Manulife Total Revenue vs Operating Income Analysis
MFC Stock | USD 31.79 0.50 1.55% |
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 Total Revenue and its Operating 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 closely tied with the direction of predictive economic indicators such as signals in census.
Total Revenue vs Operating Income
Total Revenue vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Manulife Financial Corp Total Revenue account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Manulife Financial's Total Revenue and Operating Income is -0.41. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating 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 Total Revenue and Operating 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 Total Revenue of Manulife Financial Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Manulife Financial's Total Revenue and Operating Income go up and down completely randomly.
Correlation Coefficient | -0.41 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Revenue
Total revenue comprises all receipts Manulife Financial Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Operating Income
Operating Income is the amount of profit realized from Manulife Financial Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Manulife Financial Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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. The current year's Enterprise Value Over EBITDA is expected to grow to 18.13, whereas Tax Provision is forecasted to decline to about 836.2 M.
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) | (7.6B) | (8.0B) | |
Non Currrent Assets Other | (5.0B) | (6.7B) | (7.1B) | (8.6B) | (248.0B) | (235.6B) | |
Other Assets | 556.5B | 600.4B | 631.6B | 590.4B | 607.2B | 352.4B | |
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 | 13.8B | 13.1B | |
Other Stockholder Equity | 11M | (523M) | (971M) | (1.1B) | 479M | 951.9M | |
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 | 5.6B | (615M) | (594M) | (564.3M) | |
Total Current Liabilities | 15.8B | 16.4B | 17.7B | 615M | 594M | 564.3M | |
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 | 20.3B | 15.7B | |
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 | 167.7B | 89.6B | |
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 | 20.3B | 19.4B | |
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 | 248.0B | 173.7B | |
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 2.02 | 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.