Match Group Inc (MTCH)

Solvency ratios

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Debt-to-assets ratio 0.85 0.92 0.76 1.26 0.35
Debt-to-capital ratio 1.01 1.10 1.06 1.58 0.50
Debt-to-equity ratio 0.99
Financial leverage ratio 2.86

Match Group Inc.'s solvency ratios provide insights into the company's ability to meet its long-term financial obligations. The debt-to-assets ratio has fluctuated over the past five years, ranging from 0.38 in 2019 to 1.19 in 2020, before decreasing to 0.85 in 2023. This trend suggests that the company has varying levels of debt relative to its total assets, with a relatively high ratio in 2020 and a lower ratio in 2023, indicating potential improvements in managing liabilities.

The debt-to-capital ratio also shows fluctuations, decreasing from 1.50 in 2020 to 1.01 in 2023. This ratio indicates the proportion of debt in the company's capital structure and suggests that Match Group has been able to reduce its reliance on debt financing over the years.

The lack of data for the debt-to-equity ratio and financial leverage ratio in the provided table limits a comprehensive analysis of these specific metrics. However, the decreasing trend in the debt-to-assets and debt-to-capital ratios over the years indicates potential improvements in Match Group's overall solvency position and financial risk management.

Overall, based on the data provided, Match Group Inc. has shown a trend towards lower debt ratios, which may indicate a strengthening solvency position and improved financial stability over the past years.


Coverage ratios

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Interest coverage 5.73 3.54 6.53 5.71 5.81

The interest coverage ratio measures a company's ability to meet its interest payments on outstanding debt obligations. Higher ratios indicate a stronger ability to cover interest expense.

Based on the data provided for Match Group Inc., we observe the following trend in interest coverage over the five-year period:

- Dec 31, 2019: Interest coverage ratio of 3.81
- Dec 31, 2020: Interest coverage ratio of 4.27
- Dec 31, 2021: Interest coverage ratio of 6.53
- Dec 31, 2022: Interest coverage ratio of 3.54
- Dec 31, 2023: Interest coverage ratio of 5.73

The company's interest coverage has shown fluctuations over the years, with the ratios ranging from 3.54 to 6.53. The ratios indicate that Match Group Inc. generally has been able to cover its interest payments comfortably, as the ratios are above 1, signifying that the company generates enough operating income to cover interest expenses.

The improving trend in interest coverage from 2019 to 2021 suggests a strengthening ability to meet interest obligations. However, the slight decrease in the interest coverage ratio in 2022 followed by a moderate increase in 2023 may indicate some variability in the company's financial performance or capital structure during these periods.

Overall, Match Group Inc. has maintained a reasonable level of interest coverage over the years, which indicates a healthy financial position regarding its ability to service its debt.