Manhattan Associates Inc (MANH)

Debt-to-equity ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 278,278 210,105 170,550 181,072 226,800 198,134 208,735 217,136 250,644 238,627 212,450 204,660 218,897 187,977 152,778 125,869 142,278 151,650 154,687 145,400
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, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $278,278K
= 0.00

Based on the data provided for Manhattan Associates, Inc., the debt-to-equity ratio has consistently been reported as 0.00 across all quarters in the years 2022 and 2023. A debt-to-equity ratio of 0.00 indicates that the company has no debt on its balance sheet relative to its equity. This suggests that Manhattan Associates has been primarily relying on equity financing to fund its operations and growth rather than taking on debt. While a low or zero debt-to-equity ratio can be seen as a positive indicator of financial stability and lower financial risk, it is important to consider the overall capital structure of the company and its financing strategy in order to assess its financial health and sustainability.


Peer comparison

Dec 31, 2023