Match Group Inc (MTCH)
Cash ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 965,993 | 862,440 | 572,395 | 815,384 | 739,164 |
| Short-term investments | US$ in thousands | 4,734 | 6,200 | 8,723 | 11,818 | 347,976 |
| Total current liabilities | US$ in thousands | 549,461 | 531,768 | 556,354 | 1,168,300 | 500,036 |
| Cash ratio | 1.77 | 1.63 | 1.04 | 0.71 | 2.17 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($965,993K
+ $4,734K)
÷ $549,461K
= 1.77
The cash ratio of Match Group Inc has shown a fluctuating trend over the past five years. In December 2020, the cash ratio was at 2.17, indicating that the company had $2.17 in cash and cash equivalents for every $1 of current liabilities. However, by December 2021, the cash ratio dropped to 0.71, suggesting a decrease in the company's liquidity position.
Subsequently, in December 2022, the cash ratio improved to 1.04, indicating that Match Group Inc had $1.04 in cash and cash equivalents for every $1 of current liabilities. This increase in the cash ratio may imply a better ability to meet short-term obligations with available cash resources.
In the following years, the cash ratio continued to rise, reaching 1.63 in December 2023 and 1.77 in December 2024. These improvements suggest that Match Group Inc bolstered its liquidity position, enhancing its ability to cover short-term liabilities with cash on hand.
Overall, while the cash ratio of Match Group Inc has displayed variability over the years, the company appears to have managed its liquidity effectively, with the ratio generally trending upwards in recent years, indicating a stronger financial position in terms of cash availability relative to current liabilities.
Peer comparison
Dec 31, 2024