Masco (MAS) Debt-to-Equity

: -25.44 (As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

Masco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3 Mil. Masco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,203 Mil. Masco's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-126 Mil. Masco's debt to equity for the quarter that ended in Dec. 2023 was -25.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Masco's Debt-to-Equity or its related term are showing as below:

MAS' s Debt-to-Equity Range Over the Past 10 Years
Min: -58.21 Med: -15.18 Max: 15.3
Current: -25.44

During the past 13 years, the highest Debt-to-Equity Ratio of Masco was 15.30. The lowest was -58.21. And the median was -15.18.

MAS's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.43 vs MAS: -25.44

Masco Debt-to-Equity Historical Data

The historical data trend for Masco's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Masco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-12.65

15.30

-17.70

-7.18

-25.44

Masco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-7.18	-9.53	-17.07	-58.43	-25.44

Competitive Comparison

For the Building Products & Equipment subindustry, Masco's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Masco Debt-to-Equity Distribution

For the Construction industry and Industrials sector, Masco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Masco's Debt-to-Equity falls into.

Masco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Masco's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3	+	3203)	/	-126
	=	-25.44

Masco's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3	+	3203)	/	-126
	=	-25.44

Masco (NYSE:MAS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Masco Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Masco's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Masco (MAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Masco Corp (NYSE:MAS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MAS:Mexico MSQ:Germany MSQ:Germany

Address

17450 College Parkway, Livonia, MI, USA, 48152

Website

https://www.masco.com

Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.

Executives

Kenneth G. Cole	officer: VP, General Counsel and Sec.	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jai Shah	officer: VP - Chief HR Officer	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Richard J. Westenberg	officer: VP and CFO	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Donald R Parfet	director	C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Renee Straber	officer: VP - Chief HR Officer	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Keith J. Allman	director, officer: President and CEO	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Reddy Sandeep	director	C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
David A. Chaika	officer: Interim CFO	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jonathon Nudi	director	GENERAL MILLS, INC., ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
John G Sznewajs	officer: VP Corp. Development&Treasurer	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Imran Ahmad	officer: Group President	17450 COLLEGE PARKWAY, LIVONIA MI 48152
Turner Reginald M Jr	director	500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Stevens Charles K. Iii	director	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Aine Denari	director	C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Robin L Zondervan	officer: VP, Controller and CAO	901 44TH STREET SE, GRAND RAPIDS MI 49508