Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 23.13% is 27% below its 5-year average of 31.59%, near the low end of its 5-year range (23.13%–36.03%).
As of the fiscal period ended Tuesday, March 31, 2026. 16.51% below its 12-month average of 27.71%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
23.13%
DEBT TO ASSETS RATIO AVG TTM
27.71%
DEBT TO ASSETS RATIO AVG 3Y
31.51%
DEBT TO ASSETS RATIO AVG 5Y
32.66%
DEBT TO ASSETS RATIO AVG 10Y
34.00%
DEBT TO ASSETS RATIO AVG 15Y
32.14%
DEBT TO ASSETS RATIO AVG 20Y
32.94%
CURRENT VS TTM AVG
-16.51%
CURRENT VS 3Y AVG
-26.57%
CURRENT VS 5Y AVG
-29.17%
CURRENT VS 10Y AVG
-31.95%
CURRENT VS 15Y AVG
-28.01%
CURRENT VS 20Y AVG
-29.77%
SECTOR MEDIAN · BASIC MATERIALS
0.24%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+9539.48%
vs the sector median at left
International Flavors & Fragrances Inc.
Market Cap
$19.39B
Debt to Assets Ratio
23.13%
TTM Avg
27.71%
3Y Avg
31.51%
5Y Avg
32.66%
Market Cap
$19.47B
Debt to Assets Ratio
0.47%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$19.21B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$18.59B
Debt to Assets Ratio
0.15%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$20.82B
Debt to Assets Ratio
0.19%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$22.32B
Debt to Assets Ratio
0.28%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Flavors & Fragrances Inc. (IFF) | $19.39B | 23.13% | 27.71% | 31.51% | 32.66% |
| LyondellBasell Industries N.V. (LYB)vs › | $19.47B | 0.47% | N/A | N/A | N/A |
| CF Industries Holdings, Inc. (CF)vs › | $19.21B | 0.28% | N/A | N/A | N/A |
| DuPont de Nemours, Inc. (DD)vs › | $18.59B | 0.15% | N/A | N/A | N/A |
| Reliance Steel & Aluminum Co. (RS)vs › | $20.82B | 0.19% | N/A | N/A | N/A |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.50B | 0.26% | N/A | N/A | N/A |
| Dow Inc. (DOW)vs › | $21.55B | 0.33% | N/A | N/A | N/A |
| Royal Gold, Inc. (RGLD)vs › | $17.05B | 0.10% | N/A | N/A | N/A |
| International Paper Company (IP)vs › | $22.32B | 0.28% | N/A | N/A | N/A |
| RPM International Inc. (RPM)vs › | $13.67B | 0.09% | N/A | N/A | N/A |
Debt/Assets
23.1%
Debt/Equity
0.47
Current Ratio
1.42
Interest Coverage
3.7x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 23.13% |
| 2025-12-31 | 26.04% |
| 2025-09-30 | 28.09% |
| 2025-06-30 | 26.22% |
| 2025-03-31 | 35.06% |
| 2024-12-31 | 33.56% |
| 2024-09-30 | 32.72% |
| 2024-06-30 | 34.14% |
| 2024-03-31 | 36.03% |
| 2023-12-31 | 34.94% |
| 2023-09-30 | 33.05% |
| 2023-06-30 | 32.91% |
| 2023-03-31 | 33.67% |
| 2022-12-31 | 33.06% |
| 2022-09-30 | 33.07% |
| 2022-06-30 | 32.72% |
| 2022-03-31 | 31.30% |
| 2021-12-31 | 30.76% |
| 2021-09-30 | 30.58% |
| 2021-06-30 | 31.25% |
| 2021-03-31 | 31.00% |
| 2020-12-31 | 34.86% |
| 2020-09-30 | 33.10% |
| 2020-06-30 | 33.62% |
| 2020-03-31 | 34.14% |
| 2019-12-31 | 35.21% |
| 2019-09-30 | 36.18% |
| 2019-06-30 | 36.16% |
| 2019-03-31 | 36.40% |
| 2018-12-31 | 35.32% |
| 2018-09-30 | 45.52% |
| 2018-06-30 | 36.88% |
| 2018-03-31 | 36.59% |
| 2017-12-31 | 35.64% |
| 2017-09-30 | 37.02% |
| 2017-06-30 | 41.01% |
| 2017-03-31 | 36.50% |
| 2016-12-31 | 32.99% |
| 2016-09-30 | 33.39% |
| 2016-06-30 | 35.89% |
| 2016-03-31 | 36.12% |
| 2015-12-31 | 28.84% |
| 2015-09-30 | 30.45% |
| 2015-06-30 | 27.32% |
| 2015-03-31 | 26.90% |
| 2014-12-31 | 26.96% |
| 2014-09-30 | 27.13% |
| 2014-06-30 | 27.52% |
| 2014-03-31 | 28.12% |
| 2013-12-31 | 28.00% |
| 2013-09-30 | 28.08% |
| 2013-06-30 | 31.22% |
| 2013-03-31 | 31.74% |
| 2012-12-31 | 31.73% |
| 2012-09-30 | 29.53% |
| 2012-06-30 | 28.59% |
| 2012-03-31 | 28.89% |
| 2011-12-31 | 30.18% |
| 2011-09-30 | 30.87% |
| 2011-06-30 | 32.70% |
| 2011-03-31 | 32.99% |
| 2010-12-31 | 32.08% |
| 2010-09-30 | 33.12% |
| 2010-06-30 | 36.06% |
| 2010-03-31 | 37.89% |
| 2009-12-31 | 38.25% |
| 2009-09-30 | 41.48% |
| 2009-06-30 | 43.75% |
| 2009-03-31 | 46.39% |
| 2008-12-31 | 45.66% |
| 2008-09-30 | 42.87% |
| 2008-06-30 | 43.16% |
| 2008-03-31 | 44.67% |
| 2007-12-31 | 44.47% |
| 2007-09-30 | 46.85% |
| 2007-06-30 | 31.60% |
| 2007-03-31 | 32.53% |
| 2006-12-31 | 32.57% |
| 2006-09-30 | 31.30% |
| 2006-06-30 | 29.55% |
| 2006-03-31 | 36.18% |
| 2005-12-31 | 36.03% |
| 2005-09-30 | 28.53% |
| 2005-06-30 | 31.87% |
| 2005-03-31 | 30.74% |
| 2004-12-31 | 28.98% |
| 2004-09-30 | 31.59% |
| 2004-06-30 | 35.74% |
| 2004-03-31 | 37.41% |
| 2003-12-31 | 38.34% |
| 2003-09-30 | 41.87% |
| 2003-06-30 | 33.62% |
| 2003-03-31 | 48.34% |
| 2002-12-31 | 47.33% |
| 2002-09-30 | 48.37% |
| 2002-06-30 | 49.95% |