International Flavors & Fragrances Inc (IFF) — Working Capital to Net Assets Ratio
International Flavors & Fragrances Inc (IFF) has a Working Capital to Net Assets ratio of 33.4% as of June 2026. Working capital of $4.68 Billion (current assets of $9.09 Billion minus current liabilities of $4.41 Billion) is measured against net assets of $14.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IFF days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
International Flavors & Fragrances Inc Working Capital to Net Assets (1985–2025)
This chart shows how International Flavors & Fragrances Inc's Working Capital to Net Assets ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 33.4%, reflecting working capital of $4.68 Billion against net assets of $14.01 Billion USD. For the complete balance sheet picture, see total assets of International Flavors & Fragrances Inc.
Annual Working Capital to Net Assets for International Flavors & Fragrances Inc (1985–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for International Flavors & Fragrances Inc from 1985 to 2025, covering 41 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check International Flavors & Fragrances Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.7% | $1.66 Billion | $14.19 Billion | $5.59 Billion | $3.93 Billion | ▼ -14.6 pp |
| 2024 | 26.3% | $3.66 Billion | $13.91 Billion | $7.99 Billion | $4.33 Billion | ▲ +9.0 pp |
| 2023 | 17.3% | $2.54 Billion | $14.64 Billion | $6.29 Billion | $3.76 Billion | ▼ -3.4 pp |
| 2022 | 20.8% | $3.69 Billion | $17.79 Billion | $7.43 Billion | $3.74 Billion | ▲ +5.0 pp |
| 2021 | 15.8% | $3.35 Billion | $21.22 Billion | $6.99 Billion | $3.63 Billion | ▼ -2.2 pp |
| 2020 | 18.0% | $1.16 Billion | $6.42 Billion | $3.06 Billion | $1.90 Billion | ▼ -4.0 pp |
| 2019 | 22.0% | $1.39 Billion | $6.33 Billion | $2.94 Billion | $1.55 Billion | ▼ -7.6 pp |
| 2018 | 29.6% | $1.81 Billion | $6.13 Billion | $2.94 Billion | $1.13 Billion | ▼ -37.2 pp |
| 2017 | 66.8% | $1.13 Billion | $1.69 Billion | $1.90 Billion | $768.77 Million | ▲ +23.2 pp |
| 2016 | 43.6% | $710.72 Million | $1.63 Billion | $1.61 Billion | $898.30 Million | ▼ -1.1 pp |
| 2015 | 44.6% | $711.95 Million | $1.59 Billion | $1.44 Billion | $725.16 Million | ▼ -33.6 pp |
| 2014 | 78.2% | $1.19 Billion | $1.52 Billion | $1.71 Billion | $518.81 Million | ▲ +3.8 pp |
| 2013 | 74.5% | $1.09 Billion | $1.47 Billion | $1.65 Billion | $560.37 Million | ▼ -0.8 pp |
| 2012 | 75.3% | $942.68 Million | $1.25 Billion | $1.57 Billion | $629.88 Million | ▲ +7.3 pp |
| 2011 | 68.0% | $752.65 Million | $1.11 Billion | $1.32 Billion | $564.57 Million | ▲ +1.7 pp |
| 2010 | 66.2% | $664.24 Million | $1.00 Billion | $1.33 Billion | $660.95 Million | ▼ -17.2 pp |
| 2009 | 83.4% | $643.61 Million | $771.91 Million | $1.13 Billion | $484.45 Million | ▼ -40.5 pp |
| 2008 | 123.9% | $710.03 Million | $573.11 Million | $1.16 Billion | $451.04 Million | ▲ +19.1 pp |
| 2007 | 104.8% | $647.03 Million | $617.20 Million | $1.19 Billion | $543.44 Million | ▲ +34.9 pp |
| 2006 | 69.9% | $633.03 Million | $905.17 Million | $1.08 Billion | $446.77 Million | ▲ +71.2 pp |
| 2005 | -1.2% | $-11.42 Million | $915.35 Million | $1.19 Billion | $1.20 Billion | ▼ -63.0 pp |
| 2004 | 61.7% | $561.85 Million | $910.49 Million | $961.37 Million | $399.52 Million | ▲ +11.0 pp |
| 2003 | 50.7% | $376.63 Million | $742.63 Million | $902.67 Million | $526.04 Million | ▼ -37.6 pp |
| 2002 | 88.3% | $507.25 Million | $574.68 Million | $866.75 Million | $359.50 Million | ▲ +24.1 pp |
| 2001 | 64.1% | $336.15 Million | $524.17 Million | $896.36 Million | $560.21 Million | ▲ +89.5 pp |
| 2000 | -25.4% | $-160.08 Million | $631.26 Million | $1.02 Billion | $1.18 Billion | ▼ -79.6 pp |
| 1999 | 54.2% | $465.70 Million | $858.50 Million | $835.40 Million | $369.70 Million | ▼ -6.6 pp |
| 1998 | 60.9% | $575.10 Million | $945.10 Million | $848.00 Million | $272.90 Million | ▼ -6.2 pp |
| 1997 | 67.0% | $670.60 Million | $1.00 Billion | $935.50 Million | $264.90 Million | ▼ -0.4 pp |
| 1996 | 67.4% | $725.90 Million | $1.08 Billion | $1.01 Billion | $280.50 Million | ▼ -0.6 pp |
| 1995 | 68.0% | $759.60 Million | $1.12 Billion | $1.04 Billion | $276.40 Million | ▼ -1.9 pp |
| 1994 | 69.9% | $704.80 Million | $1.01 Billion | $964.50 Million | $259.70 Million | ▼ -3.2 pp |
| 1993 | 73.1% | $652.40 Million | $891.90 Million | $879.00 Million | $226.60 Million | ▼ -5.7 pp |
| 1992 | 78.8% | $770.40 Million | $977.10 Million | $965.10 Million | $194.70 Million | ▲ +2.1 pp |
| 1991 | 76.8% | $736.90 Million | $960.10 Million | $917.70 Million | $180.80 Million | ▼ -0.6 pp |
| 1990 | 77.4% | $695.00 Million | $898.20 Million | $852.90 Million | $157.90 Million | ▲ +1.1 pp |
| 1989 | 76.3% | $583.80 Million | $764.90 Million | $723.90 Million | $140.10 Million | ▲ +1.6 pp |
| 1988 | 74.7% | $519.70 Million | $695.40 Million | $646.10 Million | $126.40 Million | ▼ -0.2 pp |
| 1987 | 74.9% | $494.50 Million | $659.90 Million | $646.00 Million | $151.50 Million | ▲ +3.1 pp |
| 1986 | 71.9% | $374.70 Million | $521.50 Million | $476.80 Million | $102.10 Million | ▲ +2.6 pp |
| 1985 | 69.3% | $295.90 Million | $427.00 Million | $387.20 Million | $91.30 Million | — |