International Flavors & Fragrances Balance Sheet Health
Financial Health criteria checks 4/6
International Flavors & Fragrances has a total shareholder equity of $14.8B and total debt of $9.1B, which brings its debt-to-equity ratio to 61.4%. Its total assets and total liabilities are $29.9B and $15.1B respectively. International Flavors & Fragrances's EBIT is $817.0M making its interest coverage ratio 2.6. It has cash and short-term investments of $567.0M.
Key information
61.4%
Debt to equity ratio
US$9.10b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$567.00m |
| Equity | US$14.81b |
| Total liabilities | US$15.12b |
| Total assets | US$29.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: I1FF34's short term assets ($8.4B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: I1FF34's short term assets ($8.4B) do not cover its long term liabilities ($11.9B).
Debt to Equity History and Analysis
Debt Level: I1FF34's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: I1FF34's debt to equity ratio has reduced from 71.1% to 61.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable I1FF34 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: I1FF34 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.5% per year.