Gartner Inc (IT)

Quick ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash US$ in thousands 1,933,150 1,319,000 697,999 756,493 712,583
Short-term investments US$ in thousands 5,962 6,346
Receivables US$ in thousands 1,696,220 1,601,230 1,556,790 1,365,180 1,241,510
Total current liabilities US$ in thousands 3,969,020 3,777,720 3,597,600 3,378,780 2,947,490
Quick ratio 0.91 0.77 0.63 0.63 0.66

December 31, 2024 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,933,150K + $—K + $1,696,220K) ÷ $3,969,020K
= 0.91

The quick ratio of Gartner Inc has shown a fluctuating trend over the past five years. Starting at 0.66 in December 2020, it dipped slightly to 0.63 in both December 2021 and December 2022. However, there was a notable improvement in liquidity by the end of December 2023, with the quick ratio increasing to 0.77. By December 2024, the quick ratio further improved to 0.91, indicating a more favorable position in terms of the company's ability to meet its short-term obligations with its most liquid assets. Overall, the increasing trend in the quick ratio from 2020 to 2024 suggests a strengthening liquidity position for Gartner Inc.


Peer comparison

Dec 31, 2024

Company name
Symbol
Quick ratio
Gartner Inc
IT
0.91
Premier Inc
PINC
0.34