Masco Corporation (MAS)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,945,000 | 2,945,000 | 2,945,000 | 2,945,000 | 2,945,000 | 2,946,000 | 2,946,000 | 2,946,000 | 2,946,000 | 2,946,000 | 2,946,000 | 2,946,000 | 2,949,000 | 2,950,000 | 2,950,000 | 2,955,000 | 2,792,000 | 2,787,000 | 2,372,000 | 2,771,000 |
| Total assets | US$ in thousands | 5,016,000 | 5,296,000 | 5,365,000 | 5,336,000 | 5,363,000 | 5,371,000 | 5,308,000 | 5,430,000 | 5,187,000 | 5,417,000 | 5,467,000 | 5,568,000 | 5,575,000 | 5,595,000 | 5,423,000 | 5,574,000 | 5,777,000 | 5,575,000 | 5,302,000 | 4,840,000 |
| Debt-to-assets ratio | 0.59 | 0.56 | 0.55 | 0.55 | 0.55 | 0.55 | 0.56 | 0.54 | 0.57 | 0.54 | 0.54 | 0.53 | 0.53 | 0.53 | 0.54 | 0.53 | 0.48 | 0.50 | 0.45 | 0.57 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,945,000K ÷ $5,016,000K
= 0.59
The debt-to-assets ratio of Masco Corporation has shown fluctuations over the past few years, ranging from 0.45 to 0.59. This ratio measures the proportion of the company's assets that are financed by debt.
In the recent period, the ratio increased to 0.59 as of December 31, 2024, indicating that a larger portion of Masco Corporation's assets are funded by debt. This increase may suggest that the company has taken on more debt relative to its total assets, which could potentially increase financial risk.
Overall, the trend of the debt-to-assets ratio for Masco Corporation suggests a varying degree of reliance on debt for asset financing, impacting the company's leverage and financial stability. It would be important for stakeholders to monitor this ratio alongside other financial metrics to assess the company's financial health and risk exposure.
Peer comparison
Dec 31, 2024