>
GURUFOCUS.COM > STOCK LIST > Basic Materials > Chemicals > International Flavors & Fragrances Inc (NYSE:IFF) > Definitions > Financial Strength
Switch to:

International Flavors & Fragrances Financial Strength

: 5 (As of Mar. 2022)
View and export this data going back to 1964. Start your Free Trial

International Flavors & Fragrances has the Financial Strength Rank of 5.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

International Flavors & Fragrances's Interest Coverage for the quarter that ended in Mar. 2022 was 4.76. International Flavors & Fragrances's debt to revenue ratio for the quarter that ended in Mar. 2022 was 0.96. As of today, International Flavors & Fragrances's Altman Z-Score is 1.61.


Competitive Comparison

For the Specialty Chemicals subindustry, International Flavors & Fragrances's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Financial Strength distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Financial Strength falls into.



International Flavors & Fragrances Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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 Interest Expense for the months ended in Mar. 2022 was $-72 Mil. Its Operating Income for the months ended in Mar. 2022 was $343 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $11,391 Mil.

International Flavors & Fragrances's Interest Coverage for the quarter that ended in Mar. 2022 is

Interest Coverage=-1*Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*343/-72
=4.76

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

2. Debt to revenue ratio. The lower, the better.

International Flavors & Fragrances's Debt to Revenue Ratio for the quarter that ended in Mar. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1051 + 11391) / 12904
=0.96

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

International Flavors & Fragrances has a Z-score of 1.61, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.61 is in distress zone. This implies bankrupcy possibility in the next two years.

* 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.


International Flavors & Fragrances  (NYSE:IFF) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

International Flavors & Fragrances has the Financial Strength Rank of 5.


International Flavors & Fragrances Financial Strength Related Terms

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


International Flavors & Fragrances Business Description

International Flavors & Fragrances logo
Industry
Basic Materials » Chemicals NAICS : 325199 SIC : 2869
Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances produces 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
Fibig Andreas director, officer: CEO INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Jilla Rustom officer: CFO C/O MSC INDUSTRIAL DIRECT CO.,INC. 75 MAXESS ROAD MELVILLE NY 11747
Anderson Robert G. officer: Controller 521 WEST 57TH STREET NEW YORK NY 10019
Fortmann Kathy Lynn officer: Divisional CEO, Taste INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 WEST 57TH STREET NEW YORK NY 10019
Gold Christina A director C/O ITT CORPORATION 1133 WESTCHESTER AVENUE WHITE PLAINS NY 10604
Tsai Li-huei director 521 WEST 57TH STREET NEW YORK NY 10019
Suarez Gonzalez Susana officer: EVP, Chief HR Officer 521 WEST 57TH STREET NEW YORK NY 10019
Yep Gregory L officer: EVP, Chief Scientific Officer 521 WEST 57TH STREET NEW YORK NY 10019
Williamson Stephen director 81 WYMAN STREET WALTHAM MA 02451
Haeni Matthias officer: Divisional CEO, Taste 521 WEST 57TH STREET NEW YORK NY 10019
Epstein David R director INTERNATIONAL FLAVORS & FRAGRANCES INC. 521 W. 57TH STREET NEW YORK NY 10019
Fortanet Francisco officer: EVP, Operations 521 WEST 57TH STREET NEW YORK NY 10019
Bottoli Marcello director 11200 EAST 45TH AVE. DENVER CO 80239
Mirzayantz Nicolas officer: Group President Fragrance INTERNATIONAL FLAVORS & FRAGRANCES INC 521 WEST 57TH ST NEW YORK NY 10019
Ducker Michael L director P O BOX 813 LIBERTY CORNER NJ 07938

International Flavors & Fragrances Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)