Match Group Inc (MTCH)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 3,842,240 | 3,840,590 | 3,838,940 | 3,837,320 | 3,835,730 | 3,834,120 | 3,832,530 | 3,830,960 | 3,829,420 | 3,847,900 | 3,845,560 | 3,843,240 | 3,840,930 | 3,521,090 | 3,527,660 | 3,625,010 | 2,889,630 | 3,111,880 | 3,138,530 | 2,332,230 |
| Total stockholders’ equity | US$ in thousands | -19,548 | -299,438 | -177,927 | -334,518 | -359,875 | -699,342 | -452,945 | -122,449 | -203,769 | -68,352 | -142,245 | -1,214,590 | -1,414,420 | -1,442,930 | -1,708,180 | 2,424,410 | 2,928,040 | 2,897,270 | 2,983,460 | 2,779,860 |
| Debt-to-capital ratio | 1.01 | 1.08 | 1.05 | 1.10 | 1.10 | 1.22 | 1.13 | 1.03 | 1.06 | 1.02 | 1.04 | 1.46 | 1.58 | 1.69 | 1.94 | 0.60 | 0.50 | 0.52 | 0.51 | 0.46 |
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
The debt-to-capital ratio of Match Group Inc. has fluctuated over the past eight quarters. In Q4 2023, the ratio stood at 1.01, indicating that the company's total debt represented 101% of its total capital. This represented a decrease from the previous quarter's ratio of 1.08.
Looking back over the past year, the debt-to-capital ratio peaked at 1.22 in Q3 2022 but has since shown a general decreasing trend, reaching a low of 1.01 in the most recent quarter. This downward trend suggests that Match Group Inc. may be effectively managing its debt levels relative to its total capital over time.
Overall, a debt-to-capital ratio of around 1.01 in Q4 2023 implies that Match Group Inc. is utilizing a balanced mix of debt and equity to finance its operations and investments. It's essential for investors and stakeholders to continue monitoring this ratio alongside other financial metrics to assess the company's financial health and risk profile.
Peer comparison
Dec 31, 2023