Match Group Inc (MTCH)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,842,240 | 3,835,730 | 3,829,420 | 3,840,930 | 2,889,630 |
| Total assets | US$ in thousands | 4,507,890 | 4,182,760 | 5,063,290 | 3,046,450 | 8,364,800 |
| Debt-to-assets ratio | 0.85 | 0.92 | 0.76 | 1.26 | 0.35 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,842,240K ÷ $4,507,890K
= 0.85
The debt-to-assets ratio of Match Group Inc. has fluctuated over the past five years, indicating varying levels of leverage and financial risk. In 2023, the ratio stands at 0.85, which suggests that 85% of the company's assets are financed through debt. This ratio has decreased compared to the prior year, where it was 0.92.
Looking back further, in 2021, the company had a lower debt-to-assets ratio of 0.78, indicating a more conservative capital structure. However, in 2020, the ratio spiked to 1.19, which may indicate increased financial risk associated with higher debt levels compared to asset holdings.
In 2019, Match Group Inc. had a relatively low debt-to-assets ratio of 0.38, suggesting a conservative approach to debt financing. Overall, fluctuations in the debt-to-assets ratio point to changes in the company's leverage strategy and financial health over the years. Further analysis of the company's debt management practices and the impact on its overall financial performance would be beneficial.
Peer comparison
Dec 31, 2023