Masonite International Balance Sheet Health
Financial Health criteria checks 4/6
Masonite International has a total shareholder equity of $920.1M and total debt of $1.1B, which brings its debt-to-equity ratio to 117.2%. Its total assets and total liabilities are $2.8B and $1.9B respectively. Masonite International's EBIT is $288.7M making its interest coverage ratio 5.9. It has cash and short-term investments of $230.4M.
Key information
117.2%
Debt to equity ratio
US$1.08b
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$230.44m |
| Equity | US$920.05m |
| Total liabilities | US$1.87b |
| Total assets | US$2.79b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MII's short term assets ($1.1B) exceed its short term liabilities ($425.7M).
Long Term Liabilities: MII's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: MII's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: MII's debt to equity ratio has reduced from 130.5% to 117.2% over the past 5 years.
Debt Coverage: MII's debt is well covered by operating cash flow (45%).
Interest Coverage: MII's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/15 11:51 |
| End of Day Share Price | 2024/05/15 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Masonite International Corporation is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Reuben Garner | Benchmark Company |
| Alexander Rygiel | B. Riley Securities, Inc. |