Masco Balance Sheet Health
Financial Health criteria checks 4/6
Masco has a total shareholder equity of $116.0M and total debt of $2.9B, which brings its debt-to-equity ratio to 2524.1%. Its total assets and total liabilities are $5.4B and $5.2B respectively. Masco's EBIT is $1.4B making its interest coverage ratio 14.1. It has cash and short-term investments of $634.0M.
Key information
2,524.1%
Debt to equity ratio
US$2.93b
Debt
| Interest coverage ratio | 14.1x |
| Cash | US$634.00m |
| Equity | US$116.00m |
| Total liabilities | US$5.25b |
| Total assets | US$5.36b |
Recent financial health updates
Masco (NYSE:MAS) Has A Pretty Healthy Balance Sheet
Feb 28
These 4 Measures Indicate That Masco (NYSE:MAS) Is Using Debt Reasonably Well
Nov 13Is Masco (NYSE:MAS) Using Too Much Debt?
Jul 31Recent updates
Pinning Down Masco Corporation's (NYSE:MAS) P/E Is Difficult Right Now
Apr 08Here's Why We Think Masco (NYSE:MAS) Is Well Worth Watching
Mar 26Masco (NYSE:MAS) Has A Pretty Healthy Balance Sheet
Feb 28Masco Corp.: Reiterate Buy Rating As Q4 2023 Results Showed Further Signs Of Recovery
Feb 20Masco's (NYSE:MAS) Earnings Offer More Than Meets The Eye
Feb 15Masco (NYSE:MAS) Is Increasing Its Dividend To $0.29
Feb 11Estimating The Intrinsic Value Of Masco Corporation (NYSE:MAS)
Feb 07When Should You Buy Masco Corporation (NYSE:MAS)?
Jan 23Masco: Consumer Demand To Return In 2024 And Beyond
Jan 17Masco (NYSE:MAS) Is Achieving High Returns On Its Capital
Jan 08Some Confidence Is Lacking In Masco Corporation's (NYSE:MAS) P/E
Dec 22These 4 Measures Indicate That Masco (NYSE:MAS) Is Using Debt Reasonably Well
Nov 13Masco: Rating Upgrade To Buy As I See Q3 2023 Performance As Positive
Oct 31Masco (NYSE:MAS) Has Announced A Dividend Of $0.285
Oct 29A Look At The Intrinsic Value Of Masco Corporation (NYSE:MAS)
Oct 26Why Masco Corporation (NYSE:MAS) Could Be Worth Watching
Oct 11Masco: High Rates May Benefit Performance And Valuation
Oct 11Under The Bonnet, Masco's (NYSE:MAS) Returns Look Impressive
Sep 08Masco (NYSE:MAS) Is Paying Out A Dividend Of $0.285
Aug 06Masco: So Far So Good, Let's See If Q3 2023 Will Further Support The Bull Case
Jul 31Is Masco (NYSE:MAS) Using Too Much Debt?
Jul 31Masco: Continuing Uncertainty
Jul 24Is Masco Corporation (NYSE:MAS) Worth US$59.0 Based On Its Intrinsic Value?
Jul 13Is There Now An Opportunity In Masco Corporation (NYSE:MAS)?
Jun 25Under The Bonnet, Masco's (NYSE:MAS) Returns Look Impressive
Jun 07Masco: Better To Wait For More Information Regarding Rest Of FY23
May 24Masco's (NYSE:MAS) Dividend Will Be $0.285
May 15With EPS Growth And More, Masco (NYSE:MAS) Makes An Interesting Case
Apr 24Estimating The Fair Value Of Masco Corporation (NYSE:MAS)
Apr 06Should You Think About Buying Masco Corporation (NYSE:MAS) Now?
Mar 22Why We Like The Returns At Masco (NYSE:MAS)
Mar 06Masco Will Manage The Downturn Just Fine, But The Market Is Already Pricing That In
Feb 15Masco Q4 2022 Earnings Preview
Feb 08Masco sets science-based target to reduce emissions by 50% by 2030
Jan 18With EPS Growth And More, Masco (NYSE:MAS) Makes An Interesting Case
Jan 16Masco Corporation's (NYSE:MAS) Intrinsic Value Is Potentially 25% Above Its Share Price
Jan 01Masco Has Non-Discretionary Markets
Dec 09Should You Think About Buying Masco Corporation (NYSE:MAS) Now?
Dec 06We Like Masco's (NYSE:MAS) Returns And Here's How They're Trending
Nov 20Masco goes ex-dividend tomorrow
Nov 08Financial Position Analysis
Short Term Liabilities: MAS's short term assets ($2.9B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: MAS's short term assets ($2.9B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: MAS's net debt to equity ratio (1977.6%) is considered high.
Reducing Debt: MAS's debt to equity ratio has reduced from 4317.4% to 2524.1% over the past 5 years.
Debt Coverage: MAS's debt is well covered by operating cash flow (48.3%).
Interest Coverage: MAS's interest payments on its debt are well covered by EBIT (14.1x coverage).