Gartner Inc (IT)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,459,920 | 2,458,890 | 2,456,880 | 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 |
| Total assets | US$ in thousands | 8,534,670 | 7,845,450 | 7,709,810 | 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 |
| Debt-to-assets ratio | 0.29 | 0.31 | 0.32 | 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 |
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 some fluctuations over the analyzed period. The ratio stood at 0.29 as of December 31, 2019, indicating that 29% of the company's assets were financed by debt. It slightly increased to 0.30 by March 31, 2020, before decreasing to 0.27 by December 31, 2020.
From March 31, 2021, the ratio started to gradually increase, reaching 0.37 by June 30, 2022, which suggests an increase in the proportion of assets financed by debt. The ratio then decreased to 0.30 by December 31, 2024.
Overall, Gartner Inc's debt-to-assets ratio has ranged between 0.27 and 0.38 during the analyzed period, with fluctuations indicating changes in the company's debt and asset structure. A higher ratio implies a greater reliance on debt to finance assets, which can increase financial risk and leverage. Conversely, a lower ratio indicates a lower proportion of assets financed by debt, highlighting a more conservative financial position.
Peer comparison
Dec 31, 2024