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
Manulife: Despite Strong Fundamentals, It's Time To Take Profits
Oct 31Manulife Financial: Dividend Powerhouse With High Growth Potential
Sep 09Manulife Financial: This Dividend Grower Still Has Upside
Jun 26Manulife Financial: A Hidden Gem Insurance Company Deserving Of Your Attention
Jun 09Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)
Apr 19Should You Buy Manulife For Its 4.8% Yield?
Feb 11Manulife: Undervalued With Massive Capital Returns
Jan 26Manulife Financial: Strong Revenue And Dividend Growth While Share Price Skyrockets (Downgrade)
Jan 02Manulife: Time To Take Some Profits
Dec 19Manulife Financial: Lock In This Growing Dividend At A Discount
Nov 27Manulife: The Perpetual Preferreds Are Now Getting Attractive
Oct 05Manulife: Taking A Closer Look At Canadian Life Insurance
Sep 25Manulife Financial: Dividend Yield Beyond 5% And Positive Net Income Growth
Jul 19Manulife: You Shouldn't Doubt This Company, Still A 'Buy'
Jun 13Manulife Financial Non-GAAP EPS of C$0.88 beats by C$0.07
Feb 15Lock In A 6.9% Dividend Yield With Manulife Preferred Shares
Feb 08Manulife Is Too Cheap At 5.7% Yield
Dec 12Manulife Financial Non-GAAP EPS of C$0.67 misses by C$0.03
Nov 09Manulife Investment Management buys industrial warehouse in Fort Worth, Texas
Oct 26Manulife intends to redeem C$1B of 3.181% fixed/floating subordinated debentures next month
Oct 12Manulife Financial Remains A High-Yielding Bargain Buy
Aug 19Manulife Financial declares CAD 0.33 dividend
Aug 10Wall Street Analysts And The Options Market Suggest Manulife Financial Is Undervalued
Jul 26Why Manulife Financial Is A 6% Yield You Don't Want To Miss
Jul 05Manulife: A Quality 5.4% Yield
May 30Financial 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).