Manulife Net Debt vs Cash 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 Net Debt and its Cash 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.

Net Debt vs Cash

Net Debt vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Net Debt account and Cash. At this time, the significance of the direction appears to have pay attention.
The correlation between Manulife Financial's Net Debt and Cash is -0.83. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Cash 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 Debt and Cash 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 Debt of Manulife Financial Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Debt i.e., Manulife Financial's Net Debt and Cash go up and down completely randomly.

Correlation Coefficient

-0.83
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

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.
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
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 Total11.7B14.0B11.9B12.4B12.7B8.0B
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

Manulife Financial Investors Sentiment

The influence of Manulife Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Manulife. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Manulife Financial's public news can be used to forecast risks associated with an investment in Manulife. The trend in average sentiment can be used to explain how an investor holding Manulife can time the market purely based on public headlines and social activities around Manulife Financial Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Manulife Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Manulife Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Manulife Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Manulife Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Manulife Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Manulife Financial's short interest history, or implied volatility extrapolated from Manulife Financial options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Manulife Stock analysis

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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
CEOs Directory
Screen CEOs from public companies around the world
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
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.