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Masco (MAS) Total Current Liabilities : $1,641 Mil (As of Mar. 2024)


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What is Masco Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Masco's total current liabilities for the quarter that ended in Mar. 2024 was $1,641


Masco Total Current Liabilities Historical Data

The historical data trend for Masco's Total Current Liabilities 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 Total Current Liabilities Chart

Masco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,548.00 1,934.00 1,939.00 1,889.00 1,695.00

Masco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,018.00 1,749.00 1,662.00 1,695.00 1,641.00

Masco Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Masco's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1692+3
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1,695

Masco's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1589+52
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1,641

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


Masco Total Current Liabilities Related Terms

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Masco (MAS) Business Description

Industry
Traded in Other Exchanges
Address
17450 College Parkway, Livonia, MI, USA, 48152
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

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