Manulife Financial Corporation

TSX:MFC.PRF Stock Report

Market Cap: CA$78.5b

Manulife Financial Balance Sheet Health

Financial Health criteria checks 5/6

Manulife Financial has a total shareholder equity of CA$51.6B and total debt of CA$21.9B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CA$952.6B and CA$901.0B respectively. Manulife Financial's EBIT is CA$8.9B making its interest coverage ratio 5.4. It has cash and short-term investments of CA$28.8B.

Key information

42.5%

Debt to equity ratio

CA$21.94b

Debt

Interest coverage ratio5.4x
CashCA$28.80b
EquityCA$51.64b
Total liabilitiesCA$900.99b
Total assetsCA$952.63b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MFC.PRF's short term assets (CA$94.3B) exceed its short term liabilities (CA$2.8B).

Long Term Liabilities: MFC.PRF's short term assets (CA$94.3B) do not cover its long term liabilities (CA$898.2B).


Debt to Equity History and Analysis

Debt Level: MFC.PRF has more cash than its total debt.

Reducing Debt: MFC.PRF's debt to equity ratio has reduced from 46.4% to 42.5% over the past 5 years.

Debt Coverage: MFC.PRF's debt is well covered by operating cash flow (116.4%).

Interest Coverage: MFC.PRF's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


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