Manulife Cash vs Common Stock Shares Outstanding Analysis

MFC Stock  USD 26.39  0.24  0.92%   
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 Cash and its Common Stock Shares Outstanding 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 census.

Cash vs Common Stock Shares Outstanding

Cash vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Cash account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong relationship.
The correlation between Manulife Financial's Cash and Common Stock Shares Outstanding is 0.75. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Common Stock Shares Outstanding 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 Cash and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Manulife Financial Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash i.e., Manulife Financial's Cash and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Cash

Cash refers to the most liquid asset of Manulife Financial Corp, which is listed under current asset account on Manulife Financial Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Manulife Financial customers. The amounts must be unrestricted with restricted cash listed in a different Manulife Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 census.
At present, Manulife Financial's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 18.18, whereas Tax Provision is forecasted to decline to 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

0.930.980.02-0.520.171.00.810.25-0.50.09-0.60.65-0.07-0.360.690.660.70.880.890.730.90.890.99-0.790.81
0.930.890.01-0.320.170.930.850.18-0.610.23-0.660.53-0.1-0.310.680.650.640.790.920.710.880.880.92-0.730.74
0.980.890.03-0.520.240.980.750.34-0.540.07-0.510.76-0.17-0.460.760.730.770.860.860.750.910.810.96-0.860.86
0.020.010.03-0.14-0.810.05-0.07-0.1-0.090.470.0-0.32-0.37-0.260.450.540.570.080.040.540.210.080.0-0.160.21
-0.52-0.32-0.52-0.140.04-0.52-0.46-0.030.150.20.4-0.34-0.01-0.13-0.23-0.37-0.33-0.83-0.28-0.47-0.38-0.49-0.540.34-0.35
0.170.170.24-0.810.040.160.050.17-0.21-0.420.150.57-0.06-0.22-0.06-0.16-0.180.110.08-0.340.05-0.070.16-0.240.2
1.00.930.980.05-0.520.160.810.26-0.520.12-0.60.65-0.11-0.380.70.680.730.880.890.740.910.890.99-0.810.82
0.810.850.75-0.07-0.460.050.810.09-0.370.3-0.940.310.20.040.390.390.450.750.830.630.810.950.85-0.490.49
0.250.180.34-0.1-0.030.170.260.09-0.170.280.00.61-0.25-0.180.220.260.280.130.190.230.230.130.31-0.190.19
-0.5-0.61-0.54-0.090.15-0.21-0.52-0.37-0.17-0.110.17-0.440.510.33-0.45-0.54-0.45-0.47-0.33-0.42-0.45-0.35-0.460.51-0.51
0.090.230.070.470.2-0.420.120.30.28-0.11-0.45-0.28-0.25-0.010.120.210.32-0.040.220.310.340.340.150.020.0
-0.6-0.66-0.510.00.40.15-0.6-0.940.00.17-0.45-0.03-0.29-0.3-0.17-0.22-0.27-0.59-0.67-0.51-0.64-0.88-0.660.2-0.21
0.650.530.76-0.32-0.340.570.650.310.61-0.44-0.28-0.03-0.21-0.470.560.510.470.560.50.380.510.320.63-0.690.66
-0.07-0.1-0.17-0.37-0.01-0.06-0.110.2-0.250.51-0.25-0.29-0.210.4-0.32-0.54-0.35-0.080.12-0.11-0.110.11-0.040.25-0.27
-0.36-0.31-0.46-0.26-0.13-0.22-0.380.04-0.180.33-0.01-0.3-0.470.4-0.72-0.52-0.72-0.14-0.39-0.39-0.52-0.03-0.290.8-0.8
0.690.680.760.45-0.23-0.060.70.390.22-0.450.12-0.170.56-0.32-0.720.920.920.560.720.830.780.470.64-0.860.87
0.660.650.730.54-0.37-0.160.680.390.26-0.540.21-0.220.51-0.54-0.520.920.870.630.60.820.70.490.62-0.720.74
0.70.640.770.57-0.33-0.180.730.450.28-0.450.32-0.270.47-0.35-0.720.920.870.590.70.890.850.550.67-0.870.89
0.880.790.860.08-0.830.110.880.750.13-0.47-0.04-0.590.56-0.08-0.140.560.630.590.710.70.740.80.88-0.670.68
0.890.920.860.04-0.280.080.890.830.19-0.330.22-0.670.50.12-0.390.720.60.70.710.760.920.860.9-0.770.77
0.730.710.750.54-0.47-0.340.740.630.23-0.420.31-0.510.38-0.11-0.390.830.820.890.70.760.820.70.72-0.720.73
0.90.880.910.21-0.380.050.910.810.23-0.450.34-0.640.51-0.11-0.520.780.70.850.740.920.820.850.9-0.860.86
0.890.880.810.08-0.49-0.070.890.950.13-0.350.34-0.880.320.11-0.030.470.490.550.80.860.70.850.92-0.530.55
0.990.920.960.0-0.540.160.990.850.31-0.460.15-0.660.63-0.04-0.290.640.620.670.880.90.720.90.92-0.750.76
-0.79-0.73-0.86-0.160.34-0.24-0.81-0.49-0.190.510.020.2-0.690.250.8-0.86-0.72-0.87-0.67-0.77-0.72-0.86-0.53-0.75-1.0
0.810.740.860.21-0.350.20.820.490.19-0.510.0-0.210.66-0.27-0.80.870.740.890.680.770.730.860.550.76-1.0
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Manulife Financial Account Relationship Matchups

Manulife Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets809.1B880.3B917.6B848.9B875.6B467.4B
Short Long Term Debt Total11.7B14.0B11.9B12.4B12.7B8.0B
Total Stockholder Equity48.9B51.6B57.2B54.7B47.3B32.6B
Property Plant And Equipment Net381M1.9B1.8B1.9B241.3B253.3B
Net Debt(8.6B)(12.2B)(10.7B)(6.8B)(7.6B)(8.0B)
Non Currrent Assets Other(5.0B)(6.7B)(7.1B)(8.6B)(248.0B)(235.6B)
Other Assets556.5B600.4B631.6B590.4B607.2B352.4B
Common Stock Shares Outstanding2.0B1.9B1.9B1.9B1.8B1.8B
Liabilities And Stockholders Equity809.1B880.3B917.6B848.9B875.6B467.4B
Non Current Liabilities Total13.6B16.6B14.6B792.6B13.8B13.1B
Other Stockholder Equity11M(523M)(971M)(1.1B)479M951.9M
Total Liab13.6B16.6B14.6B792.6B826.8B868.2B
Retained Earnings15.5B18.9B23.5B27.0B4.8B4.6B
Other Current Liab4.2B4.9B5.6B(615M)(594M)(564.3M)
Total Current Liabilities15.8B16.4B17.7B615M594M564.3M
Other Liab739.0B783.6B846.9B750.7B863.3B906.4B
Net Tangible Assets35.1B37.8B40.9B41.7B48.0B50.3B
Accounts Payable10.8B11.5B12.1B13.6B15.7B16.5B
Cash20.3B26.2B22.6B19.2B20.3B15.7B
Long Term Debt11.7B14.0B11.9B12.4B12.1B9.0B
Net Receivables1.4B1.4B1.3B1.4B1.7B1.7B
Good Will5.7B5.7B5.7B6.0B5.9B5.3B
Common Stock Total Equity23.0B23.0B23.1B23.0B26.5B17.4B
Short Term Investments156.7B170.2B169.8B176.0B167.7B89.6B
Inventory(24.7B)(31.1B)(27.2B)(22.5B)(20.2B)(19.2B)
Other Current Assets24.7B31.1B27.2B22.5B23.2B19.5B
Long Term Investments221.0B242.4B252.2B227.4B237.7B249.6B
Total Current Assets21.7B27.6B23.9B20.6B20.3B19.4B
Accumulated Other Comprehensive Income6.4B6.3B5.2B(25M)13.8B14.5B
Intangible Assets4.2B4.2B4.3B4.5B4.4B3.1B
Common Stock23.1B23.0B23.1B22.2B21.5B18.3B
Property Plant Equipment1.9B1.9B1.8B1.9B2.2B2.3B
Non Current Assets Total230.9B252.4B262.1B237.9B248.0B173.7B
Cash And Short Term Investments20.3B26.2B22.6B19.2B20.3B17.0B
Long Term Debt Total12.1B14.0B11.9B12.4B14.2B13.7B

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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 census.
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Manulife Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Manulife Financial. If investors know Manulife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Manulife Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
1.495
Earnings Share
1.7
Revenue Per Share
15.09
Quarterly Revenue Growth
0.027
The market value of Manulife Financial Corp is measured differently than its book value, which is the value of Manulife that is recorded on the company's balance sheet. Investors also form their own opinion of Manulife Financial's value that differs from its market value or its book value, called intrinsic value, which is Manulife Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Manulife Financial's market value can be influenced by many factors that don't directly affect Manulife Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.