Match Group Inc (MTCH)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | -19,548 | -359,875 | -203,769 | -1,414,420 | 2,928,040 |
| Debt-to-capital ratio | 1.01 | 1.10 | 1.06 | 1.58 | 0.50 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,842,240K ÷ ($3,842,240K + $-19,548K)
= 1.01
Match Group Inc.'s debt-to-capital ratio has exhibited fluctuations over the past five years. The ratio stood at 0.52 in 2019, indicating a relatively lower level of debt compared to its capital structure. However, in 2020, there was a significant increase to 1.50, suggesting a higher reliance on debt to finance the company's operations.
Subsequently, there was a downward trend in the debt-to-capital ratio over the next two years, reaching 1.05 in 2021 and further declining to 1.10 in 2022. This decrease may indicate efforts to reduce debt levels relative to the total capital of the company.
As of December 31, 2023, the debt-to-capital ratio of Match Group Inc. stood at 1.01, showing a continued downward trajectory from the previous year. This suggests a relatively lower proportion of debt in the company's capital structure, which could reflect improved financial stability and risk management.
Overall, the analysis of Match Group Inc.'s debt-to-capital ratio indicates varying levels of leverage in the company's capital structure over the past five years, with recent trends showing a decrease in reliance on debt financing.
Peer comparison
Dec 31, 2023