Gartner Inc (IT)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,459,920 | 2,448,700 | 2,453,610 | 2,456,830 | 1,958,290 |
| Total assets | US$ in thousands | 8,534,670 | 7,835,920 | 7,299,740 | 7,416,320 | 7,315,970 |
| Debt-to-assets ratio | 0.29 | 0.31 | 0.34 | 0.33 | 0.27 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,459,920K ÷ $8,534,670K
= 0.29
The debt-to-assets ratio of Gartner Inc has shown a modest increase over the past five years, moving from 0.27 on December 31, 2020, to 0.29 on December 31, 2024. This indicates that the company's level of debt in relation to its total assets has been relatively stable, with a slight uptrend observed in recent years. A ratio below 1 suggests that Gartner Inc relies more on equity financing rather than debt to fund its operations and investments. Overall, the company appears to have a conservative debt management strategy, maintaining a reasonable balance between debt and assets.
Peer comparison
Dec 31, 2024