Manhattan Associates Inc (MANH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 757,551 | 673,353 | 570,178 | 539,708 | 465,412 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $757,551K
= 0.00
Manhattan Associates Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt on its balance sheet in relation to its total assets during the specified period. This suggests that Manhattan Associates Inc relies primarily on equity financing rather than debt financing to support its operations and investments. A low or zero debt-to-assets ratio can be seen as a positive indicator of financial stability and may reflect strong liquidity and solvency positions. It also signifies lower financial risk and potential flexibility in managing future financial obligations.
Peer comparison
Dec 31, 2024