International Flavors & Fragrances Inc (IFF)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 28,667,000 | 30,978,000 | 35,390,000 | 39,678,000 | 13,555,700 |
| Total stockholders’ equity | US$ in thousands | 13,876,000 | 14,611,000 | 17,734,000 | 21,118,000 | 6,323,040 |
| Financial leverage ratio | 2.07 | 2.12 | 2.00 | 1.88 | 2.14 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $28,667,000K ÷ $13,876,000K
= 2.07
The financial leverage ratio of International Flavors & Fragrances Inc has shown some variation over the past five years. Starting at 2.14 in December 31, 2020, the ratio decreased to 1.88 in December 31, 2021, indicating a reduction in the company's reliance on debt to finance its operations. However, by December 31, 2022, the financial leverage ratio increased slightly to 2.00, suggesting a potential uptick in leveraging activities. Subsequently, the ratio climbed to 2.12 in December 31, 2023, before slightly dropping to 2.07 by December 31, 2024. Overall, the trend indicates that the company has maintained a moderate level of financial leverage, with fluctuations reflecting changes in the company's capital structure and debt management strategies over the years.
Peer comparison
Dec 31, 2024