Manhattan Associates Inc (MANH)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 503,264 | 479,190 | 415,375 | 408,419 | 334,041 |
| Total current liabilities | US$ in thousands | 400,304 | 365,915 | 315,595 | 249,042 | 196,986 |
| Current ratio | 1.26 | 1.31 | 1.32 | 1.64 | 1.70 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $503,264K ÷ $400,304K
= 1.26
The current ratio of Manhattan Associates Inc has shown a slight decline over the past few years, decreasing from 1.70 in December 2020 to 1.26 in December 2024. This indicates that the company may be facing some challenges in managing its short-term obligations with its current assets. While the current ratio of 1.26 is still above 1, which generally suggests that the company has sufficient current assets to cover its current liabilities, the downward trend should be monitored closely. It may be prudent for the company to assess its liquidity position and take measures to improve it to ensure continued financial health and stability.
Peer comparison
Dec 31, 2024