Manhattan Associates Inc (MANH) — Working Capital to Net Assets Ratio
Manhattan Associates Inc (MANH) has a Working Capital to Net Assets ratio of 23.6% as of March 2026. Working capital of $48.42 Million (current assets of $515.82 Million minus current liabilities of $467.40 Million) is measured against net assets of $205.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MANH financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Manhattan Associates Inc Working Capital to Net Assets (1997–2025)
This chart shows how Manhattan Associates Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 23.6%, reflecting working capital of $48.42 Million against net assets of $205.18 Million USD. See operational self-sufficiency of Manhattan Associates Inc to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Manhattan Associates Inc (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Manhattan Associates Inc from 1997 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Manhattan Associates Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 40.5% | $127.42 Million | $314.76 Million | $583.34 Million | $455.91 Million | ▲ +6.1 pp |
| 2024 | 34.4% | $102.96 Million | $299.13 Million | $503.26 Million | $400.30 Million | ▼ -6.3 pp |
| 2023 | 40.7% | $113.28 Million | $278.28 Million | $479.19 Million | $365.92 Million | ▼ -3.3 pp |
| 2022 | 44.0% | $99.78 Million | $226.80 Million | $415.38 Million | $315.60 Million | ▼ -19.6 pp |
| 2021 | 63.6% | $159.38 Million | $250.64 Million | $408.42 Million | $249.04 Million | ▲ +1.0 pp |
| 2020 | 62.6% | $137.06 Million | $218.90 Million | $334.04 Million | $196.99 Million | ▲ +27.2 pp |
| 2019 | 35.5% | $50.45 Million | $142.28 Million | $232.04 Million | $181.60 Million | ▼ -12.2 pp |
| 2018 | 47.7% | $70.12 Million | $147.15 Million | $215.38 Million | $145.26 Million | ▼ -11.7 pp |
| 2017 | 59.3% | $103.82 Million | $174.96 Million | $228.07 Million | $124.25 Million | ▲ +6.6 pp |
| 2016 | 52.8% | $89.38 Million | $169.37 Million | $207.02 Million | $117.64 Million | ▼ -8.6 pp |
| 2015 | 61.4% | $119.96 Million | $195.49 Million | $247.14 Million | $127.19 Million | ▲ +2.6 pp |
| 2014 | 58.8% | $107.05 Million | $182.02 Million | $229.86 Million | $122.81 Million | ▼ -4.3 pp |
| 2013 | 63.1% | $114.55 Million | $181.59 Million | $218.74 Million | $104.19 Million | ▲ +7.1 pp |
| 2012 | 56.0% | $90.37 Million | $161.51 Million | $181.51 Million | $91.14 Million | ▲ +2.6 pp |
| 2011 | 53.3% | $86.39 Million | $162.08 Million | $174.51 Million | $88.12 Million | ▼ -2.5 pp |
| 2010 | 55.8% | $102.60 Million | $183.80 Million | $188.98 Million | $86.38 Million | ▲ +2.5 pp |
| 2009 | 53.3% | $97.80 Million | $183.37 Million | $168.75 Million | $70.95 Million | ▲ +8.1 pp |
| 2008 | 45.3% | $81.39 Million | $179.84 Million | $163.28 Million | $81.89 Million | ▲ +6.6 pp |
| 2007 | 38.7% | $71.88 Million | $185.71 Million | $150.36 Million | $78.48 Million | ▼ -8.1 pp |
| 2006 | 46.8% | $111.03 Million | $237.14 Million | $187.10 Million | $76.07 Million | ▲ +15.1 pp |
| 2005 | 31.8% | $65.24 Million | $205.40 Million | $132.23 Million | $66.98 Million | ▼ -25.0 pp |
| 2004 | 56.7% | $138.76 Million | $244.63 Million | $183.56 Million | $44.80 Million | ▼ -12.7 pp |
| 2003 | 69.4% | $158.37 Million | $228.24 Million | $193.46 Million | $35.09 Million | ▲ +2.1 pp |
| 2002 | 67.3% | $124.68 Million | $185.29 Million | $159.21 Million | $34.53 Million | ▼ -4.4 pp |
| 2001 | 71.7% | $101.22 Million | $141.19 Million | $138.56 Million | $37.33 Million | ▲ +7.9 pp |
| 2000 | 63.8% | $70.19 Million | $110.00 Million | $106.70 Million | $36.51 Million | ▼ -16.4 pp |
| 1999 | 80.2% | $47.00 Million | $58.60 Million | $68.40 Million | $21.40 Million | ▼ 0.0 pp |
| 1998 | 80.2% | $44.60 Million | $55.60 Million | $55.90 Million | $11.30 Million | ▲ +7.3 pp |
| 1997 | 72.9% | $6.20 Million | $8.50 Million | $12.80 Million | $6.60 Million | — |