International Flavors & Fragrances Balance Sheet Health
Financial Health criteria checks 2/6
International Flavors & Fragrances has a total shareholder equity of $14.6B and total debt of $10.1B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are $31.0B and $16.3B respectively. International Flavors & Fragrances's EBIT is $612.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $703.0M.
Key information
68.8%
Debt to equity ratio
US$10.07b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$703.00m |
| Equity | US$14.64b |
| Total liabilities | US$16.34b |
| Total assets | US$30.98b |
Recent financial health updates
We Think International Flavors & Fragrances (NYSE:IFF) Is Taking Some Risk With Its Debt
Apr 08
International Flavors & Fragrances (NYSE:IFF) Takes On Some Risk With Its Use Of Debt
Dec 26We Think International Flavors & Fragrances (NYSE:IFF) Is Taking Some Risk With Its Debt
Aug 18These 4 Measures Indicate That International Flavors & Fragrances (NYSE:IFF) Is Using Debt Extensively
May 14Does International Flavors & Fragrances (NYSE:IFF) Have A Healthy Balance Sheet?
Jan 29Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For International Flavors & Fragrances Inc. (NYSE:IFF)
Apr 29We Think International Flavors & Fragrances (NYSE:IFF) Is Taking Some Risk With Its Debt
Apr 08International Flavors & Fragrances: Turning The Ship
Mar 20At US$81.60, Is International Flavors & Fragrances Inc. (NYSE:IFF) Worth Looking At Closely?
Mar 15International Flavors & Fragrances Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Feb 23There's Reason For Concern Over International Flavors & Fragrances Inc.'s (NYSE:IFF) Price
Jan 17International Flavors & Fragrances: A Conflicted Outlook?
Jan 16International Flavors & Fragrances (NYSE:IFF) Takes On Some Risk With Its Use Of Debt
Dec 26Is International Flavors & Fragrances Inc. (NYSE:IFF) Trading At A 22% Discount?
Dec 05International Flavors & Fragrances: A Small Recovery Driven By A Nice Divestment
Nov 06International Flavors & Fragrances (NYSE:IFF) Has Affirmed Its Dividend Of $0.81
Nov 06International Flavors & Fragrances: Calling All Contrarians
Oct 23International Flavors & Fragrances: A Wide-Moat Stock At A Huge Discount
Oct 05Is There Now An Opportunity In International Flavors & Fragrances Inc. (NYSE:IFF)?
Oct 03International Flavors & Fragrances (NYSE:IFF) Is Paying Out A Dividend Of $0.81
Sep 05International Flavors & Fragrances: A Bad Smell
Aug 26International Flavors & Fragrances (NYSE:IFF) Has Affirmed Its Dividend Of $0.81
Aug 22We Think International Flavors & Fragrances (NYSE:IFF) Is Taking Some Risk With Its Debt
Aug 18International Flavors & Fragrances: Protein Problems
Aug 09International Flavors & Fragrances: Only Attractive At First Glance
Jul 18Should You Think About Buying International Flavors & Fragrances Inc. (NYSE:IFF) Now?
Jun 29Calculating The Fair Value Of International Flavors & Fragrances Inc. (NYSE:IFF)
Jun 08These 4 Measures Indicate That International Flavors & Fragrances (NYSE:IFF) Is Using Debt Extensively
May 14Is There Now An Opportunity In International Flavors & Fragrances Inc. (NYSE:IFF)?
Mar 24Estimating The Fair Value Of International Flavors & Fragrances Inc. (NYSE:IFF)
Feb 25IFF to sell Flavor Specialty Ingredients business for $220M
Feb 16International Flavors & Fragrances Q4 results mixed, FY 2023 sales guidance misses
Feb 08International Flavors & Fragrances: More Asset Sales May Be Inevitable
Jan 30Does International Flavors & Fragrances (NYSE:IFF) Have A Healthy Balance Sheet?
Jan 29International Flavors & Fragrances declares $0.81 dividend
Dec 14Is It Too Late To Consider Buying International Flavors & Fragrances Inc. (NYSE:IFF)?
Dec 05Financial Position Analysis
Short Term Liabilities: IFF's short term assets ($6.3B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: IFF's short term assets ($6.3B) do not cover its long term liabilities ($12.6B).
Debt to Equity History and Analysis
Debt Level: IFF's net debt to equity ratio (64%) is considered high.
Reducing Debt: IFF's debt to equity ratio has reduced from 74.3% to 68.8% over the past 5 years.
Debt Coverage: IFF's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: IFF's interest payments on its debt are not well covered by EBIT (1.6x coverage).