Manhattan Associates Inc (MANH)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.53 | 2.42 | 2.51 | 2.15 | 2.13 |
Manhattan Associates Inc has consistently maintained a strong solvency position, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which stood at 0.00 across the years 2020 to 2024. These ratios suggest that the company has very little debt in relation to its assets, capital structure, and equity, highlighting a conservative financial approach.
Additionally, the financial leverage ratio, which measures the extent of a company's financial leverage, increased slightly from 2.13 in 2020 to 2.53 in 2024. Despite this increase, the ratio remains at a moderate level, indicating that Manhattan Associates Inc relies to a reasonable extent on debt financing. Overall, the company's solvency ratios reflect a prudent management of its financial liabilities and a stable financial position over the years.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | — | — | — | — | — |
Manhattan Associates Inc's interest coverage ratio for the years December 31, 2020 to December 31, 2024 is not provided (indicated as "—"). The interest coverage ratio is a key financial metric used to assess a company's ability to pay interest expenses on its outstanding debt obligations.
An interest coverage ratio of "—", as shown in the data, indicates that there is not enough information available to calculate this ratio for Manhattan Associates Inc during the specified years. This lack of data on interest coverage makes it challenging to evaluate the company's ability to cover its interest expenses with its operating income.
It is important for stakeholders, including investors and creditors, to monitor a company's interest coverage ratio as it provides insights into the company's financial health and its ability to meet its debt obligations. Without this information, a comprehensive analysis of Manhattan Associates Inc's ability to manage its debt and interest payments cannot be performed based solely on the given data.