How much debt does Masco have?
According to Masco's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Masco's total debt stands at $3.21B. This is broken down into:
- Long-term debt: $3.17B
- Short-term debt: $46.00M
The company's net debt, which accounts for cash and cash equivalents, is $2.58B. In terms of overall financial obligations, Masco's total liabilities amount to $5.07B.
Debt Ratios and Metrics
To better understand Masco's debt position, we can look at several key ratios:
- Debt to Equity Ratio: -4.64 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 64.07% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 13.77 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 130.77% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 127.49% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Masco's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$3.21B
Long-term Debt
$3.17B
Short-term Debt
$46.00M
Net Debt
$2.58B
Total Liabilities
$5.07B
Interest Coverage
13.77
Debt to Equity Ratio
-4.64
Debt Ratio
64.07%
Masco Historical Debt Metrics
Masco Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $3.21B | $3.17B | $46.00M | $2.58B | $5.07B | -4.64 | 64.07% | 13.77 | 130.77% | 127.49% |
| 2023 | $3.21B | $3.20B | $3.00M | $2.57B | $5.25B | -25.44 | 59.78% | 12.72 | 104.50% | 104.09% |
| 2022 | $3.41B | $3.20B | $244.00M | $2.95B | $5.43B | -13.00 | 65.66% | 12.01 | 109.76% | 108.33% |
| 2021 | $3.13B | $3.12B | $48.00M | $2.21B | $5.52B | 55.91 | 56.16% | 3.09 | 98.14% | 98.24% |
| 2020 | $2.94B | $2.94B | $42.00M | $1.62B | $5.36B | 6.99 | 50.96% | 8.99 | 86.90% | 87.49% |
| 2019 | $2.77B | $2.93B | $40.00M | $2.08B | $5.08B | -49.52 | 55.16% | 6.84 | 102.06% | 102.06% |
| 2018 | $2.98B | $2.97B | $8.00M | $2.42B | $5.32B | 43.17 | 55.24% | 7.76 | 97.73% | 97.74% |
| 2017 | $3.08B | $2.97B | $116.00M | $1.89B | $5.31B | 17.53 | 56.21% | 4.21 | 94.40% | 94.60% |
| 2016 | $3.00B | $3.00B | $2.00M | $2.01B | $5.24B | -29.10 | 58.34% | 4.60 | 103.56% | 103.56% |
| 2015 | $3.42B | $2.40B | $1.00B | $1.96B | $5.62B | 59.02 | 60.26% | 4.06 | 97.64% | 98.33% |
Related Metrics
Explore detailed financial metrics and analysis for MAS.