To the full analysis
International Flavors & Fragrances stock: balance sheet and debt
IFFInternational Flavors & Fragrances has a debt to equity ratio of 0.47.
Daily figure as of 13 Nov 2026
Debt / Equity
0.47
Interest coverage
−0.8x
Current ratio
1.42
Cash & equivalents
$590M
Total assets
$25.54B
Equity ratio
55.5%
Goodwill
$8.27B
Plus intangible assets of $6.04B
Net debt
$6.06B
Total assets and equity ratio
How large the balance sheet of International Flavors & Fragrances Inc. is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2006 | $2.48B | $745.72M | $665.58M | 36.5% | $692.23M |
| 2007 | $2.73B | $732.84M | $665.58M | 22.6% | $1.06B |
| 2008 | $2.75B | $726.68M | $665.58M | 20.8% | $1.08B |
| 2009 | $2.64B | $720.53M | $665.58M | 29.2% | $931.39M |
| 2010 | $2.87B | $714.42M | $665.58M | 34.9% | $790.24M |
| 2011 | $2.97B | $708.35M | $665.58M | 37.3% | $795.69M |
| 2012 | $3.25B | $702.27M | $665.58M | 38.5% | $697.73M |
| 2013 | $3.33B | $696.2M | $665.58M | 44.0% | $520.22M |
| 2014 | $3.49B | $752.04M | $675.48M | 43.6% | $463.75M |
| 2015 | $3.7B | $1.25B | $941.39M | 43.1% | $885.73M |
| 2016 | $4.02B | $1.37B | $1B | 40.6% | $1B |
| 2017 | $4.6B | $1.57B | $1.16B | 36.7% | $1.27B |
| 2018 | $12.89B | $8.42B | $5.38B | 47.5% | $3.92B |
| 2019 | $13.29B | $8.35B | $5.5B | 47.6% | $4.07B |
| 2020 | $13.56B | $8.32B | $5.59B | 47.4% | $4.08B |
| 2021 | $39.66B | $26.92B | $16.41B | 53.5% | $11.49B |
| 2022 | $35.52B | $22.46B | $13.37B | 50.0% | $11.26B |
| 2023 | $30.98B | $18.99B | $10.64B | 47.3% | $10.12B |
| 2024 | $28.67B | $15.53B | $9.08B | 48.5% | $9.15B |
| 2025 | $25.54B | $14.31B | $8.27B | 55.5% | $6.06B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2006 | $115.11M | $905.17M | $807.34M | 0.89 |
| 2007 | $152.08M | $617.2M | $1.21B | 1.96 |
| 2008 | $178.83M | $573.11M | $1.26B | 2.19 |
| 2009 | $80.14M | $769M | $1.01B | 1.31 |
| 2010 | $131.33M | $999.42M | $921.57M | 0.92 |
| 2011 | $88.28M | $1.1B | $883.97M | 0.8 |
| 2012 | $324.42M | $1.25B | $1.02B | 0.82 |
| 2013 | $405.51M | $1.46B | $925.72M | 0.63 |
| 2014 | $478.57M | $1.52B | $942.32M | 0.62 |
| 2015 | $181.99M | $1.59B | $1.07B | 0.67 |
| 2016 | $323.99M | $1.63B | $1.33B | 0.81 |
| 2017 | $368.05M | $1.68B | $1.64B | 0.97 |
| 2018 | $634.9M | $6.03B | $4.55B | 0.74 |
| 2019 | $606.82M | $6.22B | $4.68B | 0.74 |
| 2020 | $650M | $6.31B | $4.73B | 0.74 |
| 2021 | $711M | $21.08B | $12.2B | 0.57 |
| 2022 | $483M | $17.66B | $11.75B | 0.66 |
| 2023 | $703M | $14.61B | $10.82B | 0.74 |
| 2024 | $469M | $13.88B | $9.62B | 0.69 |
| 2025 | $590M | $14.15B | $6.65B | 0.47 |
Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 5 Nov 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.