International Flavors & Fragrances Inc (IFF)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $13,876,000K
= 0.00
The debt-to-equity ratio for International Flavors & Fragrances Inc has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt financing to fund its operations and growth during this period. A debt-to-equity ratio of 0.00 usually implies that the company's capital structure is primarily equity-based, which may suggest a lower financial risk and a higher level of financial stability. However, while a low debt-to-equity ratio is generally considered favorable, it is important to also assess other financial metrics and factors to gain a more comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024