Masco Balance Sheet Health
Financial Health criteria checks 4/6
Masco has a total shareholder equity of $142.0M and total debt of $2.9B, which brings its debt-to-equity ratio to 2073.9%. Its total assets and total liabilities are $5.3B and $5.2B respectively. Masco's EBIT is $1.3B making its interest coverage ratio 14.9. It has cash and short-term investments of $646.0M.
Key information
2,073.9%
Debt to equity ratio
US$2.95b
Debt
Interest coverage ratio | 14.9x |
Cash | US$646.00m |
Equity | US$142.00m |
Total liabilities | US$5.15b |
Total assets | US$5.30b |
Recent financial health updates
Is Masco (NYSE:MAS) Using Too Much Debt?
Oct 21Is Masco (NYSE:MAS) A Risky Investment?
Jul 15Masco (NYSE:MAS) Has A Pretty Healthy Balance Sheet
Feb 28These 4 Measures Indicate That Masco (NYSE:MAS) Is Using Debt Reasonably Well
Nov 13Is Masco (NYSE:MAS) Using Too Much Debt?
Jul 31Recent updates
Earnings Miss: Masco Corporation Missed EPS By 30% And Analysts Are Revising Their Forecasts
Nov 01Is Masco (NYSE:MAS) Using Too Much Debt?
Oct 21Why Masco Corporation (NYSE:MAS) Could Be Worth Watching
Oct 07Masco: A Steady Play Is Fully Valued
Sep 23Subdued Growth No Barrier To Masco Corporation's (NYSE:MAS) Price
Sep 23Investors Shouldn't Overlook Masco's (NYSE:MAS) Impressive Returns On Capital
Sep 09Does Masco (NYSE:MAS) Deserve A Spot On Your Watchlist?
Aug 25Analysts Have Made A Financial Statement On Masco Corporation's (NYSE:MAS) Second-Quarter Report
Jul 28Masco: An Interesting Picture Has Been Painted
Jul 19Is Masco (NYSE:MAS) A Risky Investment?
Jul 15Is Now The Time To Look At Buying Masco Corporation (NYSE:MAS)?
Jul 01Why We Like The Returns At Masco (NYSE:MAS)
Jun 04A Look At The Fair Value Of Masco Corporation (NYSE:MAS)
May 22Shareholders Will Probably Not Have Any Issues With Masco Corporation's (NYSE:MAS) CEO Compensation
May 04Masco: Q1 Results Leave Downside Risk To Guidance
Apr 25Pinning 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 15Financial Position Analysis
Short Term Liabilities: MAS's short term assets ($3.0B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: MAS's short term assets ($3.0B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: MAS's net debt to equity ratio (1619%) is considered high.
Reducing Debt: MAS's debt to equity ratio has reduced from 12800% to 2073.9% over the past 5 years.
Debt Coverage: MAS's debt is well covered by operating cash flow (39.2%).
Interest Coverage: MAS's interest payments on its debt are well covered by EBIT (14.9x coverage).