Manhattan Associates Inc (MANH)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 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 | 372,279 | 380,297 | 372,183 | 359,511 |
| 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, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $673,353K
= 0.00
The debt-to-assets ratio for Manhattan Associates, Inc. has consistently been reported as 0.00 across all four quarters in 2023 as well as in the previous four quarters of 2022. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets, suggesting a strong financial position with no reliance on borrowed funds to finance its operations or investments. This could signify a low financial risk, as the company is not burdened by debt obligations that could potentially impact its profitability or solvency. Investors and stakeholders may view this as a positive indicator of Manhattan Associates, Inc.'s financial stability and ability to manage its capital structure effectively.
Peer comparison
Dec 31, 2023