Manhattan Associates Inc (MANH)

Interest coverage

		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
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	209,881	195,721	179,043	165,813	152,700	135,138	140,776	142,880	134,333	135,387	127,955	115,290	114,061	110,933	110,954	111,844	115,924	125,131	126,230	134,333
Interest expense (ttm)	US$ in thousands	667	1,040	1,152	1,244	596	257	154	72	68	40	31	21	6	715	715	715	715	1,067	1,067	1,067
Interest coverage		314.66	188.19	155.42	133.29	256.21	525.83	914.13	1,984.44	1,975.49	3,384.68	4,127.58	5,490.00	19,010.17	155.15	155.18	156.43	162.13	117.27	118.30	125.90

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $209,881K ÷ $667K
= 314.66

I'm sorry, but as there is no specific data provided for interest coverage for Manhattan Associates, Inc. in the table, I am unable to perform a detailed analysis of this ratio. For a comprehensive evaluation of the company's interest coverage, we would need the relevant figures for interest expense and earnings before interest and taxes (EBIT) for the specified periods. If you can provide this data, I would be happy to assist you in analyzing Manhattan Associates, Inc.'s interest coverage ratio.