Masco Balance Sheet Health
Financial Health criteria checks 3/6
Masco has a total shareholder equity of $28.0M and total debt of $3.0B, which brings its debt-to-equity ratio to 10803.6%. Its total assets and total liabilities are $5.3B and $5.3B respectively. Masco's EBIT is $1.3B making its interest coverage ratio 12. It has cash and short-term investments of $380.0M.
Key information
10,803.6%
Debt to equity ratio
US$3.03b
Debt
Interest coverage ratio | 12x |
Cash | US$380.00m |
Equity | US$28.00m |
Total liabilities | US$5.28b |
Total assets | US$5.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MSQ's short term assets ($3.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: MSQ's short term assets ($3.0B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: MSQ's net debt to equity ratio (9446.4%) is considered high.
Reducing Debt: MSQ's debt to equity ratio has increased from 2358.7% to 10803.6% over the past 5 years.
Debt Coverage: MSQ's debt is well covered by operating cash flow (36.8%).
Interest Coverage: MSQ's interest payments on its debt are well covered by EBIT (12x coverage).