Masonite International Balance Sheet Health
Financial Health criteria checks 3/6
Masonite International has a total shareholder equity of $859.3M and total debt of $1.1B, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are $2.7B and $1.8B respectively. Masonite International's EBIT is $308.2M making its interest coverage ratio 6.1. It has cash and short-term investments of $137.4M.
Key information
126.5%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | 6.1x |
Cash | US$137.41m |
Equity | US$859.33m |
Total liabilities | US$1.83b |
Total assets | US$2.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MII's short term assets ($953.4M) exceed its short term liabilities ($394.6M).
Long Term Liabilities: MII's short term assets ($953.4M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MII's net debt to equity ratio (110.5%) is considered high.
Reducing Debt: MII's debt to equity ratio has increased from 118.9% to 126.5% over the past 5 years.
Debt Coverage: MII's debt is well covered by operating cash flow (37.5%).
Interest Coverage: MII's interest payments on its debt are well covered by EBIT (6.1x coverage).