Manhattan Associates (Manhattan Associates) Cash-to-Debt : 4.01 (As of Mar. 2024)

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What is Manhattan Associates Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Manhattan Associates's cash to debt ratio for the quarter that ended in Mar. 2024 was 4.01.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Manhattan Associates could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

The historical rank and industry rank for Manhattan Associates's Cash-to-Debt or its related term are showing as below:

MANH' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.5 Med: 15.67 Max: No Debt
Current: 4.01

During the past 13 years, Manhattan Associates's highest Cash to Debt Ratio was No Debt. The lowest was 2.50. And the median was 15.67.

MANH's Cash-to-Debt is ranked better than
56.59% of 2792 companies
in the Software industry
Industry Median: 2.44 vs MANH: 4.01

Manhattan Associates Cash-to-Debt Historical Data

The historical data trend for Manhattan Associates's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Manhattan Associates Cash-to-Debt Chart

Manhattan Associates Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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3.41

7.35

11.39

16.03

15.30

Manhattan Associates Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															13.92	12.30	11.23	15.30	4.01

Competitive Comparison of Manhattan Associates's Cash-to-Debt

For the Software - Application subindustry, Manhattan Associates's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Manhattan Associates's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Manhattan Associates's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Manhattan Associates's Cash-to-Debt falls into.

Manhattan Associates Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Manhattan Associates's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	270.741	/	(0	+	17.694)
	=	15.30

Manhattan Associates's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	207.524	/	(0	+	51.813)
	=	4.01

Manhattan Associates (NAS:MANH) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Manhattan Associates Cash-to-Debt Related Terms

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Manhattan Associates (Manhattan Associates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Manhattan Associates Inc (NAS:MANH) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

MANH:Mexico MHT:Germany

Address

2300 Windy Ridge Parkway, Tenth Floor, Atlanta, GA, USA, 30339

Website

https://www.manh.com

Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers around the world.

Executives

Thomas E Noonan	director	C/O INTERNET SECURITY SYSTEM INC, 6303 BARFIELD RD, ATLANTA GA 30328
James Stewart Gantt	officer: Executive Vice President	2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Deepak Raghavan	director	2300 WINDY RIDGE PARKWAY SUITE 700, ATLANTA GA 30339
Huntz John J Jr	director	1201 W PEACHTREE STREET NW, STE 5000, ATLANTA GA 30309
Linda T. Hollembaek	director	2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339
Edmond Eger	director	135 CHEROKEE WAY, PORTOLA VALLEY CA 94028
Bruce Richards	officer: Sr. V.P. & Chief Legal Officer	190 NORTHLAND RIDGE TRAIL, ATLANTA GA 30342
Dennis B Story	officer: Sr. VP and CFO
Eddie Capel	officer: Executive VP-Global Operations	2300 WINDY RIDGE PARKWAY, SUITE 1000, ATLANTA GA 30339
Kimberly A Kuryea	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Robert G Howell	officer: Sr VP, Americas Sales	2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Charles E Moran	director	2300 WINDY RIDGE PARKWAY, 10TH FLOOR, ATLANTA GA 30339
Brian J Cassidy	director	MEENTSESTREAST 81 NL 6987, GLESBEEK NETHERLANDS P7 0000
John H Heyman	director	3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Linda C. Pinne	officer: Sr VP, Global Corp Controller	2300 WINDY RIDGE PARKWAY, TENTH FLOOR, ATLANTA GA 30339