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0 0 0.00034704147145577 -0.00281971195557872 0.00529238243970154 0.00160506680548327 0.00334027416276237 0.010714905431199
Stock impact report

Is MakeMyTrip Limited's (NASDAQ:MMYT) Stock's Recent Performance Being Led By Its Attractive Financial Prospects? [Yahoo! Finance]

MakeMyTrip Limited - Ordinary Shares (MMYT) 
Last makemytrip limited - ordinary shares earnings: 2/11 06:25 am Check Earnings Report
US:NASDAQ Investor Relations: investors.makemytrip.com
Company Research Source: Yahoo! Finance
Particularly, we will be paying attention to MakeMyTrip's ROE today. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders. See our latest analysis for MakeMyTrip Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for MakeMyTrip is: 20% = US$235m ÷ US$1.2b (Based on the trailing twelve months to September 2024). The 'return' refers to a company's earnings over the last year. One way to conceptualize this is that for each $1 of shareholders' capital it has, the company made $0.20 in profit. Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses t Show less Read more
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