International Flavors & Fragrances (BSP:I1FF34) Cash-to-Debt : 0.06 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is International Flavors & Fragrances Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. International Flavors & Fragrances's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, International Flavors & Fragrances couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for International Flavors & Fragrances's Cash-to-Debt or its related term are showing as below:

BSP:I1FF34' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.11 Max: 1.21
Current: 0.06

During the past 13 years, International Flavors & Fragrances's highest Cash to Debt Ratio was 1.21. The lowest was 0.04. And the median was 0.11.

BSP:I1FF34's Cash-to-Debt is ranked worse than
91.41% of 1548 companies
in the Chemicals industry
Industry Median: 0.69 vs BSP:I1FF34: 0.06

International Flavors & Fragrances Cash-to-Debt Historical Data

The historical data trend for International Flavors & Fragrances's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

International Flavors & Fragrances Cash-to-Debt Chart

International Flavors & Fragrances Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.06

0.04

0.07

International Flavors & Fragrances Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.07	0.07	0.07	0.06

Competitive Comparison of International Flavors & Fragrances's Cash-to-Debt

For the Specialty Chemicals subindustry, International Flavors & Fragrances's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

International Flavors & Fragrances's Cash-to-Debt Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cash-to-Debt falls into.

International Flavors & Fragrances Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

International Flavors & Fragrances's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3444.559	/	(4752.806	+	48155.234)
	=	0.07

International Flavors & Fragrances's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	3139.933	/	(3079.017	+	51147.121)
	=	0.06

International Flavors & Fragrances (BSP:I1FF34) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

International Flavors & Fragrances Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of International Flavors & Fragrances's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

International Flavors & Fragrances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (BSP:I1FF34) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

IFF:USA IFF:Germany IFF:Germany I1CE34: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.

International Flavors & Fragrances Headlines

No Headlines