Manhattan Associates Inc (MANH)

Financial leverage ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Total assets US$ in thousands 839,388 757,551 673,353 570,178 539,708
Total stockholders’ equity US$ in thousands 314,765 299,126 278,278 226,800 250,644
Financial leverage ratio 2.67 2.53 2.42 2.51 2.15

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $839,388K ÷ $314,765K
= 2.67