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Manhattan Associates MANH Provision for Credit Losses

Provision for Credit Losses at other companies

Medline, Inc.
 logo
Medline, Inc. MDLN
$1M-96.2%
SS&C Technologies logo
SS&C TechnologiesSSNC
$5.7M+7.5%
Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
$196.54M+33.5%

Segments

By product

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Service Other-$1.1M-650%

Other financials

Income statement

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Revenue$282.2M+7.4%
Gross profit$155.6M+5.0%
Operating income$64.9M+2.8%
Net income$49.3M-6.3%
EPS (diluted)$0.82-3.5%

Balance sheet

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Cash & equivalents$226.1M+9.8%
Total debt$55.7M+18.5%
Total equity$205.2M-16.3%
Total assets$740.5M+4.6%

Cash flow

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Operating cash flow$84.0M+11.7%
CapEx$4.1M+360%
Free cash flow$79.9M+7.5%

Valuation

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Market cap$7.83B-24.7%
Enterprise value$7.66B-25.2%
P/E36.1×-11.7×
P/S7.1×-2.8×

Profitability

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Gross margin56%+0.4pp
Operating margin25.6%+0.2pp
Net margin19.7%-1.0pp
FCF margin34.5%+5.1pp

Returns & leverage

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Return on equity96.2%+6.6pp
Debt / equity0.3×+0.1×
Current ratio1.1×0.0×

Questions, answered.

What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.