Manhattan Associates Inc (MANH)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 299,126 | 278,278 | 226,800 | 250,644 | 218,897 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $299,126K)
= 0.00
Based on the provided data, Manhattan Associates Inc has consistently maintained a debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is predominantly funded by equity rather than debt, which can be perceived positively as it signifies lower financial risk and a strong financial position. It implies that Manhattan Associates Inc has not taken on any significant debt obligations that could potentially strain its financial health. Investors and stakeholders may view this stability in the debt-to-capital ratio as a sign of financial prudence and sound management decision-making regarding leverage.
Peer comparison
Dec 31, 2024