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
Is Masonite International (NYSE:DOOR) A Risky Investment?
Nov 02
Is Masonite International (NYSE:DOOR) Using Too Much Debt?
May 10We Think Masonite International (NYSE:DOOR) Can Stay On Top Of Its Debt
Jan 26Recent updates
Some May Be Optimistic About Masonite International's (NYSE:DOOR) Earnings
May 14Masonite International And Owens Corning Open A Door To A Shared Future
Feb 22Masonite And PGT Innovations: Slamming The Door Following A Big And Expensive Deal
Dec 19Masonite International Corporation's (NYSE:DOOR) Intrinsic Value Is Potentially 31% Above Its Share Price
Dec 15Is Masonite International (NYSE:DOOR) A Risky Investment?
Nov 02Masonite International: Slowly Opening The Door
Nov 01Here's Why We Think Masonite International (NYSE:DOOR) Is Well Worth Watching
Oct 05Is Now An Opportune Moment To Examine Masonite International Corporation (NYSE:DOOR)?
Sep 19Masonite International: There Are Better Alternatives
Sep 07Masonite International: Moving To The Sidelines After The Recent Run-Up (Rating Downgrade)
Aug 31A Look At The Intrinsic Value Of Masonite International Corporation (NYSE:DOOR)
Aug 23Returns On Capital At Masonite International (NYSE:DOOR) Have Stalled
Aug 11Is Now An Opportune Moment To Examine Masonite International Corporation (NYSE:DOOR)?
Jun 19Masonite International: Low Growth Versus Margin Expansion Strategies
Jun 15Do Masonite International's (NYSE:DOOR) Earnings Warrant Your Attention?
Jun 03Is Masonite International (NYSE:DOOR) Using Too Much Debt?
May 10Masonite International (NYSE:DOOR) Is Looking To Continue Growing Its Returns On Capital
Apr 28Masonite International Corporation's (NYSE:DOOR) Intrinsic Value Is Potentially 29% Above Its Share Price
Apr 15Should You Investigate Masonite International Corporation (NYSE:DOOR) At US$91.66?
Mar 05Masonite Non-GAAP EPS of $1.72 misses by $0.15, revenue of $676M beats by $34.99M
Feb 22Here's Why We Think Masonite International (NYSE:DOOR) Might Deserve Your Attention Today
Feb 07Masonite International: Low Valuation And Good Long-Term Growth Prospects Make It A Buy
Feb 04We Think Masonite International (NYSE:DOOR) Can Stay On Top Of Its Debt
Jan 26Masonite International's (NYSE:DOOR) Returns On Capital Are Heading Higher
Jan 10Masonite announces restructuring plan, expects annual cash savings of ~$20M
Dec 29Is There An Opportunity With Masonite International Corporation's (NYSE:DOOR) 50% Undervaluation?
Dec 28Should You Investigate Masonite International Corporation (NYSE:DOOR) At US$76.52?
Dec 02Financial Position Analysis
Short Term Liabilities: DOOR's short term assets ($1.1B) exceed its short term liabilities ($425.7M).
Long Term Liabilities: DOOR's short term assets ($1.1B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: DOOR's net debt to equity ratio (92.1%) is considered high.
Reducing Debt: DOOR's debt to equity ratio has reduced from 130.5% to 117.2% over the past 5 years.
Debt Coverage: DOOR's debt is well covered by operating cash flow (45%).
Interest Coverage: DOOR's interest payments on its debt are well covered by EBIT (5.9x coverage).