Gartner Balance Sheet Health
Financial Health criteria checks 2/6
Gartner has a total shareholder equity of $718.2M and total debt of $2.5B, which brings its debt-to-equity ratio to 342.1%. Its total assets and total liabilities are $7.7B and $7.0B respectively. Gartner's EBIT is $1.1B making its interest coverage ratio 14.8. It has cash and short-term investments of $1.2B.
Key information
342.1%
Debt to equity ratio
US$2.46b
Debt
Interest coverage ratio | 14.8x |
Cash | US$1.24b |
Equity | US$718.17m |
Total liabilities | US$6.99b |
Total assets | US$7.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: G1AR34's short term assets ($3.3B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: G1AR34's short term assets ($3.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: G1AR34's net debt to equity ratio (169%) is considered high.
Reducing Debt: G1AR34's debt to equity ratio has increased from 271.9% to 342.1% over the past 5 years.
Debt Coverage: G1AR34's debt is well covered by operating cash flow (48%).
Interest Coverage: G1AR34's interest payments on its debt are well covered by EBIT (14.8x coverage).