Manhattan Associates Inc (MANH)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| Debt-to-capital 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 |
| 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 |
| Financial leverage ratio | 2.53 | 2.51 | 2.76 | 2.82 | 2.42 | 2.73 | 3.09 | 2.93 | 2.51 | 2.60 | 2.46 | 2.36 | 2.15 | 2.16 | 2.24 | 2.24 | 2.13 | 2.22 | 2.49 | 2.77 |
Manhattan Associates Inc has consistently maintained a very strong solvency position based on the solvency ratios analyzed. The debt-to-assets, debt-to-capital, and debt-to-equity ratios have all been consistently at 0.00 over the analyzed period, indicating that the company has no debt in relation to its assets, capital, or equity.
The financial leverage ratio, which provides a measure of a company's total debt compared to its total assets, has shown some fluctuations over the period. Starting at 2.77 in March 31, 2020, the ratio decreased to 2.13 by December 31, 2020. From there, the ratio increased slightly, reaching a peak of 3.09 on June 30, 2023, before decreasing to 2.53 by December 31, 2024.
Overall, Manhattan Associates Inc's solvency ratios demonstrate a stable financial position with minimal financial risk stemming from debt obligations. The company's low leverage and lack of debt indicate a strong financial health and ability to cover its obligations comfortably.
Coverage ratios
| 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 | |
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| Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The interest coverage ratio for Manhattan Associates Inc is not provided in the financial data available. The interest coverage ratio is a measure of a company's ability to cover its interest expenses with its operating income. It is calculated by dividing the earnings before interest and taxes (EBIT) by the interest expenses.
Without the specific values for EBIT and interest expenses, it is not possible to calculate the interest coverage ratio for Manhattan Associates Inc. It is an important financial metric that investors and creditors use to assess a company's financial health and its ability to meet its debt obligations. A higher interest coverage ratio indicates a stronger ability to cover interest expenses, while a lower ratio may signal potential financial distress.
In the absence of the interest coverage ratio data, further analysis of the company's financial statements and debt structure would be needed to assess its overall financial health and ability to manage its debt efficiently.