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.