Gartner (Gartner) Cash-to-Debt

: 0.43 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Gartner's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.43.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Gartner couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Gartner's Cash-to-Debt or its related term are showing as below:

IT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.24 Max: 0.9
Current: 0.43

During the past 13 years, Gartner's highest Cash to Debt Ratio was 0.90. The lowest was 0.06. And the median was 0.24.

IT's Cash-to-Debt is ranked worse than
77.35% of 2790 companies
in the Software industry
Industry Median: 2.415 vs IT: 0.43

Gartner Cash-to-Debt Historical Data

The historical data trend for Gartner's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Gartner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.09

0.25

0.23

0.22

0.43

Gartner Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.22	0.29	0.39	0.42	0.43

Competitive Comparison

For the Information Technology Services subindustry, Gartner's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gartner Cash-to-Debt Distribution

For the Software industry and Technology sector, Gartner's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Gartner's Cash-to-Debt falls into.

Gartner Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Gartner's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1318.999	/	(108.093	+	2962.102)
	=	0.43

Gartner's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	1318.999	/	(108.093	+	2962.102)
	=	0.43

Gartner (NYSE:IT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Gartner Cash-to-Debt Related Terms

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Gartner (Gartner) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gartner Inc (NYSE:IT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700

Website

https://www.gartner.com

Based in Stamford, Conn., Gartner provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services and hosted nearly 80 IT conferences across the globe in 2007.

Executives

Claire Herkes	officer: EVP, Conferences	56 TOP GALLANT ROAD, STAMFORD CT 06902
Robin B Kranich	officer: SVP,Research Ops & Bus Dvlpmt	56 TOP GALLANT RD, STAMFORD CT 06902
Craig Safian	officer: EVP & CFO	56 TOP GALLANT ROAD, STAMFORD CT 06904
Valentin Sribar	officer: SVP, Research & Advisory	56 TOP GALLANT ROAD, STAMFORD CT 06902
Alwyn Dawkins	officer: EVP, Conferences	56 TOP GALLANT ROAD, STAMFORD CT 06902
Akhil Jain	officer: SVP, Consulting	56 TOP GALLANT ROAD, STAMFORD CT 06902
Richard J Bressler	director	1515 BROADWAY, NEW YORK NY 10036
James C Smith	director	C/O FIRST HEALTH GROUP CORP, 3200 HIGHLAND AVENUE, DOWNERS GROVE IL 60515
Wartinbee William James Iii	officer: SVP, Global Sales Strat & Ops	56 TOP GALLANT ROAD, STAMFORD CT 06902
Anne Sutherland Fuchs	director
Joseph P. Beck	officer: EVP, Global Technology Sales	56 TOP GALLANT RD., STAMFORD CT 06902
Eugene A Hall	director, officer: CEO	ONE ADP BLVD, ROSELAND NJ 07068
Altaf Rupani	officer: EVP, Chief Information Officer	56 TOP GALLANT RD, STAMFORD CT 06902
Michael Fox Diliberto	officer: SVP, Chief Information Officer	56 TOP GALLANT RD, STAMFORD CT 06904
Scott Hensel	officer: EVP Consulting	C/O GARTNER, INC., 56 TOP GALLANT RD., STAMFORD CT 06902