Masco Balance Sheet Health
Financial Health criteria checks 4/6
Masco has a total shareholder equity of $182.0M and total debt of $2.9B, which brings its debt-to-equity ratio to 1618.1%. Its total assets and total liabilities are $5.4B and $5.2B respectively. Masco's EBIT is $1.4B making its interest coverage ratio 15. It has cash and short-term investments of $398.0M.
Key information
1,618.1%
Debt to equity ratio
US$2.95b
Debt
| Interest coverage ratio | 15x |
| Cash | US$398.00m |
| Equity | US$182.00m |
| Total liabilities | US$5.18b |
| Total assets | US$5.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M1AS34's short term assets ($2.9B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: M1AS34's short term assets ($2.9B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: M1AS34's net debt to equity ratio (1399.5%) is considered high.
Reducing Debt: M1AS34's debt to equity ratio has reduced from 4177.5% to 1618.1% over the past 5 years.
Debt Coverage: M1AS34's debt is well covered by operating cash flow (41.3%).
Interest Coverage: M1AS34's interest payments on its debt are well covered by EBIT (15x coverage).