International Flavors & Fragrances (BSP:I1CE34) Interest Expense : R$-1,895 Mil (TTM As of Dec. 2023)

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What is International Flavors & Fragrances Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Flavors & Fragrances's interest expense for the three months ended in Dec. 2023 was R$ -211 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-1,895 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. International Flavors & Fragrances's Operating Income for the three months ended in Dec. 2023 was R$ 451 Mil. International Flavors & Fragrances's Interest Expense for the three months ended in Dec. 2023 was R$ -211 Mil. International Flavors & Fragrances's Interest Coverage for the quarter that ended in Dec. 2023 was 2.14. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

International Flavors & Fragrances Interest Expense Historical Data

The historical data trend for International Flavors & Fragrances's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Flavors & Fragrances Interest Expense Chart

International Flavors & Fragrances Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-566.42

-679.10

-1,634.27

-1,762.45

-1,861.92

International Flavors & Fragrances Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-545.52	-578.16	-563.03	-543.26	-210.69

International Flavors & Fragrances Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-1,895 Mil.

International Flavors & Fragrances (BSP:I1CE34) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

International Flavors & Fragrances's Interest Expense for the three months ended in Dec. 2023 was R$-211 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$451 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was R$48,155 Mil.

International Flavors & Fragrances's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	450.782	/	-210.691
	=	2.14

The higher the ratio, the stronger the company's financial strength is.

International Flavors & Fragrances (BSP:I1CE34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (BSP:I1CE34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IFF:USA IFF:Germany I1FF34:Brazil IFF:Austria IFF:Argentina

Address

521 West 57th Street, New York, NY, USA, 10019-2960

Website

https://www.iff.com

International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

International Flavors & Fragrances (BSP:I1CE34) Headlines

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