Match Group Inc (MTCH)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 3,479,373 | 3,485,425 | 3,471,541 | 3,437,027 | 3,364,504 | 3,284,429 | 3,212,375 | 3,177,336 | 3,188,843 | 3,208,760 | 3,201,049 | 3,114,296 | 2,983,277 | 2,828,614 | 2,666,549 | 2,514,239 | 3,075,387 | 3,641,660 | 4,248,760 | 4,879,970 |
| Total assets | US$ in thousands | 4,465,770 | 4,425,840 | 4,368,930 | 4,403,450 | 4,507,890 | 4,248,900 | 4,339,030 | 4,203,910 | 4,182,760 | 3,914,550 | 4,193,780 | 5,043,390 | 5,063,290 | 4,893,630 | 4,433,930 | 3,214,670 | 3,046,450 | 2,670,090 | 2,334,730 | 8,434,750 |
| Total asset turnover | 0.78 | 0.79 | 0.79 | 0.78 | 0.75 | 0.77 | 0.74 | 0.76 | 0.76 | 0.82 | 0.76 | 0.62 | 0.59 | 0.58 | 0.60 | 0.78 | 1.01 | 1.36 | 1.82 | 0.58 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $3,479,373K ÷ $4,465,770K
= 0.78
Total asset turnover is a financial ratio that measures a company's ability to generate sales from its assets. The ratio is calculated by dividing the company's net sales by its average total assets. A higher total asset turnover indicates that the company is more efficient in using its assets to generate revenue.
Analyzing the data provided for Match Group Inc, we can see fluctuations in the total asset turnover ratio over the years. The ratio was relatively low at 0.58 as of March 31, 2020, indicating lower sales generated per dollar of assets. However, there was a significant improvement in the total asset turnover ratio to 1.82 as of June 30, 2020, which suggests that the company efficiently utilized its assets to generate higher sales during that period.
From September 2020 to March 2024, the total asset turnover ratio fluctuated within a range of 0.58 to 0.79, indicating variations in the company's efficiency in utilizing its assets to generate sales. Overall, the company's total asset turnover ratio seems to have stabilized around the range of 0.74 to 0.79 in recent quarters.
It is important for Match Group Inc to continuously monitor and improve its total asset turnover ratio to ensure efficient utilization of assets and maximize revenue generation. Further analysis and comparison with industry benchmarks may provide valuable insights into the company's operational efficiency and effectiveness in generating sales from its asset base.
Peer comparison
Dec 31, 2024