Manulife Property Plant And Equipment Net vs Short Term Investments Analysis
MFC Stock | USD 30.69 0.15 0.49% |
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 Property Plant And Equipment Net and its Short Term Investments 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 census.
Property Plant And Equipment Net vs Short Term Investments
Property Plant And Equipment Net vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have pay attention.
The correlation between Manulife Financial's Property Plant And Equipment Net and Short Term Investments is -0.71. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Manulife Financial Corp are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Manulife Financial's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.71 |
Relationship Direction | Negative |
Relationship Strength | Weak |
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.Short Term Investments
Short Term Investments is an item under the current assets section of Manulife Financial balance sheet. It contains any investments Manulife Financial Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Manulife Financial Corp can easily liquidate in the marketplace.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 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.
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 | 12.7B | 15.0B | 11.9B | 13.0B | 12.7B | 8.1B | |
Total Stockholder Equity | 48.9B | 51.6B | 57.2B | 54.7B | 47.3B | 32.6B | |
Property Plant And Equipment Net | 381M | 1.9B | 1.8B | 1.9B | 241.3B | 253.3B | |
Net Debt | (8.6B) | (12.2B) | (10.7B) | (6.8B) | (1.4B) | (1.5B) | |
Non Currrent Assets Other | (5.0B) | (6.7B) | (7.1B) | (8.6B) | 561.8B | 589.9B | |
Other Assets | 556.5B | 600.4B | 631.6B | 590.4B | 22.3B | 21.2B | |
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 | 875.6B | 467.4B | |
Non Current Liabilities Total | 13.6B | 16.6B | 14.6B | 792.6B | 826.1B | 867.4B | |
Other Stockholder Equity | 11M | (523M) | 23.8B | (1.1B) | 479M | 455.1M | |
Total Liab | 13.6B | 16.6B | 14.6B | 792.6B | 826.8B | 868.2B | |
Retained Earnings | 15.5B | 18.9B | 23.5B | 27.0B | 4.8B | 4.6B | |
Other Current Liab | 4.2B | 4.9B | 5.3B | (615M) | (741M) | (704.0M) | |
Total Current Liabilities | 15.8B | 16.4B | 17.7B | 615M | 741M | 704.0M | |
Other Liab | 739.0B | 783.6B | 846.9B | 750.7B | 863.3B | 906.4B | |
Net Tangible Assets | 35.1B | 37.8B | 40.9B | 41.7B | 48.0B | 50.3B | |
Accounts Payable | 10.8B | 11.5B | 12.1B | 13.6B | 15.7B | 16.5B | |
Cash | 20.3B | 26.2B | 22.6B | 19.2B | 14.2B | 15.4B | |
Long Term Debt | 11.7B | 14.0B | 11.9B | 12.4B | 12.1B | 9.0B | |
Net Receivables | 1.4B | 1.4B | 1.3B | 1.4B | 1.7B | 1.7B | |
Good Will | 5.7B | 5.7B | 5.7B | 6.0B | 5.9B | 5.3B | |
Common Stock Total Equity | 23.0B | 23.0B | 23.1B | 23.0B | 26.5B | 17.4B | |
Short Term Investments | 156.7B | 170.2B | 169.8B | 176.0B | 6.2B | 5.9B | |
Inventory | (24.7B) | (31.1B) | (27.2B) | (22.5B) | (20.2B) | (19.2B) | |
Other Current Assets | 24.7B | 31.1B | 27.2B | 22.5B | 23.2B | 19.5B | |
Long Term Investments | 221.0B | 242.4B | 252.2B | 227.4B | 237.7B | 249.6B | |
Total Current Assets | 21.7B | 27.6B | 23.9B | 20.6B | 43.5B | 45.7B | |
Accumulated Other Comprehensive Income | 6.4B | 6.3B | 5.2B | (25M) | 13.8B | 14.5B | |
Intangible Assets | 4.2B | 4.2B | 4.3B | 4.5B | 4.4B | 3.1B | |
Common Stock | 23.1B | 23.0B | 23.1B | 22.2B | 21.5B | 18.3B | |
Property Plant Equipment | 1.9B | 1.9B | 1.8B | 1.9B | 2.2B | 2.3B | |
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 | |
Long Term Debt Total | 12.1B | 14.0B | 11.9B | 12.4B | 14.2B | 13.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 census. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Life & Health Insurance space 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 0.923 | Dividend Share 1.565 | Earnings Share 1.96 | Revenue Per Share 16.758 | Quarterly Revenue Growth 0.195 |
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.