International Flavors & Fragrances Inc (IFF)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 28,667,000 | 30,978,000 | 35,390,000 | 39,678,000 | 13,555,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $28,667,000K
= 0.00
The debt-to-assets ratio of International Flavors & Fragrances Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's total debt is effectively non-existent in relation to its total assets over the specified period. A debt-to-assets ratio of 0.00 signifies that the company is not relying on debt to finance its operations and is primarily funded by its equity and other sources. In this case, International Flavors & Fragrances Inc appears to have a strong financial position with minimal reliance on debt to support its asset base.
Peer comparison
Dec 31, 2024