to Equity surged 802.6% in 2021, then plunged 49.94% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.45 in 2021, then advanced by 5.42% to $0.48 in 2022, then plunged by 43.72% to $0.27 in 2023, then surged by 45.42% to $0.39 in 2024, then plunged by 49.94% to $0.2 in 2025.
- The last three Debt to Equity figures came in at $0.2 (Q1 2025), $0.39 (Q1 2024), and $0.27 (Q1 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | -2.11 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 0.32 |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 2.01 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 1.94 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 2.43 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 6.23 |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 0.94 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 0.18 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 0.20 |
| Mar 31, 2024 | 0.39 |
| Mar 31, 2023 | 0.27 |
| Mar 31, 2022 | 0.48 |
| Mar 31, 2021 | 0.45 |
| Mar 31, 2020 | 0.05 |
| Mar 31, 2019 | 0.00 |
| Mar 31, 2018 | 0.00 |
| Mar 31, 2017 | 0.00 |
| Mar 31, 2016 | 2.52 |
| Mar 31, 2015 | 0.00 |