Debt to Equity
since 2006
Calculation
Mastercard Inc., debt to equity, long-term trends, calculation
| Debt to equity | = | Long-term debt, including current portion1 | ÷ | Total Mastercard Incorporated stockholders’ equity1 | |
|---|---|---|---|---|---|
| Dec 31, 2020 | 1.98 | = | 12,672 | ÷ | 6,391 |
| Dec 31, 2019 | 1.45 | = | 8,527 | ÷ | 5,893 |
| Dec 31, 2018 | 1.17 | = | 6,334 | ÷ | 5,395 |
| Dec 31, 2017 | 0.99 | = | 5,424 | ÷ | 5,468 |
| Dec 31, 2016 | 0.92 | = | 5,180 | ÷ | 5,656 |
| Dec 31, 2015 | 0.55 | = | 3,287 | ÷ | 6,028 |
| Dec 31, 2014 | 0.22 | = | 1,494 | ÷ | 6,790 |
| Dec 31, 2013 | 0.00 | = | — | ÷ | 7,484 |
| Dec 31, 2012 | 0.00 | = | — | ÷ | 6,917 |
| Dec 31, 2011 | 0.00 | = | — | ÷ | 5,868 |
| Dec 31, 2010 | 0.00 | = | — | ÷ | 5,205 |
| Dec 31, 2009 | 0.01 | = | 22 | ÷ | 3,504 |
| Dec 31, 2008 | 0.09 | = | 169 | ÷ | 1,927 |
| Dec 31, 2007 | 0.08 | = | 230 | ÷ | 3,027 |
| Dec 31, 2006 | 0.10 | = | 230 | ÷ | 2,364 |
Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-14), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-18), 10-K (filing date: 2009-02-19), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-02-28).
1 US$ in millions
Comparison to Competitors
Mastercard Inc., debt to equity, long-term trends, comparison to competitors
| Mastercard Inc. | Accenture PLC | Adobe Inc. | Autodesk Inc. | Automatic Data Processing Inc. | Fidelity National Information Services Inc. | Fiserv Inc. | International Business Machines Corp. | Intuit Inc. | Microsoft Corp. | Oracle Corp. | PayPal Holdings Inc. | salesforce.com inc. | ServiceNow Inc. | Visa Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 1.98 | 0.00 | 0.31 | — | 0.35 | 0.41 | 0.64 | 2.99 | 0.66 | 0.62 | 5.93 | 0.45 | 0.09 | 0.58 | 0.66 |
| Dec 31, 2019 | 1.45 | 0.00 | 0.39 | — | 0.42 | 0.41 | 0.66 | 3.02 | 0.12 | 0.77 | 2.58 | 0.29 | 0.22 | 0.33 | 0.48 |
| Dec 31, 2018 | 1.17 | 0.00 | 0.44 | — | 0.58 | 0.88 | 2.60 | 2.73 | 0.19 | 0.97 | 1.33 | 0.13 | 0.21 | 0.60 | 0.49 |
| Dec 31, 2017 | 0.99 | 0.00 | 0.22 | 2.03 | 0.50 | 0.81 | 1.79 | 2.66 | 0.36 | 1.23 | 1.08 | 0.06 | 0.32 | 2.01 | 0.56 |
| Dec 31, 2016 | 0.92 | 0.00 | 0.26 | 0.92 | 0.45 | 1.08 | 1.80 | 2.31 | 0.86 | 0.76 | 0.93 | 0.00 | 0.36 | 1.31 | 0.48 |
| Dec 31, 2015 | 0.55 | 0.00 | 0.27 | 0.34 | 0.00 | 1.24 | 1.61 | 2.80 | 0.21 | 0.44 | 0.86 | 0.00 | 0.49 | 0.84 | 0.00 |
| Dec 31, 2014 | 0.22 | 0.00 | 0.22 | 0.33 | 0.33 | 0.77 | 1.15 | 3.44 | 0.16 | 0.25 | 0.52 | — | 0.79 | 1.04 | 0.00 |
| Dec 31, 2013 | 0.00 | 0.01 | 0.23 | 0.36 | 0.04 | 0.68 | 1.07 | 1.74 | 0.14 | 0.20 | 0.41 | — | 0.25 | 1.05 | 0.00 |
| Dec 31, 2012 | 0.00 | 0.00 | 0.23 | 0.00 | 0.00 | 0.66 | 0.95 | 1.76 | 0.18 | 0.18 | 0.38 | — | 0.35 | 0.00 | 0.00 |
| Dec 31, 2011 | 0.00 | 0.00 | 0.26 | 0.00 | 0.01 | 0.74 | 1.04 | 1.56 | 0.38 | 0.21 | 0.40 | — | 0.38 | — | 0.00 |
| Dec 31, 2010 | 0.00 | 0.00 | 0.29 | 0.00 | 0.01 | 0.81 | 1.04 | 1.24 | 0.35 | 0.13 | 0.48 | — | 0.45 | — | 0.00 |
| Dec 31, 2009 | 0.01 | 0.00 | 0.20 | 0.04 | 0.15 | 0.39 | 1.20 | 1.15 | 0.39 | 0.15 | 0.41 | — | 0.01 | — | 0.00 |
| Dec 31, 2008 | 0.09 | 0.00 | 0.08 | 0.00 | 0.01 | 0.71 | 1.58 | 2.52 | 0.48 | 0.00 | 0.49 | — | 0.00 | — | 0.01 |
| Dec 31, 2007 | 0.08 | 0.01 | 0.00 | 0.00 | 0.01 | 1.13 | 2.19 | 1.24 | 0.49 | 0.00 | 0.45 | — | 0.00 | — | — |
| Dec 31, 2006 | 0.10 | 0.03 | 0.00 | 0.00 | 0.01 | 0.96 | 0.31 | 0.80 | 0.00 | 0.00 | 0.39 | — | 0.00 | — | — |
Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-14), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-18), 10-K (filing date: 2009-02-19), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-02-28).
Comparison to Sector (Software & Services)
Mastercard Inc., debt to equity, long-term trends, comparison to sector (software & services)
| Mastercard Inc. | Software & Services | |
|---|---|---|
| Dec 31, 2020 | 1.98 | 0.83 |
| Dec 31, 2019 | 1.45 | 0.84 |
| Dec 31, 2018 | 1.17 | 0.96 |
| Dec 31, 2017 | 0.99 | 0.99 |
| Dec 31, 2016 | 0.92 | 0.80 |
| Dec 31, 2015 | 0.55 | 0.61 |
| Dec 31, 2014 | 0.22 | 0.48 |
| Dec 31, 2013 | 0.00 | 0.40 |
| Dec 31, 2012 | 0.00 | 0.37 |
| Dec 31, 2011 | 0.00 | 0.39 |
| Dec 31, 2010 | 0.00 | 0.38 |
| Dec 31, 2009 | 0.01 | 0.36 |
| Dec 31, 2008 | 0.09 | 0.45 |
| Dec 31, 2007 | 0.08 | 0.53 |
| Dec 31, 2006 | 0.10 | 0.30 |
Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-14), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-18), 10-K (filing date: 2009-02-19), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-02-28).
Comparison to Industry (Information Technology)
Mastercard Inc., debt to equity, long-term trends, comparison to industry (information technology)
| Mastercard Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2020 | 1.98 | 0.83 |
| Dec 31, 2019 | 1.45 | 0.81 |
| Dec 31, 2018 | 1.17 | 0.81 |
| Dec 31, 2017 | 0.99 | 0.79 |
| Dec 31, 2016 | 0.92 | 0.65 |
| Dec 31, 2015 | 0.55 | 0.53 |
| Dec 31, 2014 | 0.22 | 0.38 |
| Dec 31, 2013 | 0.00 | 0.28 |
| Dec 31, 2012 | 0.00 | 0.24 |
| Dec 31, 2011 | 0.00 | 0.26 |
| Dec 31, 2010 | 0.00 | 0.24 |
| Dec 31, 2009 | 0.01 | 0.24 |
| Dec 31, 2008 | 0.09 | 0.27 |
| Dec 31, 2007 | 0.08 | 0.30 |
| Dec 31, 2006 | 0.10 | 0.20 |
Based on: 10-K (filing date: 2021-02-12), 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-13), 10-K (filing date: 2018-02-14), 10-K (filing date: 2017-02-15), 10-K (filing date: 2016-02-12), 10-K (filing date: 2015-02-13), 10-K (filing date: 2014-02-14), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-18), 10-K (filing date: 2009-02-19), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-02-28).