Masco''s Debt Overview
Over the past three months, shares of Masco (NYSE: MAS ) decreased by 9.48%. Before we understand the importance of debt, let us look at how much debt Masco has. Masco''s Debt Based on Masco''s balance sheet as of April 28, 2021, long-term debt is at $2.96 billion and current debt is at $6.00 million, amounting to $2.96 billion in total debt. Adjusted for $838.00 million in cash-equivalents, the company''s net debt is at $2.12 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the Full story available on Benzinga.com
Masco''s Debt Overview
Over the past three months, shares of Masco (NYSE: MAS ) decreased by 9.48%. Before we understand the importance of debt, let us look at how much debt Masco has. Masco''s Debt Based on Masco''s balance sheet as of April 28, 2021, long-term debt is at $2.96 billion and current debt is at $6.00 million, amounting to $2.96 billion in total debt. Adjusted for $838.00 million in cash-equivalents, the company''s net debt is at $2.12 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the Full story available on Benzinga.com