Manhattan Associates Inc (MANH)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $299,126K
= 0.00
The debt-to-equity ratio of Manhattan Associates Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations and growth primarily through equity rather than debt. A debt-to-equity ratio of 0.00 suggests that the company has no debt in relation to its equity, signifying a strong financial position and lower financial risk. This stable and low debt-to-equity ratio reflects a conservative financial strategy and indicates that Manhattan Associates Inc may have less financial leverage compared to companies with higher debt levels.
Peer comparison
Dec 31, 2024