MMYTMakeMyTrip Limited

$59.19

Is it safe?

Can MMYT take a bad year?

MakeMyTrip Limited holds $21M more cash than debt, so a bad year is a question about profits, not about lenders.

$21M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Debt / equity
0.24×

Debt / equity

Annualised volatility
54%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ4 2022
$219M
Cash and short-term investments
$240M
Net cash
$21M
EBITDA, trailing twelve months
−$870K
Operating profit, trailing twelve months
−$30M
Debt / equity
0.24×
Annualised volatilitytwo years of daily moves
54%
Worst drawdown on file
−73%
Below its 52-week high
−43%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.