Manulife Historical Balance Sheet
MFC Stock | CAD 44.70 0.67 1.48% |
Trend analysis of Manulife Financial Corp balance sheet accounts such as Property Plant And Equipment Net of 708 B provides information on Manulife Financial's total assets, liabilities, and equity, which is the actual value of Manulife Financial Corp to its prevalent stockholders. By breaking down trends over time using Manulife Financial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Manulife Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Manulife Financial Corp is a good buy for the upcoming year.
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About Manulife Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Manulife Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Manulife Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Manulife Financial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Manulife currently owns. An asset can also be divided into two categories, current and non-current.
Manulife Financial Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Manulife Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Manulife Financial Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Most accounts from Manulife Financial's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Non Current Assets Total are very stable compared to the past year. As of the 26th of November 2024, Total Current Assets is likely to grow to about 25.9 B, while Total Assets are likely to drop about 465.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 11.9B | 12.4B | 12.7B | 8.0B | Total Assets | 917.6B | 848.9B | 832.9B | 465.6B |
Manulife Financial balance sheet Correlations
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Manulife Financial Account Relationship Matchups
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Manulife Financial balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 809.1B | 880.3B | 917.6B | 848.9B | 832.9B | 465.6B | |
Short Long Term Debt Total | 12.7B | 14.0B | 11.9B | 12.4B | 12.7B | 8.0B | |
Total Stockholder Equity | 48.9B | 51.6B | 57.2B | 54.7B | 47.0B | 32.6B | |
Property Plant And Equipment Net | 381M | 1.9B | 1.8B | 1.9B | 674.3B | 708.0B | |
Net Debt | (8.6B) | (12.2B) | (10.7B) | (6.8B) | (1.4B) | (1.5B) | |
Non Currrent Assets Other | (230.9B) | (6.7B) | (7.1B) | (8.6B) | 12.4B | 13.1B | |
Other Assets | 556.5B | 600.4B | 631.6B | 590.4B | 679.0B | 712.9B | |
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 | 832.9B | 465.5B | |
Non Current Liabilities Total | 13.6B | 16.6B | 14.6B | 792.6B | 416.1B | 257.7B | |
Other Stockholder Equity | 22M | (523M) | (971M) | (1.1B) | 222M | 210.9M | |
Total Liab | 13.6B | 16.6B | 14.6B | 792.6B | 784.2B | 823.4B | |
Retained Earnings | 15.5B | 18.9B | 23.5B | 27.0B | 4.8B | 4.6B | |
Total Current Liabilities | 649M | 16.4B | 17.7B | 355.0B | 368.1B | 386.6B | |
Cash | 20.3B | 26.2B | 22.6B | 19.2B | 14.2B | 15.7B | |
Non Current Assets Total | 230.9B | 252.4B | 262.1B | 237.9B | 809.8B | 850.3B | |
Cash And Short Term Investments | 20.3B | 26.2B | 22.6B | 19.2B | 20.3B | 17.0B | |
Common Stock Total Equity | 23.0B | 23.0B | 23.1B | 23.0B | 26.5B | 18.1B | |
Short Term Investments | 156.7B | 170.2B | 169.8B | 176.0B | 6.2B | 5.9B | |
Total Current Assets | 21.7B | 27.6B | 23.9B | 20.6B | 23.2B | 25.9B | |
Short Term Debt | 400M | 0.0 | 649M | 615M | 594M | 564.3M | |
Common Stock | 23.1B | 23.0B | 23.1B | 22.2B | 21.5B | 18.9B | |
Good Will | 5.7B | 5.7B | 5.7B | 6.0B | 5.9B | 5.8B | |
Other Current Liab | 16.9B | 4.9B | 5.6B | 354.8B | 367.5B | 385.9B | |
Intangible Assets | 4.2B | 4.2B | 4.3B | 4.5B | 4.4B | 3.6B | |
Accumulated Other Comprehensive Income | 6.4B | 6.3B | 5.2B | (25M) | 13.8B | 14.5B | |
Net Receivables | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | 1.2B | |
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 | 31.1B | 27.2B | 22.5B | 23.2B | 23.8B | |
Long Term Investments | 221.0B | 242.4B | 252.2B | 227.4B | 237.7B | 234.3B | |
Property Plant Equipment | 1.9B | 1.9B | 1.8B | 1.9B | 2.2B | 1.8B | |
Accounts Payable | 10.8B | 11.5B | 12.1B | 13.6B | 15.7B | 11.9B | |
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 | |
Inventory | (24.7B) | (31.1B) | (27.2B) | (22.5B) | (20.2B) | (21.2B) |
Pair Trading with Manulife Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Stock
The ability to find closely correlated positions to Manulife Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Financial Corp to buy it.
The correlation of Manulife Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.