MasTec Balance Sheet Health
Financial Health criteria checks 3/6
MasTec has a total shareholder equity of $2.8B and total debt of $2.0B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are $8.8B and $5.9B respectively. MasTec's EBIT is $347.0M making its interest coverage ratio 1.7. It has cash and short-term investments of $181.2M.
Key information
71.9%
Debt to equity ratio
US$2.03b
Debt
Interest coverage ratio | 1.7x |
Cash | US$181.23m |
Equity | US$2.83b |
Total liabilities | US$5.93b |
Total assets | US$8.76b |
Recent financial health updates
Is MasTec (NYSE:MTZ) A Risky Investment?
Nov 20These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Reasonably Well
Jul 20Recent updates
Calculating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)
Dec 08Is MasTec (NYSE:MTZ) A Risky Investment?
Nov 20MasTec: Margin Growth And Promising Long Term Suggest A Good Buy (Rating Upgrade)
Nov 09Should You Think About Buying MasTec, Inc. (NYSE:MTZ) Now?
Oct 21MasTec: Getting Expensive In Spite Of Long-Term Tailwinds
Sep 28MasTec Is A Late Bloomer That's Finally Coming Into Its Own
Aug 12The Strong Earnings Posted By MasTec (NYSE:MTZ) Are A Good Indication Of The Strength Of The Business
Aug 09These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Reasonably Well
Jul 20MasTec: Secular Investments In 5G And The Energy Transition
Jul 02MasTec, Inc.'s (NYSE:MTZ) Share Price Not Quite Adding Up
Jun 05Why MasTec Could Be A Good Industrial Contrarian Play
Apr 17Is MasTec, Inc. (NYSE:MTZ) Trading At A 42% Discount?
Mar 03MasTec: Corrected Heavily But Still Expensive
Jan 24Revenues Not Telling The Story For MasTec, Inc. (NYSE:MTZ)
Jan 09MasTec: Engineering Struggles
Nov 01MasTec: Struggles After The Acquisition Spree
Aug 24MasTec: Allocation Of FCF Towards Acquisitions Fostering Growth
Jun 05MasTec Q4 2022 Earnings Preview
Feb 22MasTec's CFO Pita to step down, Treasurer DiMarco to succeed
Dec 21MasTec Non-GAAP EPS of $1.34 beats by $0.06, revenue of $2.51B misses by $40M
Nov 03MasTec, Inc.: Leaving Me Far From Electrified
Oct 07HSR waiting period expires for MasTec-IEA deal
Sep 06Financial Position Analysis
Short Term Liabilities: MTZ's short term assets ($3.6B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: MTZ's short term assets ($3.6B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: MTZ's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: MTZ's debt to equity ratio has increased from 61.8% to 71.9% over the past 5 years.
Debt Coverage: MTZ's debt is well covered by operating cash flow (56.1%).
Interest Coverage: MTZ's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/29 03:01 |
End of Day Share Price | 2024/12/27 00:00 |
Earnings | 2024/09/30 |
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 * |
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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
MasTec, Inc. is covered by 33 analysts. 13 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 |
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Justin Hauke | Baird |
Andrew Wittmann | Baird |
Andrew Kaplowitz | Barclays |