Manhattan Associates Inc (MANH) — Cash Flow-to-Debt Ratio
Manhattan Associates Inc (MANH) has a Cash Flow-to-Debt Ratio of 0.17x as of June 2026, meaning its operating cash flow of $90.68 Million could theoretically repay 0% of its total liabilities ($541.14 Million) in one year. See Manhattan Associates Inc (MANH) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Manhattan Associates Inc Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Manhattan Associates Inc across 29 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Manhattan Associates Inc.
Annual Cash Flow-to-Debt Ratio for Manhattan Associates Inc (1997–2025)
Year-by-year debt coverage analysis for Manhattan Associates Inc. Check MANH cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.74x | $389.47 Million | $524.62 Million | ▲ +15.4% |
| 2024 | 0.64x | $295.00 Million | $458.43 Million | ▲ +3.3% |
| 2023 | 0.62x | $246.22 Million | $395.07 Million | ▲ +19.1% |
| 2022 | 0.52x | $179.63 Million | $343.38 Million | ▼ -18.3% |
| 2021 | 0.64x | $185.18 Million | $289.06 Million | ▲ +12.1% |
| 2020 | 0.57x | $140.88 Million | $246.51 Million | ▼ -10.5% |
| 2019 | 0.64x | $146.91 Million | $230.00 Million | ▼ -25.6% |
| 2018 | 0.86x | $137.35 Million | $160.00 Million | ▼ -26.7% |
| 2017 | 1.17x | $164.07 Million | $140.04 Million | ▲ +7.4% |
| 2016 | 1.09x | $139.35 Million | $127.77 Million | ▲ +29.3% |
| 2015 | 0.84x | $120.15 Million | $142.42 Million | ▲ +22.0% |
| 2014 | 0.69x | $94.16 Million | $136.15 Million | ▼ -10.1% |
| 2013 | 0.77x | $89.39 Million | $116.24 Million | ▲ +2.5% |
| 2012 | 0.75x | $75.27 Million | $100.30 Million | ▲ +31.1% |
| 2011 | 0.57x | $55.82 Million | $97.52 Million | ▲ +10.7% |
| 2010 | 0.52x | $49.97 Million | $96.66 Million | ▼ -27.9% |
| 2009 | 0.72x | $58.32 Million | $81.35 Million | ▲ +1.5% |
| 2008 | 0.71x | $63.84 Million | $90.38 Million | ▲ +58.6% |
| 2007 | 0.45x | $38.27 Million | $85.95 Million | ▼ -21.5% |
| 2006 | 0.57x | $44.12 Million | $77.75 Million | ▲ +15.6% |
| 2005 | 0.49x | $33.38 Million | $68.00 Million | ▼ -49.4% |
| 2004 | 0.97x | $44.48 Million | $45.87 Million | ▼ -4.3% |
| 2003 | 1.01x | $36.26 Million | $35.78 Million | ▼ -23.0% |
| 2002 | 1.32x | $45.97 Million | $34.91 Million | ▲ +32.2% |
| 2001 | 1.00x | $39.35 Million | $39.52 Million | ▲ +16.1% |
| 2000 | 0.86x | $36.36 Million | $42.37 Million | ▲ +66.4% |
| 1999 | 0.52x | $11.50 Million | $22.30 Million | ▲ +116.9% |
| 1998 | 0.24x | $2.90 Million | $12.20 Million | ▼ -77.9% |
| 1997 | 1.08x | $7.00 Million | $6.50 Million | — |