Manhattan Associates Inc (MANH)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 757,551 | 698,140 | 665,312 | 674,762 | 673,353 | 572,995 | 526,994 | 530,843 | 570,178 | 514,719 | 514,289 | 511,754 | 539,708 | 514,283 | 474,997 | 458,528 | 465,412 | 416,981 | 380,389 | 348,044 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
As per the provided data, Manhattan Associates Inc has consistently maintained a debt-to-assets ratio of 0.00 throughout the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing in relation to its total assets during this timeframe. A debt-to-assets ratio of 0.00 signifies that the company's total debt levels are negligible or non-existent in comparison to its total assets.
A debt-to-assets ratio of 0.00 can be seen as a positive indicator for Manhattan Associates Inc as it suggests that the company has not relied on debt to fund its operations or growth. Having a low or zero debt-to-assets ratio can indicate financial stability, lower financial risk, and potentially greater flexibility in managing its operations without being burdened by significant debt obligations.
However, while a debt-to-assets ratio of 0.00 may reflect a conservative financial approach, it is important to consider the context and overall financial strategy of the company. Companies may choose to maintain low debt levels for various reasons, such as strong cash flows, ample reserves, or a focus on equity financing.
In conclusion, the consistent 0.00 debt-to-assets ratio of Manhattan Associates Inc suggests that the company has managed its capital structure prudently by not heavily relying on debt to support its asset base, which could be perceived positively by investors and stakeholders.
Peer comparison
Dec 31, 2024