Gartner Inc (IT)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 8,534,670 | 7,835,920 | 7,299,740 | 7,416,320 | 7,315,970 |
Total stockholders’ equity | US$ in thousands | 1,359,170 | 680,634 | 227,798 | 371,058 | 1,090,430 |
Financial leverage ratio | 6.28 | 11.51 | 32.04 | 19.99 | 6.71 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,534,670K ÷ $1,359,170K
= 6.28
The financial leverage ratio of Gartner Inc has shown significant fluctuations over the past five years. As of December 31, 2020, the ratio was 6.71, indicating moderate leverage. However, by December 31, 2022, the ratio had increased substantially to 32.04, reflecting a high level of financial leverage.
In the following years, there was a notable decrease in the financial leverage ratio, with it dropping to 11.51 by the end of December 31, 2023, and further declining to 6.28 by the end of December 31, 2024. These reductions suggest a decreasing reliance on debt financing compared to equity, potentially indicating a more conservative financial approach.
Overall, the fluctuations in Gartner Inc's financial leverage ratio over the period demonstrate varying levels of debt utilization and financial risk, highlighting the importance of closely monitoring and managing leverage to maintain a balanced capital structure.
Peer comparison
Dec 31, 2024