International Flavors & Fragrances Inc (IFF)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 28,667,000 | 29,928,000 | 29,543,000 | 30,642,000 | 30,978,000 | 33,395,000 | 34,459,000 | 35,470,000 | 35,390,000 | 34,537,000 | 39,304,000 | 39,747,000 | 39,678,000 | 40,252,000 | 40,864,000 | 40,817,000 | 13,555,700 | 13,085,400 | 12,989,100 | 12,689,100 |
| 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 |
| Financial leverage ratio | 1.00 | 2.03 | 2.07 | 2.14 | 2.12 | 1.96 | 1.95 | 1.99 | 2.00 | 2.04 | 1.94 | 1.90 | 1.88 | 1.88 | 1.88 | 1.89 | 2.14 | 2.15 | 2.17 | 2.17 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $28,667,000K ÷ $28,667,000K
= 1.00
The financial leverage ratio of International Flavors & Fragrances Inc has shown some fluctuations over the reporting periods. The ratio started at 2.17 in March 31, 2020, and gradually decreased to 1.88 by December 31, 2021. Subsequently, there was a slight increase up to 2.04 by September 30, 2022, before decreasing again to 1.95 by June 30, 2023. The ratio then increased to 2.14 by March 31, 2024, before declining to 1.00 by December 31, 2024.
The financial leverage ratio measures the extent to which a company relies on debt financing as opposed to equity. A high ratio indicates higher financial risk due to increased debt levels, while a low ratio suggests a more conservative capital structure with lower reliance on debt. In the case of International Flavors & Fragrances Inc, the fluctuations in the financial leverage ratio indicate changes in the company's debt levels relative to its equity over the reporting periods. It is important for stakeholders to monitor these changes to assess the company's overall financial stability and risk exposure.
Peer comparison
Dec 31, 2024