Match Group Inc (MTCH)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,507,890 | 4,182,760 | 5,063,290 | 3,046,450 | 8,364,800 |
| Total stockholders’ equity | US$ in thousands | -19,548 | -359,875 | -203,769 | -1,414,420 | 2,928,040 |
| Financial leverage ratio | — | — | — | — | 2.86 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,507,890K ÷ $-19,548K
= —
The financial leverage ratio, also known as the debt-to-equity ratio, indicates the extent to which a company is reliant on debt financing as opposed to equity financing. However, the lack of specific numerical values for Match Group Inc.'s financial leverage ratio for the years 2023, 2022, 2021, and 2020 hinders a direct comparison or trend analysis.
The available data for the financial leverage ratio in 2019, which stood at 2.85, shows that for each dollar of equity, the company had $2.85 of debt. A higher financial leverage ratio indicates higher financial risk due to increased dependency on debt for operations and growth.
Without the financial leverage ratio figures for the subsequent years, it is challenging to assess the company's changing capital structure and financial risk profile over time. To conduct a thorough analysis, it would be prudent to obtain the financial leverage ratio values for the missing years and compare them to industry benchmarks for a more comprehensive evaluation of Match Group Inc.'s leverage position.
Peer comparison
Dec 31, 2023