Gartner Balance Sheet Health
Financial Health criteria checks 3/6
Gartner has a total shareholder equity of $680.6M and total debt of $2.5B, which brings its debt-to-equity ratio to 361.2%. Its total assets and total liabilities are $7.8B and $7.2B respectively. Gartner's EBIT is $1.1B making its interest coverage ratio 12.5. It has cash and short-term investments of $1.3B.
Key information
361.2%
Debt to equity ratio
US$2.46b
Debt
Interest coverage ratio | 12.5x |
Cash | US$1.32b |
Equity | US$680.63m |
Total liabilities | US$7.16b |
Total assets | US$7.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGRA's short term assets ($3.4B) do not cover its short term liabilities ($3.8B).
Long Term Liabilities: GGRA's short term assets ($3.4B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: GGRA's net debt to equity ratio (166.5%) is considered high.
Reducing Debt: GGRA's debt to equity ratio has increased from 269.5% to 361.2% over the past 5 years.
Debt Coverage: GGRA's debt is well covered by operating cash flow (47%).
Interest Coverage: GGRA's interest payments on its debt are well covered by EBIT (12.5x coverage).