International Flavors & Fragrances (International Flavors & Fragrances) Debt-to-EBITDA : -1.17 (As of Dec. 2023)

View and export this data going back to 1964. Start your Free Trial

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

Debt-to-EBITDA measures a company's ability to pay off its debt.

International Flavors & Fragrances's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $970 Mil. International Flavors & Fragrances's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,828 Mil. International Flavors & Fragrances's annualized EBITDA for the quarter that ended in Dec. 2023 was $-9,244 Mil. International Flavors & Fragrances's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.17.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

IFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -106.62 Med: 2.11 Max: 6.77
Current: -10.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of International Flavors & Fragrances was 6.77. The lowest was -106.62. And the median was 2.11.

IFF's Debt-to-EBITDA is ranked worse than
100% of 1222 companies
in the Chemicals industry
Industry Median: 2.225 vs IFF: -10.84

International Flavors & Fragrances Debt-to-EBITDA Historical Data

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

* Premium members only.

International Flavors & Fragrances Debt-to-EBITDA Chart

International Flavors & Fragrances Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

4.34

5.26

6.77

-106.62

-10.84

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
Debt-to-EBITDA	Get a 7-Day Free Trial															7.70	7.45	6.26	5.99	-1.17

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

For the Specialty Chemicals subindustry, International Flavors & Fragrances's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution in the Chemicals Industry

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

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

International Flavors & Fragrances Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(970	+	9828)	/	-996
	=	-10.84

International Flavors & Fragrances's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(970	+	9828)	/	-9244
	=	-1.17

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

International Flavors & Fragrances (NYSE:IFF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

International Flavors & Fragrances Debt-to-EBITDA Related Terms

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

International Flavors & Fragrances (International Flavors & Fragrances) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (NYSE:IFF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

IFF:Germany IFF:Germany I1FF34:Brazil 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. The firm also sells pharmaceutical ingredients such as excipients and time-release polymers.

Executives

Yuvraj Arora	officer: President, Nourish	INTERNATIONAL FLOWERS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Fauchon De Villeplee Christophe	officer: President, Scent	INTERNATIONAL FLAVORS & FRANGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Kevin O'byrne	director	INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Dawn C Willoughby	director	1221 BROADWAY, OAKLAND CA 94612
Gaoxiang Hu	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Mark J Costa	director	200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Ralf Finzel	officer: EVP, Global Operations Officer	INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Beril Yildiz	officer: CAO, SVP & Controller	ONE NEW YORK PLAZA, NEW YORK NY 10004
Deborah Borg	officer: EVP, Chief HR and D&I Officer	BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Francisco Fortanet	officer: SVP, Operations	521 WEST 57TH STREET, NEW YORK NY 10019
Frank Clyburn	officer: Chief Executive Officer	2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Barry A. Bruno	director	500 CHARLES EWING BLVD, EWING NJ 08628
Glenn R Richter	officer: CFO	3333 BEVERLY ROAD, B6 277A, HOFFMAN ESTATES IL 60179
Kathryn Jean Boor	director	3736 S. MAIN STREET, MARION NY 14505
Edward D Breen	director	C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019