Match Group Inc (MTCH)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 965,993 | 855,532 | 837,792 | 914,929 | 862,440 | 706,881 | 732,567 | 569,879 | 572,395 | 390,641 | 463,686 | 912,434 | 815,384 | 511,311 | 236,460 | 845,696 | 739,164 | 398,884 | 129,294 | 2,822,730 |
| Short-term investments | US$ in thousands | 4,734 | 5,323 | 5,812 | 5,938 | 6,200 | 5,936 | 8,349 | 8,448 | 8,723 | 7,678 | 9,240 | 8,663 | 11,818 | 11,874 | 12,453 | — | 347,976 | 347,976 | — | 69,912 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Quick ratio | 1.77 | 1.62 | 1.65 | 1.77 | 1.63 | 1.25 | 1.39 | 1.05 | 1.04 | 0.66 | 0.75 | 0.86 | 0.71 | 0.70 | 0.43 | 1.80 | 2.17 | 1.53 | 0.28 | 2.72 |
December 31, 2024 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($965,993K
+ $4,734K
+ $—K)
÷ $549,461K
= 1.77
The quick ratio of Match Group Inc has shown fluctuations over the past five years. It was relatively high at 2.72 on March 31, 2020, indicating a strong ability to meet short-term obligations with liquid assets. However, the ratio dropped significantly to 0.28 on June 30, 2020, suggesting potential liquidity challenges in the short term.
Subsequently, the quick ratio improved to 1.53 on September 30, 2020, and further increased to 2.17 on December 31, 2020, indicating a healthier liquidity position. The ratio then experienced a downward trend, reaching its lowest point of 0.43 on June 30, 2021, before gradually recovering.
As of December 31, 2024, the quick ratio stood at 1.77, showing an improvement in the company's ability to cover its short-term liabilities with liquid assets. Overall, while the quick ratio has fluctuated, Match Group Inc has generally maintained a reasonable level of liquidity to meet its current obligations over the years.
Peer comparison
Dec 31, 2024