International Flavors & Fragrances Balance Sheet Health
Financial Health criteria checks 1/6
International Flavors & Fragrances has a total shareholder equity of $14.3B and total debt of $10.3B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are $30.6B and $16.3B respectively. International Flavors & Fragrances's EBIT is $631.0M making its interest coverage ratio 1.8. It has cash and short-term investments of $732.0M.
Key information
71.9%
Debt to equity ratio
US$10.30b
Debt
Interest coverage ratio | 1.8x |
Cash | US$732.00m |
Equity | US$14.33b |
Total liabilities | US$16.32b |
Total assets | US$30.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IFF's short term assets ($6.4B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: IFF's short term assets ($6.4B) do not cover its long term liabilities ($12.5B).
Debt to Equity History and Analysis
Debt Level: IFF's net debt to equity ratio (66.8%) is considered high.
Reducing Debt: IFF's debt to equity ratio has increased from 71.9% to 71.9% over the past 5 years.
Debt Coverage: IFF's debt is not well covered by operating cash flow (13.7%).
Interest Coverage: IFF's interest payments on its debt are not well covered by EBIT (1.8x coverage).