Gartner Accounts Payable vs Long Term Investments Analysis

IT Stock  USD 517.93  1.30  0.25%   
Gartner financial indicator trend analysis is much more than just examining Gartner latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gartner is a good investment. Please check the relationship between Gartner Accounts Payable and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gartner. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gartner Stock please use our How to Invest in Gartner guide.

Accounts Payable vs Long Term Investments

Accounts Payable vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gartner Accounts Payable account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Gartner's Accounts Payable and Long Term Investments is -0.36. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Gartner, assuming nothing else is changed. The correlation between historical values of Gartner's Accounts Payable and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Gartner are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Accounts Payable i.e., Gartner's Accounts Payable and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Gartner obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Gartner are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Long Term Investments

Long Term Investments is an item on the asset side of Gartner balance sheet that represents investments Gartner intends to hold for over a year. Gartner long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from Gartner's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gartner current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gartner. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Gartner Stock please use our How to Invest in Gartner guide.At this time, Gartner's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 277.9 M in 2024, whereas Enterprise Value Multiple is likely to drop 16.65 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense116.6M121.3M132.8M139.4M
Depreciation And Amortization287.5M262.0M191.1M200.7M

Gartner fundamental ratios Correlations

0.990.80.980.760.830.930.810.780.690.990.680.690.98-0.080.990.86-0.641.00.940.620.790.990.860.130.13
0.990.820.950.730.820.970.760.770.630.990.650.630.95-0.131.00.89-0.60.990.910.670.840.990.840.160.16
0.80.820.790.450.710.80.60.670.480.80.380.480.760.010.830.71-0.530.820.720.430.690.80.770.050.05
0.980.950.790.640.80.860.910.850.790.930.770.791.0-0.10.960.81-0.780.990.980.510.670.950.880.10.1
0.760.730.450.640.620.740.370.30.340.80.320.340.660.220.720.67-0.080.690.610.750.810.780.510.080.08
0.830.820.710.80.620.780.660.560.530.850.50.530.8-0.070.840.52-0.510.830.720.320.580.820.960.120.12
0.930.970.80.860.740.780.590.680.410.970.490.410.87-0.050.960.87-0.410.930.780.740.930.960.760.120.12
0.810.760.60.910.370.660.590.840.930.710.890.930.9-0.280.770.6-0.960.840.940.190.310.750.810.190.19
0.780.770.670.850.30.560.680.840.690.710.770.690.84-0.120.770.73-0.820.810.840.370.470.740.680.00.01
0.690.630.480.790.340.530.410.930.690.560.811.00.75-0.280.640.53-0.880.710.880.140.170.60.690.20.21
0.990.990.80.930.80.850.970.710.710.560.590.560.94-0.040.990.84-0.520.970.870.660.861.00.840.120.12
0.680.650.380.770.320.50.490.890.770.810.590.810.77-0.280.650.53-0.850.710.810.210.230.630.660.290.3
0.690.630.480.790.340.530.410.930.691.00.560.810.75-0.280.640.53-0.880.710.880.140.170.60.690.20.21
0.980.950.761.00.660.80.870.90.840.750.940.770.75-0.090.960.8-0.760.980.970.510.680.960.860.10.1
-0.08-0.130.01-0.10.22-0.07-0.05-0.28-0.12-0.28-0.04-0.28-0.28-0.09-0.120.020.35-0.12-0.150.240.1-0.06-0.21-0.81-0.81
0.991.00.830.960.720.840.960.770.770.640.990.650.640.96-0.120.87-0.610.990.910.630.820.990.860.150.15
0.860.890.710.810.670.520.870.60.730.530.840.530.530.80.020.87-0.450.850.820.850.830.850.550.00.0
-0.64-0.6-0.53-0.78-0.08-0.51-0.41-0.96-0.82-0.88-0.52-0.85-0.88-0.760.35-0.61-0.45-0.69-0.820.01-0.1-0.57-0.71-0.18-0.18
1.00.990.820.990.690.830.930.840.810.710.970.710.710.98-0.120.990.85-0.690.950.580.760.980.870.130.13
0.940.910.720.980.610.720.780.940.840.880.870.810.880.97-0.150.910.82-0.820.950.490.580.90.820.130.13
0.620.670.430.510.750.320.740.190.370.140.660.210.140.510.240.630.850.010.580.490.850.660.25-0.06-0.06
0.790.840.690.670.810.580.930.310.470.170.860.230.170.680.10.820.83-0.10.760.580.850.850.50.080.08
0.990.990.80.950.780.820.960.750.740.61.00.630.60.96-0.060.990.85-0.570.980.90.660.850.830.140.14
0.860.840.770.880.510.960.760.810.680.690.840.660.690.86-0.210.860.55-0.710.870.820.250.50.830.210.21
0.130.160.050.10.080.120.120.190.00.20.120.290.20.1-0.810.150.0-0.180.130.13-0.060.080.140.211.0
0.130.160.050.10.080.120.120.190.010.210.120.30.210.1-0.810.150.0-0.180.130.13-0.060.080.140.211.0
Click cells to compare fundamentals

Gartner Account Relationship Matchups

Gartner fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.2B7.3B7.4B7.3B7.8B8.2B
Short Long Term Debt Total3.1B2.8B3.3B3.2B3.1B3.2B
Other Current Liab679.3M741.8M1.4B843.5M893.8M455.4M
Total Current Liabilities2.9B2.9B3.4B3.6B3.8B4.0B
Total Stockholder Equity938.6M1.1B371.1M227.8M680.6M714.7M
Property Plant And Equipment Net1.0B984.0M821.8M701.2M629.5M661.0M
Net Debt2.8B2.1B2.5B2.5B1.8B1.8B
Retained Earnings2.0B2.3B3.0B3.9B4.7B5.0B
Accounts Payable33.0M38.6M49.3M83.2M63.1M53.9M
Cash280.8M712.6M756.5M698.0M1.3B1.4B
Non Current Assets Total5.1B5.0B4.8B4.5B4.4B4.6B
Non Currrent Assets Other58.0M54.2M55.1M155.3M194.6M204.3M
Cash And Short Term Investments280.8M712.6M756.5M698.0M1.3B1.4B
Net Receivables1.3B1.2B1.4B1.6B1.6B1.7B
Common Stock Shares Outstanding91.0M90.0M86.2M81.1M79.7M76.6M
Liabilities And Stockholders Equity7.2B7.3B7.4B7.3B7.8B8.2B
Non Current Liabilities Total3.4B3.3B3.7B3.5B3.4B3.5B
Other Current Assets411.9M369.0M498.4M531.3M472.9M496.6M
Other Stockholder Equity(972.3M)(1.1B)(2.6B)(3.5B)(4.0B)(3.8B)
Total Liab6.2B6.2B7.0B7.1B7.2B7.5B
Total Current Assets2.0B2.3B2.6B2.8B3.4B3.6B
Short Term Debt216.2M104.5M95.7M107.5M108.1M113.9M
Intangible Assets925.1M807.0M714.4M584.7M502.0M303.6M
Good Will2.9B2.9B3.0B2.9B2.9B3.1B
Property Plant And Equipment Gross1.0B984.0M1.2B1.0B983.7M1.0B
Accumulated Other Comprehensive Income(77.9M)(99.2M)(81.4M)(101.6M)(76.3M)(72.5M)
Other Liab414.9M465.3M479.9M423.5M487.0M511.3M
Other Assets222.2M903.6M10.5B297.5M339.3M636.2M
Long Term Debt2.0B2.0B2.5B2.5B2.4B2.6B
Treasury Stock(2.7B)(2.9B)(3.0B)(4.7B)(4.2B)(4.0B)
Property Plant Equipment344.6M336.8M273.6M264.6M304.3M319.5M
Current Deferred Revenue1.9B2.0B2.2B2.4B2.6B2.8B
Net Tangible Assets(2.9B)(2.7B)(3.3B)(3.3B)(3.0B)(2.8B)
Retained Earnings Total Equity2.0B2.3B3.0B3.9B4.4B4.7B
Long Term Debt Total2.0B2.0B2.5B2.5B2.8B3.0B
Capital Surpluse1.9B2.0B2.1B2.2B2.5B1.4B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Gartner Stock Analysis

When running Gartner's price analysis, check to measure Gartner's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gartner is operating at the current time. Most of Gartner's value examination focuses on studying past and present price action to predict the probability of Gartner's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gartner's price. Additionally, you may evaluate how the addition of Gartner to your portfolios can decrease your overall portfolio volatility.