Match Group Inc (MTCH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,397,760 | 1,271,310 | 882,385 | 1,218,250 | 1,020,210 |
| Total current liabilities | US$ in thousands | 549,461 | 531,768 | 556,354 | 1,168,300 | 500,036 |
| Current ratio | 2.54 | 2.39 | 1.59 | 1.04 | 2.04 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,397,760K ÷ $549,461K
= 2.54
The current ratio of Match Group Inc has displayed some fluctuations over the past five years. It stood at 2.04 as of December 31, 2020, indicating that the company had $2.04 in current assets for every dollar of current liabilities. However, there was a notable decrease in the ratio to 1.04 by December 31, 2021, which suggests a potential liquidity concern as the company may have had insufficient current assets to cover its short-term obligations.
Subsequently, there was an improvement in the current ratio to 1.59 by December 31, 2022, indicating a stronger position in terms of liquidity compared to the previous year. The trend continued to improve with ratios of 2.39 by December 31, 2023, and 2.54 by December 31, 2024. These ratios suggest that Match Group Inc had a healthy liquidity position in these years, with more than enough current assets to cover its short-term liabilities.
Overall, it is essential for Match Group Inc to continue monitoring and managing its current ratio to ensure it maintains a healthy balance between current assets and liabilities for sustainable operations and financial stability.
Peer comparison
Dec 31, 2024