Manhattan Capital Stock vs Accounts Payable Analysis
MANH Stock | USD 280.40 8.51 3.13% |
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 Capital Stock and its Accounts Payable 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.
Capital Stock vs Accounts Payable
Capital Stock vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manhattan Associates Capital Stock account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Manhattan Associates' Capital Stock and Accounts Payable is -0.16. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Accounts Payable 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' Capital Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Manhattan Associates are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Stock i.e., Manhattan Associates' Capital Stock and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Accounts Payable
An accounting item on the balance sheet that represents Manhattan Associates obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Manhattan Associates are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.