Manhattan Associates Inc (MANH)

Interest coverage

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Earnings before interest and tax (EBIT)	US$ in thousands	209,881	152,700	134,333	114,061	115,924
Interest expense	US$ in thousands	—	596	506	682	841
Interest coverage		—	256.21	265.48	167.24	137.84

December 31, 2023 calculation

Interest coverage = EBIT ÷ Interest expense
= $209,881K ÷ $—K
= —

Unfortunately, without the specific values for interest expense and earnings before interest and taxes (EBIT), it is not possible to calculate the interest coverage ratio for Manhattan Associates, Inc. for the years 2019 to 2023. The interest coverage ratio is a key indicator of a company's ability to meet its interest obligations using its operating income. A higher ratio indicates a stronger ability to cover interest expenses from operating earnings. Further data is required to assess the firm's financial health and solvency in relation to its interest obligations.