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Manulife Financial (Manulife Financial) Equity-to-Asset

: 0.05 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Manulife Financial's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $35,253.43 Mil. Manulife Financial's Total Assets for the quarter that ended in Dec. 2023 was $652,634.17 Mil. Therefore, Manulife Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

The historical rank and industry rank for Manulife Financial's Equity-to-Asset or its related term are showing as below:

MNLCF.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Manulife Financial was 0.06. The lowest was 0.05. And the median was 0.06.

MNLCF.PFD's Equity-to-Asset is ranked worse than
88.21% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs MNLCF.PFD: 0.05

Manulife Financial Equity-to-Asset Historical Data

The historical data trend for Manulife Financial's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manulife Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.05 0.06 0.05

Manulife Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.05 0.06 0.05

Competitive Comparison

For the Insurance - Life subindustry, Manulife Financial's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manulife Financial Equity-to-Asset Distribution

For the Insurance industry and Financial Services sector, Manulife Financial's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Manulife Financial's Equity-to-Asset falls into.



Manulife Financial Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Manulife Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=35253.429/652634.168
=0.05

Manulife Financial's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=35253.429/652634.168
=0.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Manulife Financial  (OTCPK:MNLCF.PFD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Manulife Financial Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Manulife Financial's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Manulife Financial (Manulife Financial) Business Description

Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.