Mastercard (Mastercard) Debt-to-Equity

: 2.26 (As of Dec. 2023)

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Mastercard's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,337 Mil. Mastercard's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14,344 Mil. Mastercard's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,929 Mil. Mastercard's debt to equity for the quarter that ended in Dec. 2023 was 2.26.

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 Mastercard's Debt-to-Equity or its related term are showing as below:

MA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 1.31 Max: 2.26
Current: 2.26

During the past 13 years, the highest Debt-to-Equity Ratio of Mastercard was 2.26. The lowest was 0.22. And the median was 1.31.

MA's Debt-to-Equity is ranked worse than
66.51% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs MA: 2.26

Mastercard Debt-to-Equity Historical Data

The historical data trend for Mastercard'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.

Mastercard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.45

1.98

1.90

2.23

2.26

Mastercard 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																2.23	2.92	2.84	2.47	2.26

Competitive Comparison

For the Credit Services subindustry, Mastercard'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.

Mastercard Debt-to-Equity Distribution

For the Credit Services industry and Financial Services sector, Mastercard's Debt-to-Equity distribution charts can be found below:

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

Mastercard Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mastercard'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
	=	(1337	+	14344)	/	6929
	=	2.26

Mastercard'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
	=	(1337	+	14344)	/	6929
	=	2.26

Mastercard (NYSE:MA) 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.

Mastercard Debt-to-Equity Related Terms

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

Mastercard (Mastercard) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mastercard Inc (NYSE:MA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MA:Peru MA:Mexico 1MA:Italy M4Id:UK 0R2Z:UK M4I0:Germany M4I:Germany M4I:Germany M4I:Germany M4I:Germany MA:Canada MSCD34:Brazil MAST:Austria

Address

2000 Purchase Street, Purchase, NY, USA, 10577

Website

https://www.mastercard.com

Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Executives

Ajay Bhalla	officer: President Cyber & Intelligence	2000 PURCHASE STREET, PURCHASE NY 10577
Craig Vosburg	officer: President, North America	2000 PURCHASE STREET, PURCHASE NY 10577
Edward Grunde Mclaughlin	officer: President, Operations & Tech	2000 PURCHASE STREET, PURCHASE NY 10577
Foundation Mastercard	10 percent owner	250 YONGE STREET, SUITE 2400, TORONTO A6 M5B 2L7
Richard K Davis	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
J. Mehra Sachin	officer: Chief Financial Officer	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hai Ling	officer: Co-President, Intl Markets	2000 PURCHASE STREET, PURCHASE NY 10577
Timothy H Murphy	officer: General Counsel	2000 PURCHASE STREET, PURCHASE NY 10577
Raj Seshadri	officer: President, Data & Services	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Raghuvir Malhotra	officer: Co-President, Intl Markets	2000 PURCHASE STREET, PURCHASE NY 10577
Michael Miebach	officer: Chief Product Officer	2000 PURCHASE STREET, PURCHASE NY 10577
Linda Pistecchia Kirkpatrick	officer: President, North America	2000 PURCHASE STREET, PURCHASE NY 10577
Harit Talwar	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Sandra A Arkell	officer: Controller	3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Candido Bracher	director	2000 PURCHASE STREET, PURCHASE NY 10577