Manulife Net Receivables vs Good Will Analysis
MFC Stock | CAD 34.50 0.11 0.32% |
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 Net Receivables and its Good Will 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Net Receivables vs Good Will
Net Receivables vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Net Receivables account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Manulife Financial's Net Receivables and Good Will is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Good Will 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 Net Receivables and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Manulife Financial Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Receivables i.e., Manulife Financial's Net Receivables and Good Will go up and down completely randomly.
Correlation Coefficient | 0.69 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 closely tied 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 17th of June 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 Revenue | 59.8B | 15.3B | 42.3B | 39.3B | Interest Expense | 1.0B | 1.4B | 1.6B | 992.4M |
Manulife Financial fundamental ratios Correlations
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Manulife Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Manulife Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 809.1B | 880.3B | 917.6B | 848.9B | 875.6B | 467.4B | |
Short Long Term Debt Total | 11.7B | 14.0B | 11.9B | 12.4B | 14.2B | 7.7B | |
Total Stockholder Equity | 48.9B | 51.6B | 57.2B | 54.7B | 47.3B | 32.6B | |
Net Debt | (8.6B) | (12.2B) | (10.7B) | (6.8B) | (6.1B) | (6.4B) | |
Other Assets | 556.5B | 600.4B | 631.6B | 590.4B | 679.0B | 400.2B | |
Common Stock Shares Outstanding | 2.0B | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | |
Liabilities And Stockholders Equity | 809.1B | 880.3B | 917.6B | 848.9B | 976.3B | 1.0T | |
Other Stockholder Equity | 22M | (1.0B) | (971M) | (1.1B) | (997.2M) | (947.3M) | |
Total Liab | 13.6B | 16.6B | 858.8B | 792.6B | 826.8B | 868.2B | |
Retained Earnings | 15.5B | 18.9B | 23.5B | 27.0B | 4.8B | 4.6B | |
Total Current Liabilities | 649M | 17.2B | 16.8B | 17.2B | 19.8B | 20.8B | |
Cash | 20.3B | 26.2B | 22.6B | 19.2B | 20.3B | 16.0B | |
Cash And Short Term Investments | 20.3B | 26.2B | 22.6B | 19.2B | 22.0B | 16.7B | |
Common Stock Total Equity | 23.0B | 23.0B | 23.1B | 23.0B | 26.5B | 18.1B | |
Common Stock | 23.1B | 23.0B | 23.1B | 22.2B | 25.5B | 18.7B | |
Good Will | 5.7B | 5.7B | 5.7B | 6.0B | 5.9B | 5.8B | |
Intangible Assets | 4.2B | 4.2B | 4.3B | 4.5B | 4.4B | 3.2B | |
Accumulated Other Comprehensive Income | 6.4B | 6.3B | 5.2B | (25M) | (28.8M) | (27.3M) | |
Net Receivables | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | 1.2B | |
Other Current Liab | 16.9B | 16.8B | 16.1B | 17.1B | 19.6B | 20.6B | |
Other Liab | 739.0B | 783.6B | 822.7B | 750.7B | 863.3B | 740.1B | |
Net Tangible Assets | 35.1B | 37.8B | 44.1B | 41.7B | 48.0B | 35.4B | |
Long Term Debt | 11.7B | 14.0B | 11.9B | 12.4B | 12.1B | 10.5B | |
Other Current Assets | 47.7B | 54.2B | 52.4B | 53.2B | 61.2B | 45.1B | |
Long Term Investments | 221.0B | 242.4B | 252.2B | 227.4B | 237.7B | 234.3B | |
Total Current Assets | 21.7B | 27.6B | 23.9B | 20.6B | 18.5B | 17.6B | |
Property Plant Equipment | 1.9B | 1.9B | 1.8B | 1.9B | 2.2B | 1.8B | |
Long Term Debt Total | 12.1B | 14.0B | 11.9B | 12.4B | 14.2B | 13.7B | |
Capital Surpluse | 254M | 261M | 262M | 238M | 214.2M | 211.8M | |
Cash And Equivalents | 20.3B | 26.2B | 22.6B | 19.2B | 22.0B | 21.3B | |
Net Invested Capital | 56.7B | 61.7B | 62.7B | 60.4B | 53.4B | 63.1B | |
Capital Stock | 26.9B | 26.9B | 29.5B | 28.8B | 28.2B | 30.6B |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Manulife Stock
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.