Manhattan Common Stock Shares Outstanding vs Total Current Liabilities Analysis
MANH Stock | USD 285.44 2.24 0.78% |
Manhattan Associates financial indicator trend analysis is infinitely more than just investigating Manhattan Associates recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manhattan Associates is a good investment. Please check the relationship between Manhattan Associates Common Stock Shares Outstanding and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.
Common Stock Shares Outstanding vs Total Current Liabilities
Common Stock Shares Outstanding vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manhattan Associates Common Stock Shares Outstanding account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Manhattan Associates' Common Stock Shares Outstanding and Total Current Liabilities is -0.68. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Manhattan Associates, assuming nothing else is changed. The correlation between historical values of Manhattan Associates' Common Stock Shares Outstanding and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Manhattan Associates are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Common Stock Shares Outstanding i.e., Manhattan Associates' Common Stock Shares Outstanding and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.68 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Total Current Liabilities
Total Current Liabilities is an item on Manhattan Associates balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Manhattan Associates are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Manhattan Associates' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manhattan Associates current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.As of now, Manhattan Associates' Enterprise Value Over EBITDA is increasing as compared to previous years. The Manhattan Associates' current Enterprise Value Multiple is estimated to increase to 63.58, while Selling General Administrative is projected to decrease to under 55.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 365.8M | 408.8M | 498.1M | 523.0M | Total Revenue | 663.6M | 767.1M | 928.7M | 975.2M |
Manhattan Associates fundamental ratios Correlations
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Manhattan Associates Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manhattan Associates fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 372.3M | 465.4M | 539.7M | 570.2M | 673.4M | 707.0M | |
Other Current Liab | 60.0M | 63.1M | 75.8M | 79.0M | 100.6M | 105.6M | |
Total Current Liabilities | 181.6M | 197.0M | 249.0M | 315.6M | 365.9M | 384.2M | |
Total Stockholder Equity | 142.3M | 218.9M | 250.6M | 226.8M | 278.3M | 191.4M | |
Property Plant And Equipment Net | 58.6M | 49.4M | 41.2M | 30.6M | 33.4M | 21.6M | |
Net Debt | (78.3M) | (176.9M) | (240.5M) | (211.4M) | (253.0M) | (240.4M) | |
Retained Earnings | 159.5M | 236.5M | 269.8M | 253.7M | 304.7M | 161.7M | |
Accounts Payable | 20.6M | 17.8M | 19.6M | 25.7M | 24.5M | 12.4M | |
Cash | 110.7M | 204.7M | 263.7M | 225.5M | 270.7M | 284.3M | |
Non Current Assets Total | 140.2M | 131.4M | 131.3M | 154.8M | 194.2M | 101.1M | |
Non Currrent Assets Other | 12.6M | 14.0M | 20.2M | 24.8M | 32.4M | 34.1M | |
Cash And Short Term Investments | 110.7M | 204.7M | 263.7M | 225.5M | 270.7M | 284.3M | |
Net Receivables | 100.9M | 109.2M | 124.4M | 166.8M | 182.5M | 191.7M | |
Common Stock Shares Outstanding | 65.1M | 64.3M | 64.3M | 63.4M | 62.6M | 72.6M | |
Liabilities And Stockholders Equity | 372.3M | 465.4M | 539.7M | 570.2M | 673.4M | 707.0M | |
Non Current Liabilities Total | 48.4M | 49.5M | 40.0M | 27.8M | 29.2M | 30.6M | |
Other Current Assets | 20.4M | 20.1M | 20.3M | 15.1M | 25.9M | 27.2M | |
Other Stockholder Equity | 153K | (18.3M) | (19.8M) | (27.5M) | (24.8M) | (23.5M) | |
Total Liab | 230.0M | 246.5M | 289.1M | 343.4M | 395.1M | 414.8M | |
Total Current Assets | 232.0M | 334.0M | 408.4M | 415.4M | 479.2M | 503.1M | |
Property Plant And Equipment Gross | 58.6M | 49.4M | 41.2M | 30.6M | 90.6M | 95.1M | |
Accumulated Other Comprehensive Income | (17.8M) | (18.3M) | (19.8M) | (27.5M) | (27.0M) | (25.7M) | |
Other Assets | 19.4M | 51.2M | 27.9M | 62.0M | 71.3M | 74.8M | |
Property Plant Equipment | 22.7M | 17.9M | 41.2M | 12.8M | 14.7M | 18.7M | |
Current Deferred Revenue | 94.4M | 114.2M | 153.2M | 208.8M | 237.8M | 249.7M | |
Other Liab | 16.0M | 21.7M | 16.9M | 13.7M | 15.8M | 11.5M | |
Good Will | 62.2M | 62.3M | 62.2M | 62.2M | 62.2M | 66.9M | |
Net Tangible Assets | 112.5M | 184.5M | 188.4M | 178.6M | 205.4M | 141.2M | |
Retained Earnings Total Equity | 159.5M | 236.5M | 269.8M | 253.7M | 291.8M | 198.6M | |
Deferred Long Term Liab | 37K | 9.2M | 16.9M | 21.9M | 25.2M | 26.4M | |
Non Current Liabilities Other | 16.0M | 21.7M | 16.9M | 13.7M | 11.5M | 11.3M | |
Net Invested Capital | 142.3M | 218.9M | 250.6M | 226.8M | 278.3M | 226.1M |
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When determining whether Manhattan Associates offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manhattan Associates' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manhattan Associates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manhattan Associates Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Manhattan Stock please use our How to Invest in Manhattan Associates guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manhattan Associates. If investors know Manhattan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manhattan Associates listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.51 | Revenue Per Share 16.679 | Quarterly Revenue Growth 0.166 | Return On Assets 0.2555 | Return On Equity 0.8978 |
The market value of Manhattan Associates is measured differently than its book value, which is the value of Manhattan that is recorded on the company's balance sheet. Investors also form their own opinion of Manhattan Associates' value that differs from its market value or its book value, called intrinsic value, which is Manhattan Associates' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manhattan Associates' market value can be influenced by many factors that don't directly affect Manhattan Associates' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Manhattan Associates' value and its price as these two are different measures arrived at by different means. Investors typically determine if Manhattan Associates is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manhattan Associates' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.