International Flavors & Fragrances Inc (IFF)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 13,876,000 | 14,611,000 | 17,734,000 | 21,118,000 | 6,323,040 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $13,876,000K)
= 0.00
The debt-to-capital ratio for International Flavors & Fragrances Inc has consistently been 0.00 over the past five years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing its operations relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-based, which may indicate a lower financial risk profile and potentially lower interest expenses. However, it is important to note that while a low debt-to-capital ratio can be seen as positive, it may also indicate limited financial leverage and potential constraints on growth opportunities that debt financing can provide. Overall, the consistent 0.00 debt-to-capital ratio for International Flavors & Fragrances Inc suggests a conservative approach to capital structure management.
Peer comparison
Dec 31, 2024