MasTec Balance Sheet Health
Financial Health criteria checks 4/6
MasTec has a total shareholder equity of $2.7B and total debt of $2.7B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are $9.4B and $6.7B respectively. MasTec's EBIT is $152.0M making its interest coverage ratio 0.6. It has cash and short-term investments of $529.6M.
Key information
100.1%
Debt to equity ratio
US$2.72b
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$529.56m |
| Equity | US$2.72b |
| Total liabilities | US$6.65b |
| Total assets | US$9.37b |
Recent financial health updates
These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Extensively
Dec 14
MasTec (NYSE:MTZ) Has A Somewhat Strained Balance Sheet
Aug 23MasTec (NYSE:MTZ) Has A Somewhat Strained Balance Sheet
May 25We Think MasTec (NYSE:MTZ) Is Taking Some Risk With Its Debt
Feb 23Is MasTec (NYSE:MTZ) A Risky Investment?
Nov 24Recent updates
Why 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 09These 4 Measures Indicate That MasTec (NYSE:MTZ) Is Using Debt Extensively
Dec 14Are Investors Undervaluing MasTec, Inc. (NYSE:MTZ) By 50%?
Nov 21MasTec: Engineering Struggles
Nov 01Is It Time To Consider Buying MasTec, Inc. (NYSE:MTZ)?
Oct 04MasTec: Struggles After The Acquisition Spree
Aug 24MasTec (NYSE:MTZ) Has A Somewhat Strained Balance Sheet
Aug 23MasTec, Inc.'s (NYSE:MTZ) Intrinsic Value Is Potentially 22% Below Its Share Price
Jul 27Is MasTec, Inc. (NYSE:MTZ) Potentially Undervalued?
Jul 06MasTec: Allocation Of FCF Towards Acquisitions Fostering Growth
Jun 05MasTec (NYSE:MTZ) Has A Somewhat Strained Balance Sheet
May 25Is Now The Time To Look At Buying MasTec, Inc. (NYSE:MTZ)?
Apr 07We Think MasTec (NYSE:MTZ) Is Taking Some Risk With Its Debt
Feb 23MasTec Q4 2022 Earnings Preview
Feb 22Calculating The Intrinsic Value Of MasTec, Inc. (NYSE:MTZ)
Feb 05MasTec's CFO Pita to step down, Treasurer DiMarco to succeed
Dec 21Is There Now An Opportunity In MasTec, Inc. (NYSE:MTZ)?
Dec 12Is MasTec (NYSE:MTZ) A Risky Investment?
Nov 24An Intrinsic Calculation For MasTec, Inc. (NYSE:MTZ) Suggests It's 39% Undervalued
Nov 05MasTec 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 06Why MasTec, Inc. (NYSE:MTZ) Could Be Worth Watching
Sep 05MasTec (NYSE:MTZ) Takes On Some Risk With Its Use Of Debt
Aug 14MasTec (NYSE:MTZ) Will Want To Turn Around Its Return Trends
Jul 23Is There An Opportunity With MasTec, Inc.'s (NYSE:MTZ) 48% Undervaluation?
Jul 08Should You Investigate MasTec, Inc. (NYSE:MTZ) At US$80.25?
May 21We Think MasTec (NYSE:MTZ) Can Stay On Top Of Its Debt
May 03Some Investors May Be Worried About MasTec's (NYSE:MTZ) Returns On Capital
Apr 20MasTec, Inc.'s (NYSE:MTZ) Intrinsic Value Is Potentially 31% Above Its Share Price
Apr 06MasTec, Inc. And Its Real Value
Mar 09At US$91.82, Is MasTec, Inc. (NYSE:MTZ) Worth Looking At Closely?
Feb 10Is MasTec (NYSE:MTZ) A Risky Investment?
Jan 28Returns At MasTec (NYSE:MTZ) Are On The Way Up
Jan 15Is MasTec, Inc. (NYSE:MTZ) Trading At A 41% Discount?
Jan 01Financial Position Analysis
Short Term Liabilities: MTZ's short term assets ($4.0B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: MTZ's short term assets ($4.0B) exceed its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: MTZ's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: MTZ's debt to equity ratio has reduced from 101.1% to 100.1% over the past 5 years.
Debt Coverage: MTZ's debt is well covered by operating cash flow (25.2%).
Interest Coverage: MTZ's interest payments on its debt are not well covered by EBIT (0.6x coverage).