Gartner Inc (IT)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,933,150 | 1,768,290 | 1,235,800 | 1,319,000 | 1,249,360 | 1,172,830 | 893,512 | 697,999 | 528,687 | 360,473 | 456,175 | 756,493 | 765,500 | 796,257 | 445,995 | 712,583 | 553,715 | 356,633 | 227,850 | 280,836 |
| Short-term investments | US$ in thousands | — | — | 7,060 | 5,962 | 8,117 | 7,848 | 5,909 | 6,346 | 4,351 | — | — | — | — | — | — | — | — | — | — | — |
| Total current liabilities | US$ in thousands | 3,969,020 | 3,471,960 | 3,640,290 | 3,777,720 | 3,312,710 | 3,337,250 | 3,454,260 | 3,597,600 | 3,085,890 | 3,178,380 | 3,260,420 | 3,378,780 | 2,904,540 | 2,909,610 | 2,812,420 | 2,947,490 | 2,521,560 | 2,539,320 | 2,530,340 | 2,856,530 |
| Cash ratio | 0.49 | 0.51 | 0.34 | 0.35 | 0.38 | 0.35 | 0.26 | 0.20 | 0.17 | 0.11 | 0.14 | 0.22 | 0.26 | 0.27 | 0.16 | 0.24 | 0.22 | 0.14 | 0.09 | 0.10 |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,933,150K
+ $—K)
÷ $3,969,020K
= 0.49
The cash ratio of Gartner Inc has shown varying trends over the years based on the data provided. The cash ratio reflects the company's ability to cover its short-term liabilities with cash and cash equivalents.
From December 31, 2019, to June 30, 2021, the cash ratio fluctuated between 0.10 and 0.27, indicating potential inconsistencies in Gartner's liquidity position during this period. However, from September 30, 2021, to March 31, 2024, the cash ratio remained relatively stable, ranging from 0.16 to 0.38, suggesting improved liquidity management.
Notably, as of December 31, 2024, the cash ratio significantly increased to 0.49, indicating a higher proportion of cash and cash equivalents relative to short-term liabilities. This could imply that Gartner Inc has strengthened its liquidity position and is better equipped to meet its short-term obligations.
Furthermore, the consistent increase in the cash ratio from March 31, 2023, to December 31, 2024, reaching its peak at 0.49, suggests that Gartner Inc may have taken proactive steps to enhance its cash reserves and manage its short-term liquidity effectively.
Overall, the cash ratio trend indicates that Gartner Inc has experienced fluctuations but has shown improvements in its liquidity position, ending with a strong cash ratio of 0.49 as of December 31, 2024.
Peer comparison
Dec 31, 2024