Gartner (Gartner) Interest Expense : $-133 Mil (TTM As of Dec. 2023)

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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 Dec. 2023 was $ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-133 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 Dec. 2023 was $ 303 Mil. Gartner's Interest Expense for the three months ended in Dec. 2023 was $ -59 Mil. Gartner's Interest Coverage for the quarter that ended in Dec. 2023 was 5.14. 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.

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Gartner Interest Expense Chart

Gartner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-102.83

-115.64

-118.51

-126.20

-132.77

Gartner Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-34.80	-27.39	-24.56	-21.82	-59.00

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-133 Mil.

Gartner (NYSE:IT) 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 Dec. 2023 was $-59 Mil. Its Operating Income for the three months ended in Dec. 2023 was $303 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,962 Mil.

Gartner's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	303.196	/	-59.003
	=	5.14

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

Gartner (Gartner) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gartner Inc (NYSE:IT) » Definitions » Interest Expense

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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