Match Group Inc (MTCH)
Current ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,397,760 | 1,322,700 | 1,285,920 | 1,249,880 | 1,271,310 | 1,118,280 | 1,128,930 | 950,929 | 882,385 | 705,547 | 804,813 | 1,233,810 | 1,218,250 | 1,052,060 | 634,476 | 1,204,240 | 1,020,210 | 738,159 | 451,748 | 3,536,310 |
| Total current liabilities | US$ in thousands | 549,461 | 530,288 | 512,335 | 518,890 | 531,768 | 570,135 | 534,158 | 552,366 | 556,354 | 601,736 | 627,686 | 1,074,030 | 1,168,300 | 747,954 | 577,967 | 469,924 | 500,036 | 488,195 | 459,042 | 1,064,420 |
| Current ratio | 2.54 | 2.49 | 2.51 | 2.41 | 2.39 | 1.96 | 2.11 | 1.72 | 1.59 | 1.17 | 1.28 | 1.15 | 1.04 | 1.41 | 1.10 | 2.56 | 2.04 | 1.51 | 0.98 | 3.32 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,397,760K ÷ $549,461K
= 2.54
Match Group Inc's current ratio has shown fluctuations over the specified period. The current ratio, which measures the company's ability to meet its short-term obligations with its current assets, stood at 3.32 as of March 31, 2020, indicating a strong liquidity position. However, there was a sharp decline in the ratio to 0.98 by June 30, 2020, which raised concerns about the company's short-term liquidity.
Subsequently, the current ratio improved to 2.04 by December 31, 2020, suggesting a better ability to cover its current liabilities. The ratio continued to show variability throughout the following quarters, with values ranging from 1.04 to 2.56 by March 31, 2022.
Overall, Match Group Inc's current ratio remained above 1, indicating that the company generally had more current assets than current liabilities to fulfill its short-term financial obligations. However, the fluctuations in the ratio over time suggest that the company may have experienced changes in its working capital management or liquidity position. Further analysis and monitoring of the current ratio would be necessary to assess Match Group Inc's ongoing liquidity health.
Peer comparison
Dec 31, 2024