International Flavors & Fragrances Inc (IFF)
Debt-to-assets 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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 28,667,000 | 29,928,000 | 29,543,000 | 30,642,000 | 30,978,000 | 33,395,000 | 34,459,000 | 35,470,000 | 35,390,000 | 34,537,000 | 39,304,000 | 39,747,000 | 39,678,000 | 40,252,000 | 40,864,000 | 40,817,000 | 13,555,700 | 13,085,400 | 12,989,100 | 12,689,100 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 remained at 0.00 across all reported quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to acquire assets during the analyzed period. A debt-to-assets ratio of 0.00 implies that the company's assets are primarily financed by equity rather than debt. This low ratio suggests that the firm has a strong financial position with a lower risk of default, as it is not highly leveraged. However, it is also important to consider other financial metrics and factors to gain a comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024