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.