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