International Flavors & Fragrances Inc (IFF)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 28,667,000 | 14,775,000 | 14,254,000 | 14,291,000 | 14,611,000 | 17,009,000 | 17,655,000 | 17,790,000 | 17,734,000 | 16,921,000 | 20,260,000 | 20,933,000 | 21,118,000 | 21,426,000 | 21,761,000 | 21,642,000 | 6,323,040 | 6,078,210 | 5,987,800 | 5,840,670 |
Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $28,667,000K
= 0.00
The debt-to-equity ratio for International Flavors & Fragrances Inc has consistently remained at 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not had any debt on its balance sheet during this period, or if it had debt, it has been effectively offset by the equity held by the company's shareholders. A debt-to-equity ratio of 0.00 signifies a strong financial position in terms of capital structure, as it suggests that the company is not relying on debt financing to operate or grow its business. This may imply lower financial risk, as the company is not burdened with interest payments and has a lower probability of facing financial distress due to high debt levels.
Peer comparison
Dec 31, 2024