Gartner Inc (IT)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 4,196,530 | 3,551,530 | 3,326,270 | 3,427,890 | 2,837,560 | 2,899,180 | 2,903,320 | 2,786,110 | 1,980,260 | 1,981,280 | 2,273,930 | 2,620,080 | 2,108,850 | 2,257,170 | 1,997,860 | 2,323,060 | 1,865,400 | 1,767,180 | 1,772,620 | 2,018,740 |
| 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 |
| Current ratio | 1.06 | 1.02 | 0.91 | 0.91 | 0.86 | 0.87 | 0.84 | 0.77 | 0.64 | 0.62 | 0.70 | 0.78 | 0.73 | 0.78 | 0.71 | 0.79 | 0.74 | 0.70 | 0.70 | 0.71 |
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 fluctuated over the past few years, starting at 0.71 as of December 31, 2019, and reaching 1.06 by December 31, 2024. A current ratio below 1 typically indicates that the company may have difficulty meeting its short-term obligations with its current assets. Gartner's current ratio improved steadily from 2019 to 2024, implying better liquidity and ability to cover short-term liabilities. The ratio surpassed 1, indicating strong short-term financial health as of December 31, 2024, with current assets exceeding current liabilities. This positive trend reflects improved efficiency in managing working capital and the ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024