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.
Peer comparison
Dec 31, 2024