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Gartner Interest Expense

: $-126 Mil (TTM As of Jun. 2022)
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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 Jun. 2022 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-126 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 Jun. 2022 was $ 299 Mil. Gartner's Interest Expense for the three months ended in Jun. 2022 was $ -30 Mil. Gartner's Interest Coverage for the quarter that ended in Jun. 2022 was 10.07. 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 Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -127.95 -126.77 -102.83 -115.64 -118.51

Gartner Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.39 -31.60 -33.38 -31.39 -29.72

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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-126 Mil.

* 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.


Gartner  (NYSE:IT) Interest Expense Explanation

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. The higher, the better.

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 Jun. 2022 was $-30 Mil. Its Operating Income for the three months ended in Jun. 2022 was $299 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $3,102 Mil.

Gartner's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*299.411/-29.719
=10.07

* 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.

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


Gartner Business Description

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Address
56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
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
Sribar Valentin officer: SVP, Research & Advisory 56 TOP GALLANT ROAD STAMFORD CT 06902
Ferguson Diana Sue director C/O SARA LEE CORP 70 W MADISO ST CHICAGO IL 60602
Herkes Claire officer: EVP, Conferences 56 TOP GALLANT ROAD STAMFORD CT 06902
Jain Akhil officer: SVP, Consulting 56 TOP GALLANT ROAD STAMFORD CT 06902
Genovese Yvonne officer: EVP, Global Product Management 56 TOP GALLANT ROAD STAMFORD CT 06902
Allard Kenneth officer: SVP, New Market Programs 56 TOP GALLANT STAMFORD CT 06902
Kaufman Jules officer: EVP, GC 56 TOP GALLANT ROAD STAMFORD CT 06904
Safian Craig officer: EVP & CFO 56 TOP GALLANT ROAD STAMFORD CT 06904
Dawkins Alwyn officer: EVP, Conferences 56 TOP GALLANT ROAD STAMFORD CT 06902
Harris Michael P officer: EVP, Research & Advisory 56 TOP GALLANT ROAD STAMFORD CT 06896
Beck Joseph P. officer: EVP, Global Technology Sales 56 TOP GALLANT RD. STAMFORD CT 06902
Hensel Scott officer: EVP Consulting C/O GARTNER, INC. 56 TOP GALLANT RD. STAMFORD CT 06902
Serra Eileen director 56 TOP GALLANT RD. STAMFORD CT 06902
Bisson Peter director ONE ADP BOULEVARD ROSELAND NJ 07068
Diliberto Michael Fox officer: SVP, Chief Information Officer 56 TOP GALLANT RD STAMFORD CT 06904

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