Manulife Financial Balance Sheet Health
Financial Health criteria checks 4/6
Manulife Financial has a total shareholder equity of CA$49.9B and total debt of CA$24.2B, which brings its debt-to-equity ratio to 48.4%. Its total assets and total liabilities are CA$907.2B and CA$857.3B respectively. Manulife Financial's EBIT is CA$7.7B making its interest coverage ratio 4.7. It has cash and short-term investments of CA$27.1B.
Key information
48.4%
Debt to equity ratio
CA$24.17b
Debt
Interest coverage ratio | 4.7x |
Cash | CA$27.13b |
Equity | CA$49.89b |
Total liabilities | CA$857.33b |
Total assets | CA$907.22b |
Recent financial health updates
No updates
Recent updates
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now
May 03Manulife Financial Corporation (TSE:MFC) Analysts Just Trimmed Their Revenue Forecasts By 13%
Sep 08Analysts' Revenue Estimates For Manulife Financial Corporation (TSE:MFC) Are Surging Higher
Aug 18Do Manulife Financial's (TSE:MFC) Earnings Warrant Your Attention?
May 30Industry Analysts Just Made A Captivating Upgrade To Their Manulife Financial Corporation (TSE:MFC) Revenue Forecasts
May 12Manulife Financial's (TSE:MFC) Dividend Will Be Increased To CA$0.365
Feb 19Here's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention Today
Jan 24Should You Be Adding Manulife Financial (TSE:MFC) To Your Watchlist Today?
Aug 03Manulife Financial (TSE:MFC) Is Paying Out A Larger Dividend Than Last Year
Feb 17Financial Position Analysis
Short Term Liabilities: MFC's short term assets (CA$87.0B) exceed its short term liabilities (CA$3.0B).
Long Term Liabilities: MFC's short term assets (CA$87.0B) do not cover its long term liabilities (CA$854.3B).
Debt to Equity History and Analysis
Debt Level: MFC has more cash than its total debt.
Reducing Debt: MFC's debt to equity ratio has increased from 39.4% to 48.4% over the past 5 years.
Debt Coverage: MFC's debt is well covered by operating cash flow (91.2%).
Interest Coverage: MFC's interest payments on its debt are well covered by EBIT (4.7x coverage).