Masco Corporation (MAS)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,945,000 | 2,946,000 | 2,949,000 | 2,792,000 | 2,771,000 |
| Total stockholders’ equity | US$ in thousands | -126,000 | -480,000 | -179,000 | 195,000 | -235,000 |
| Debt-to-equity ratio | — | — | — | 14.32 | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,945,000K ÷ $-126,000K
= —
The debt-to-equity ratio for Masco Corp. has not been disclosed for the years 2020, 2021, and 2022. However, for the year 2019, the ratio was reported as 14.33. This indicates that in 2019, the company had a higher proportion of debt relative to equity in its capital structure, suggesting a higher degree of financial leverage. Without data for the intervening years, it is challenging to track the trend in the company's leverage position. Additional information for the missing years would be necessary to provide a more thorough analysis of Masco Corp.'s debt-to-equity ratio over time.
Peer comparison
Dec 31, 2023