Masco Corporation (MAS)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | -279,000 | -88,000 | -26,000 | -75,000 | -126,000 | -56,000 | -192,000 | -379,000 | -480,000 | -617,000 | -742,000 | -371,000 | -179,000 | -126,000 | -154,000 | -17,000 | 195,000 | 141,000 | -136,000 | -348,000 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 14.32 | 19.77 | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,945,000K ÷ $-279,000K
= —
The debt-to-equity ratio of Masco Corporation provides insight into the company's capital structure and financial leverage. A higher ratio indicates that the company is financing its operations more through debt than equity, which can increase financial risk but also potentially lead to higher returns.
From the provided data, it can be observed that the debt-to-equity ratio fluctuated over the period mentioned:
- As of September 30, 2020, the ratio was relatively high at 19.77, indicating that Masco had a significant amount of debt relative to equity at that point in time.
- By December 31, 2020, the ratio decreased to 14.32, indicating a reduction in the proportion of debt used to finance the company's operations.
- Subsequently, from March 31, 2021, no specific data points are available for analysis, suggesting that the ratio could not be calculated or was not provided.
- As of the latest available data, the ratio remains "not available," indicating that the debt-to-equity ratio could not be calculated for the periods ending December 31, 2021, through December 31, 2024.
The fluctuations in the debt-to-equity ratio of Masco Corporation suggest changes in the company's capital structure and financing decisions over time, impacting its financial risk and potential return on equity. Further analysis alongside other financial metrics and qualitative factors would be necessary to gain a comprehensive understanding of Masco's financial health and performance.
Peer comparison
Dec 31, 2024