Manhattan Retained Earnings vs Total Stockholder Equity 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 Retained Earnings and its Total Stockholder Equity 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.

Retained Earnings vs Total Stockholder Equity

Retained Earnings vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manhattan Associates Retained Earnings account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Manhattan Associates' Retained Earnings and Total Stockholder Equity is 0.98. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Stockholder Equity 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' Retained Earnings and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Manhattan Associates are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Retained Earnings i.e., Manhattan Associates' Retained Earnings and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 Profit365.8M408.8M498.1M523.0M
Total Revenue663.6M767.1M928.7M975.2M

Manhattan Associates fundamental ratios Correlations

-0.20.990.980.830.55-0.960.760.730.970.830.950.970.97-0.680.680.89-0.880.981.0-0.070.650.840.390.350.74
-0.2-0.24-0.350.220.120.210.260.03-0.250.09-0.46-0.23-0.220.03-0.01-0.170.54-0.33-0.220.890.26-0.360.340.37-0.74
0.99-0.240.980.770.57-0.910.70.730.940.820.960.940.97-0.680.680.92-0.850.980.98-0.130.660.880.410.360.75
0.98-0.350.980.720.51-0.910.660.730.940.790.990.930.97-0.680.640.89-0.91.00.97-0.230.580.870.320.270.83
0.830.220.770.720.51-0.880.980.720.830.850.640.850.77-0.610.540.65-0.660.730.840.340.660.510.550.50.35
0.550.120.570.510.51-0.450.540.710.520.750.470.510.47-0.730.950.7-0.460.580.520.260.440.570.370.360.34
-0.960.21-0.91-0.91-0.88-0.45-0.81-0.68-0.99-0.77-0.88-0.99-0.90.63-0.59-0.790.89-0.91-0.980.04-0.6-0.72-0.38-0.34-0.68
0.760.260.70.660.980.54-0.810.780.760.880.580.770.71-0.660.540.6-0.620.670.770.390.630.430.590.540.3
0.730.030.730.730.720.71-0.680.780.680.920.690.670.75-0.910.710.73-0.650.760.720.220.620.520.560.510.48
0.97-0.250.940.940.830.52-0.990.760.680.770.911.00.91-0.650.670.85-0.910.940.99-0.090.590.790.350.310.73
0.830.090.820.790.850.75-0.770.880.920.770.740.770.8-0.790.730.77-0.690.820.810.190.590.670.490.420.51
0.95-0.460.960.990.640.47-0.880.580.690.910.740.90.95-0.670.610.88-0.90.980.94-0.340.520.880.290.230.87
0.97-0.230.940.930.850.51-0.990.770.671.00.770.90.9-0.630.660.84-0.90.940.99-0.070.60.780.360.320.71
0.97-0.220.970.970.770.47-0.90.710.750.910.80.950.9-0.710.580.87-0.830.970.96-0.10.680.810.450.40.74
-0.680.03-0.68-0.68-0.61-0.730.63-0.66-0.91-0.65-0.79-0.67-0.63-0.71-0.76-0.80.61-0.72-0.67-0.13-0.67-0.53-0.66-0.63-0.5
0.68-0.010.680.640.540.95-0.590.540.710.670.730.610.660.58-0.760.8-0.610.710.650.150.480.680.360.350.5
0.89-0.170.920.890.650.7-0.790.60.730.850.770.880.840.87-0.80.8-0.740.910.87-0.120.720.90.430.390.69
-0.880.54-0.85-0.9-0.66-0.460.89-0.62-0.65-0.91-0.69-0.9-0.9-0.830.61-0.61-0.74-0.9-0.890.31-0.37-0.73-0.16-0.12-0.89
0.98-0.330.981.00.730.58-0.910.670.760.940.820.980.940.97-0.720.710.91-0.90.97-0.190.60.880.340.290.82
1.0-0.220.980.970.840.52-0.980.770.720.990.810.940.990.96-0.670.650.87-0.890.97-0.070.650.810.40.360.73
-0.070.89-0.13-0.230.340.260.040.390.22-0.090.19-0.34-0.07-0.1-0.130.15-0.120.31-0.19-0.070.3-0.40.370.42-0.63
0.650.260.660.580.660.44-0.60.630.620.590.590.520.60.68-0.670.480.72-0.370.60.650.30.470.70.70.21
0.84-0.360.880.870.510.57-0.720.430.520.790.670.880.780.81-0.530.680.9-0.730.880.81-0.40.470.190.130.79
0.390.340.410.320.550.37-0.380.590.560.350.490.290.360.45-0.660.360.43-0.160.340.40.370.70.190.990.03
0.350.370.360.270.50.36-0.340.540.510.310.420.230.320.4-0.630.350.39-0.120.290.360.420.70.130.99-0.02
0.74-0.740.750.830.350.34-0.680.30.480.730.510.870.710.74-0.50.50.69-0.890.820.73-0.630.210.790.03-0.02
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Manhattan Associates Account Relationship Matchups

Manhattan Associates fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets372.3M465.4M539.7M570.2M673.4M707.0M
Other Current Liab60.0M63.1M75.8M79.0M100.6M105.6M
Total Current Liabilities181.6M197.0M249.0M315.6M365.9M384.2M
Total Stockholder Equity142.3M218.9M250.6M226.8M278.3M191.4M
Property Plant And Equipment Net58.6M49.4M41.2M30.6M33.4M21.6M
Net Debt(78.3M)(176.9M)(240.5M)(211.4M)(253.0M)(240.4M)
Retained Earnings159.5M236.5M269.8M253.7M304.7M161.7M
Accounts Payable20.6M17.8M19.6M25.7M24.5M12.4M
Cash110.7M204.7M263.7M225.5M270.7M284.3M
Non Current Assets Total140.2M131.4M131.3M154.8M194.2M101.1M
Non Currrent Assets Other12.6M14.0M20.2M24.8M32.4M34.1M
Cash And Short Term Investments110.7M204.7M263.7M225.5M270.7M284.3M
Net Receivables100.9M109.2M124.4M166.8M182.5M191.7M
Common Stock Shares Outstanding65.1M64.3M64.3M63.4M62.6M72.6M
Liabilities And Stockholders Equity372.3M465.4M539.7M570.2M673.4M707.0M
Non Current Liabilities Total48.4M49.5M40.0M27.8M29.2M30.6M
Other Current Assets20.4M20.1M20.3M15.1M25.9M27.2M
Other Stockholder Equity153K(18.3M)(19.8M)(27.5M)(24.8M)(23.5M)
Total Liab230.0M246.5M289.1M343.4M395.1M414.8M
Total Current Assets232.0M334.0M408.4M415.4M479.2M503.1M
Property Plant And Equipment Gross58.6M49.4M41.2M30.6M90.6M95.1M
Accumulated Other Comprehensive Income(17.8M)(18.3M)(19.8M)(27.5M)(27.0M)(25.7M)
Other Assets19.4M51.2M27.9M62.0M71.3M74.8M
Property Plant Equipment22.7M17.9M41.2M12.8M14.7M18.7M
Current Deferred Revenue94.4M114.2M153.2M208.8M237.8M249.7M
Other Liab16.0M21.7M16.9M13.7M15.8M11.5M
Good Will62.2M62.3M62.2M62.2M62.2M66.9M
Net Tangible Assets112.5M184.5M188.4M178.6M205.4M141.2M
Retained Earnings Total Equity159.5M236.5M269.8M253.7M291.8M198.6M
Deferred Long Term Liab37K9.2M16.9M21.9M25.2M26.4M
Non Current Liabilities Other16.0M21.7M16.9M13.7M11.5M11.3M
Net Invested Capital142.3M218.9M250.6M226.8M278.3M226.1M

Currently Active Assets on Macroaxis

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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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.