Gartner Inc (IT)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 4,196,530 3,427,890 2,786,110 2,620,080 2,323,060
Total current liabilities US$ in thousands 3,969,020 3,777,720 3,597,600 3,378,780 2,947,490
Current ratio 1.06 0.91 0.77 0.78 0.79

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,196,530K ÷ $3,969,020K
= 1.06

The current ratio of Gartner Inc has shown a declining trend over the past few years. As of December 31, 2020, the current ratio was 0.79, which decreased slightly to 0.78 by December 31, 2021, and further decreased to 0.77 by December 31, 2022. However, there was a notable improvement in the current ratio by December 31, 2023, where it increased to 0.91, indicating a better ability to cover its short-term liabilities with its current assets. By December 31, 2024, the current ratio improved even further to 1.06, demonstrating a strong liquidity position with current assets exceeding current liabilities by a significant margin. Overall, the recent increase in the current ratio suggests an improved short-term financial stability for Gartner Inc.


Peer comparison

Dec 31, 2024

Company name
Symbol
Current ratio
Gartner Inc
IT
1.06
Premier Inc
PINC
1.00