Manulife Net Income From Continuing Ops vs Net Income Analysis

MFC Stock  USD 23.47  0.10  0.43%   
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 Income From Continuing Ops and its Net Income 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 Income From Continuing Ops vs Net Income

Net Income From Continuing Ops vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Net Income From Continuing Ops account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Manulife Financial's Net Income From Continuing Ops and Net Income is 0.92. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Net Income 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 Income From Continuing Ops and Net Income 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 Income From Continuing Ops of Manulife Financial Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Income From Continuing Ops i.e., Manulife Financial's Net Income From Continuing Ops and Net Income go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Income From Continuing Ops

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Manulife Financial Corp financial statement analysis. It represents the amount of money remaining after all of Manulife Financial Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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

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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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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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
0.961
Dividend Share
1.46
Earnings Share
1.9
Revenue Per Share
14.856
Quarterly Revenue Growth
3.903
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.