Manhattan Associates Inc (MANH)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 299,126 | 277,951 | 240,629 | 239,607 | 278,278 | 210,105 | 170,550 | 181,072 | 226,800 | 198,134 | 208,735 | 217,136 | 250,644 | 238,627 | 212,450 | 204,660 | 218,897 | 187,977 | 152,778 | 125,869 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $299,126K)
= 0.00
The debt-to-capital ratio for Manhattan Associates Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations or growth during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded rather than debt-funded. This may imply a lower financial risk for the company as it does not have significant debt obligations to repay. However, it is essential to consider the reasons behind this consistently low ratio, whether it is a strategic decision or due to specific circumstances that may impact the overall financial health and growth prospects of Manhattan Associates Inc.
Peer comparison
Dec 31, 2024