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 ratio | 5.4x |
| Cash | CA$28.80b |
| Equity | CA$51.64b |
| Total liabilities | CA$900.99b |
| Total assets | CA$952.63b |
Recent financial health updates
No updates
Recent updates
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now
May 03
Manulife 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 03Financial Position Analysis
Short Term Liabilities: MFC's short term assets (CA$94.3B) exceed its short term liabilities (CA$2.8B).
Long Term Liabilities: MFC'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 has more cash than its total debt.
Reducing Debt: MFC's debt to equity ratio has reduced from 46.4% to 42.5% over the past 5 years.
Debt Coverage: MFC's debt is well covered by operating cash flow (116.4%).
Interest Coverage: MFC's interest payments on its debt are well covered by EBIT (5.4x coverage).