Manulife Other Stockholder Equity vs Net Debt Analysis

MFC Stock  CAD 36.34  0.38  1.06%   
Manulife Financial financial indicator trend analysis is infinitely more than just investigating Manulife Financial Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Manulife Financial Corp is a good investment. Please check the relationship between Manulife Financial Other Stockholder Equity and its Net Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Stockholder Equity vs Net Debt

Other Stockholder Equity vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Other Stockholder Equity account and Net Debt. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Manulife Financial's Other Stockholder Equity and Net Debt is 0.15. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Debt in the same time period over historical financial statements of Manulife Financial Corp, assuming nothing else is changed. The correlation between historical values of Manulife Financial's Other Stockholder Equity and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Manulife Financial Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Other Stockholder Equity i.e., Manulife Financial's Other Stockholder Equity and Net Debt go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Stockholder Equity

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Most indicators from Manulife Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Manulife Financial Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Manulife Financial's Selling General Administrative is very stable compared to the past year. As of the 18th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.13, while Tax Provision is likely to drop about 836.2 M.
 2021 2022 2023 2024 (projected)
Total Revenue59.8B15.3B42.3B39.3B
Interest Expense1.0B1.4B1.6B992.4M

Manulife Financial fundamental ratios Correlations

0.940.980.8-0.50.850.80.32-0.490.330.80.650.450.870.860.890.690.880.870.870.70.540.790.76-0.560.79
0.940.90.77-0.290.890.790.22-0.580.340.770.520.420.770.760.870.670.860.860.870.680.480.740.67-0.490.75
0.980.90.67-0.490.780.740.4-0.540.340.670.760.530.850.850.810.650.80.890.910.730.630.840.81-0.640.85
0.80.770.67-0.470.860.870.11-0.220.371.00.180.170.660.660.960.780.950.610.470.380.190.380.39-0.210.39
-0.5-0.29-0.49-0.47-0.28-0.48-0.180.150.05-0.47-0.36-0.31-0.82-0.8-0.48-0.51-0.49-0.28-0.15-0.21-0.34-0.32-0.370.13-0.28
0.850.890.780.86-0.280.90.03-0.40.490.860.320.170.640.620.910.680.910.790.70.370.160.50.42-0.440.5
0.80.790.740.87-0.480.90.04-0.360.390.870.320.150.690.660.940.820.960.750.550.310.20.40.32-0.380.39
0.320.220.40.11-0.180.030.04-0.310.620.110.30.790.30.360.210.480.20.420.390.570.710.650.76-0.50.61
-0.49-0.58-0.54-0.220.15-0.4-0.36-0.31-0.25-0.22-0.4-0.38-0.49-0.5-0.35-0.33-0.35-0.48-0.54-0.46-0.42-0.55-0.510.45-0.53
0.330.340.340.370.050.490.390.62-0.250.370.050.420.140.160.440.570.440.470.320.170.180.330.38-0.420.3
0.80.770.671.0-0.470.860.870.11-0.220.370.180.170.660.660.960.780.950.610.470.380.190.380.39-0.210.39
0.650.520.760.18-0.360.320.320.3-0.40.050.180.420.590.560.310.150.30.510.670.540.520.60.62-0.380.63
0.450.420.530.17-0.310.170.150.79-0.380.420.170.420.520.570.30.510.290.50.490.740.870.730.8-0.40.75
0.870.770.850.66-0.820.640.690.3-0.490.140.660.590.521.00.750.680.750.690.650.60.590.720.71-0.410.69
0.860.760.850.66-0.80.620.660.36-0.50.160.660.560.571.00.740.690.740.690.650.630.630.750.75-0.430.73
0.890.870.810.96-0.480.910.940.21-0.350.440.960.310.30.750.740.871.00.80.640.490.340.550.52-0.430.55
0.690.670.650.78-0.510.680.820.48-0.330.570.780.150.510.680.690.870.880.750.480.470.490.540.53-0.460.52
0.880.860.80.95-0.490.910.960.2-0.350.440.950.30.290.750.741.00.880.810.630.460.340.540.5-0.440.53
0.870.860.890.61-0.280.790.750.42-0.480.470.610.510.50.690.690.80.750.810.920.690.60.840.74-0.810.84
0.870.870.910.47-0.150.70.550.39-0.540.320.470.670.490.650.650.640.480.630.920.770.620.90.82-0.770.91
0.70.680.730.38-0.210.370.310.57-0.460.170.380.540.740.60.630.490.470.460.690.770.870.870.88-0.540.9
0.540.480.630.19-0.340.160.20.71-0.420.180.190.520.870.590.630.340.490.340.60.620.870.830.86-0.540.85
0.790.740.840.38-0.320.50.40.65-0.550.330.380.60.730.720.750.550.540.540.840.90.870.830.96-0.770.98
0.760.670.810.39-0.370.420.320.76-0.510.380.390.620.80.710.750.520.530.50.740.820.880.860.96-0.680.96
-0.56-0.49-0.64-0.210.13-0.44-0.38-0.50.45-0.42-0.21-0.38-0.4-0.41-0.43-0.43-0.46-0.44-0.81-0.77-0.54-0.54-0.77-0.68-0.76
0.790.750.850.39-0.280.50.390.61-0.530.30.390.630.750.690.730.550.520.530.840.910.90.850.980.96-0.76
Click cells to compare fundamentals

Manulife Financial Account Relationship Matchups

Manulife Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets809.1B880.3B917.6B848.9B875.6B467.4B
Short Long Term Debt Total11.7B14.0B11.9B12.4B14.2B7.7B
Total Stockholder Equity48.9B51.6B57.2B54.7B47.3B32.6B
Net Debt(8.6B)(12.2B)(10.7B)(6.8B)(6.1B)(6.4B)
Other Assets556.5B600.4B631.6B590.4B679.0B400.2B
Common Stock Shares Outstanding2.0B1.9B1.9B1.9B1.8B1.8B
Liabilities And Stockholders Equity809.1B880.3B917.6B848.9B976.3B1.0T
Other Stockholder Equity22M(1.0B)(971M)(1.1B)(997.2M)(947.3M)
Total Liab13.6B16.6B858.8B792.6B826.8B868.2B
Retained Earnings15.5B18.9B23.5B27.0B4.8B4.6B
Total Current Liabilities649M17.2B16.8B17.2B19.8B20.8B
Cash20.3B26.2B22.6B19.2B20.3B16.0B
Cash And Short Term Investments20.3B26.2B22.6B19.2B22.0B16.7B
Common Stock Total Equity23.0B23.0B23.1B23.0B26.5B18.1B
Common Stock23.1B23.0B23.1B22.2B25.5B18.7B
Good Will5.7B5.7B5.7B6.0B5.9B5.8B
Intangible Assets4.2B4.2B4.3B4.5B4.4B3.2B
Accumulated Other Comprehensive Income6.4B6.3B5.2B(25M)(28.8M)(27.3M)
Net Receivables1.4B1.4B1.3B1.4B1.7B1.2B
Other Current Liab16.9B16.8B16.1B17.1B19.6B20.6B
Other Liab739.0B783.6B822.7B750.7B863.3B740.1B
Net Tangible Assets35.1B37.8B44.1B41.7B48.0B35.4B
Long Term Debt11.7B14.0B11.9B12.4B12.1B10.5B
Other Current Assets47.7B54.2B52.4B53.2B61.2B45.1B
Long Term Investments221.0B242.4B252.2B227.4B237.7B234.3B
Total Current Assets21.7B27.6B23.9B20.6B18.5B17.6B
Property Plant Equipment1.9B1.9B1.8B1.9B2.2B1.8B
Long Term Debt Total12.1B14.0B11.9B12.4B14.2B13.7B
Capital Surpluse254M261M262M238M214.2M211.8M
Cash And Equivalents20.3B26.2B22.6B19.2B22.0B21.3B
Net Invested Capital56.7B61.7B62.7B60.4B53.4B63.1B
Capital Stock26.9B26.9B29.5B28.8B28.2B30.6B

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When determining whether Manulife Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Manulife Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Manulife Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Manulife Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manulife Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Manulife Financial Corp information on this page should be used as a complementary analysis to other Manulife Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Manulife Financial's price analysis, check to measure Manulife Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Manulife Financial is operating at the current time. Most of Manulife Financial's value examination focuses on studying past and present price action to predict the probability of Manulife Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Manulife Financial's price. Additionally, you may evaluate how the addition of Manulife Financial to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Manulife Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Manulife Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Manulife Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.