Gartner (LTS:0ITV) Interest Expense : $-125 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Gartner Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gartner's interest expense for the three months ended in Mar. 2024 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-125 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Gartner's Operating Income for the three months ended in Mar. 2024 was $ 274 Mil. Gartner's Interest Expense for the three months ended in Mar. 2024 was $ -19 Mil. Gartner's Interest Coverage for the quarter that ended in Mar. 2024 was 14.27. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gartner Interest Expense Historical Data

The historical data trend for Gartner's Interest Expense 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.

* Premium members only.

Gartner Interest Expense Chart

Gartner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-102.83

-115.64

-118.51

-126.20

-132.77

Gartner Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-27.39	-24.56	-21.82	-59.00	-19.22

Gartner Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-125 Mil.

Gartner (LTS:0ITV) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Gartner's Interest Expense for the three months ended in Mar. 2024 was $-19 Mil. Its Operating Income for the three months ended in Mar. 2024 was $274 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,948 Mil.

Gartner's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	274.345	/	-19.219
	=	14.27

The higher the ratio, the stronger the company's financial strength is.

Gartner (LTS:0ITV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gartner Inc (LTS:0ITV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

IT:USA GGRA:Germany

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.

Gartner (LTS:0ITV) Headlines

No Headlines