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Match Group MTCH Consolidation Eliminations — Depreciation

Discontinued — last reported Q1 '18

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CLFEliminations — Depreciation, depletion and amortization
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SCIConsolidated Total — Depreciation
$54.91M+5.5%
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MOSCorporate, Eliminations and Other — Depreciation, depletion and amortization
$9.9M-7.5%
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HXLCorporate Reconciling Items And Eliminations — D&A
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CLFEliminations — Total Assets
$0
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CLFEliminations — Capital additions
$0

Other financials

Income statement

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Revenue$863.9M+3.9%
Gross profit$653.3M+9.9%
Operating income$236.4M+37.0%
Net income$166.8M+41.9%
EPS (diluted)$0.68+54.5%

Balance sheet

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Cash & equivalents$1.0B+149%
Total debt$4.0B+16.0%
Total equity-$218.1M-19.4%
Total assets$4.4B+13.3%

Cash flow

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Operating cash flow$194.4M+0.6%
CapEx$20.4M+32.1%
Free cash flow$174.0M-2.1%

Valuation

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Market cap$8.27B-8.6%
Enterprise value$11.22B-6.8%
P/E12.5×-4.1×
P/S2.4×-0.3×

Profitability

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Gross margin73.8%+2.0pp
Operating margin26.6%+3.1pp
Net margin18.8%+3.0pp
FCF margin29%+6.0pp

Returns & leverage

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Return on equity6%
Debt / equity1.5×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Match Group in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: Match Group’s 10-Q, filed May 10, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — depreciation mean?
This adjustment removes depreciation expenses related to intercompany asset transfers or internal capital charges. It ensures that the consolidated depreciation expense reflects only the original cost of assets acquired from external parties. This prevents the artificial inflation of depreciation through internal asset revaluations.