Manhattan Associates Inc (MANH)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $299,126K
= 0.00

The debt-to-equity ratio for Manhattan Associates Inc has consistently been 0.00 for the periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this time frame and has relied solely on equity financing. A debt-to-equity ratio of 0.00 typically suggests a lower financial risk as there is no debt involved in the company's capital structure. It also implies that shareholders have a higher stake in the company compared to creditors. However, it is important to note that a zero debt-to-equity ratio may not always be ideal as some level of debt can be beneficial for a company's growth and financial flexibility. In the case of Manhattan Associates Inc, further analysis of the company's overall financial health and performance metrics would be necessary to fully evaluate its financial position.