Masco Corporation (MAS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,945,000 | 2,945,000 | 2,946,000 | 2,949,000 | 2,792,000 |
| Total assets | US$ in thousands | 5,016,000 | 5,363,000 | 5,187,000 | 5,575,000 | 5,777,000 |
| Debt-to-assets ratio | 0.59 | 0.55 | 0.57 | 0.53 | 0.48 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,945,000K ÷ $5,016,000K
= 0.59
Masco Corporation's debt-to-assets ratio has shown a gradual increase over the past five years, rising from 0.48 as of December 31, 2020, to 0.59 as of December 31, 2024. This indicates that the company's level of debt in relation to its total assets has been increasing over the period, suggesting a higher reliance on debt financing to support its operations and investments. While a higher debt-to-assets ratio can sometimes signal financial risk, it may also indicate strategic use of debt to leverage growth opportunities. Masco Corporation may need to closely monitor and manage its debt levels to ensure financial stability and sustainable growth in the long term.
Peer comparison
Dec 31, 2024