Gartner Inc (IT)

Debt-to-assets ratio

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	2,448,700	2,449,910	2,451,140	2,452,370	2,453,610	2,454,850	2,455,510	2,456,170	2,456,830	2,457,640	2,457,850	1,949,080	1,958,290	1,957,470	1,937,230	2,035,270	2,043,890	2,051,510	2,059,130	2,094,760
Total assets	US$ in thousands	7,835,920	7,244,400	7,355,930	7,378,930	7,299,740	6,525,950	6,590,590	6,985,450	7,416,320	6,994,640	7,188,340	6,937,860	7,315,970	6,840,600	6,810,290	6,800,350	7,151,290	6,737,340	6,729,640	6,714,680
Debt-to-assets ratio		0.31	0.34	0.33	0.33	0.34	0.38	0.37	0.35	0.33	0.35	0.34	0.28	0.27	0.29	0.28	0.30	0.29	0.30	0.31	0.31

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $2,448,700K ÷ $7,835,920K
= 0.31

The debt-to-assets ratio of Gartner, Inc. has shown a decreasing trend over the past four quarters, indicating improved financial health in terms of leverage. In Q4 2023, the ratio stood at 0.31, down from 0.34 in the prior quarter. This suggests that Gartner has been successful in reducing its debt relative to its total assets, which can enhance its solvency and financial stability. The company's ability to lower its debt burden may be a result of effective debt management strategies or improving profitability, which could boost investor confidence and support future growth prospects. Overall, the decreasing trend in the debt-to-assets ratio for Gartner, Inc. reflects a positive financial performance in terms of managing its debt obligations.

Peer comparison

Dec 31, 2023

Company name

Symbol

Debt-to-assets ratio

Gartner Inc

0.31