Mass scaling is widely used in finite element models of structural dynamics for increasing the critical time step of explicit time integration methods. While the field has been flourishing over the years, it still lacks a strong theoretical basis and mostly relies on numerical experiments as the only means of assessment. This contribution thoroughly reviews existing methods and connects them to established linear algebra results to derive rigorous eigenvalue bounds and condition number estimates. Our results cover some of the most successful mass scaling techniques, unraveling for the first time well-known numerical observations.