Manulife Financial Balance Sheet Health
Financial Health criteria checks 4/6
Manulife Financial has a total shareholder equity of CA$48.7B and total debt of CA$21.9B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are CA$875.6B and CA$826.8B respectively. Manulife Financial's EBIT is CA$8.1B making its interest coverage ratio 5.2. It has cash and short-term investments of CA$26.2B.
Key information
45.0%
Debt to equity ratio
CA$21.91b
Debt
Interest coverage ratio | 5.2x |
Cash | CA$26.15b |
Equity | CA$48.73b |
Total liabilities | CA$826.85b |
Total assets | CA$875.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0V5H's short term assets (CA$75.4B) exceed its short term liabilities (CA$19.9B).
Long Term Liabilities: 0V5H's short term assets (CA$75.4B) do not cover its long term liabilities (CA$807.0B).
Debt to Equity History and Analysis
Debt Level: 0V5H has more cash than its total debt.
Reducing Debt: 0V5H's debt to equity ratio has increased from 41% to 45% over the past 5 years.
Debt Coverage: 0V5H's debt is well covered by operating cash flow (93.2%).
Interest Coverage: 0V5H's interest payments on its debt are well covered by EBIT (5.2x coverage).