Manulife Financial (TSX:MFC) Interest Expense : C$-1,681 Mil (TTM As of Dec. 2024)

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What is Manulife Financial Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manulife Financial's interest expense for the three months ended in Dec. 2024 was C$ -420 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-1,681 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Manulife Financial's Operating Income for the three months ended in Dec. 2024 was C$ 2,533 Mil. Manulife Financial's Interest Expense for the three months ended in Dec. 2024 was C$ -420 Mil. Manulife Financial's Interest Coverage for the quarter that ended in Dec. 2024 was 6.03. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manulife Financial Interest Expense Historical Data

The historical data trend for Manulife Financial's Interest Expense 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.

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Manulife Financial Interest Expense Chart

Manulife Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-1,181.00

-1,011.00

-1,051.00

-1,554.00

-1,681.00

Manulife Financial Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-390.00	-424.00	-426.00	-411.00	-420.00

Manulife Financial Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1,681 Mil.

Manulife Financial (TSX:MFC) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Manulife Financial's Interest Expense for the three months ended in Dec. 2024 was C$-420 Mil. Its EBIT for the three months ended in Dec. 2024 was C$2,533 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$14,161 Mil.

Manulife Financial's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	2533	/	-420
	=	6.03

The higher the ratio, the stronger the company's financial strength is.

Manulife Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Manulife Financial Corp (TSX:MFC) » Definitions » Interest Expense

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Traded in Other Exchanges

MNLCF.PFD:USA MFC:USA MFC:Philippines 00945:Hong Kong 0V5H:UK MLU:Germany MLU:Germany MFC.PR.Q.PFD:Canada MFC.PR.P.PFD:Canada MFC.PR.N.PFD:Canada MFC.PR.M.PFD:Canada MFC.PR.L.PFD:Canada MFC.PR.K.PFD:Canada MFC.PR.J.PFD:Canada MFC.PR.I.PFD:Canada MFC.PR.F.PFD:Canada MFC.PR.C.PFD:Canada MFC.PR.B.PFD:Canada

Address

200 Bloor Street East, Toronto, ON, CAN, M4W 1E5

Website

https://www.manulife.com

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 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% 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 23% of earnings.

Executives

Kenneth Michael Ross	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Anthony Alex Silva	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Paul Lorentz	Senior Officer
James D. Gallagher	Senior Officer
Steve Finch	Senior Officer
Rahim Hirji	Senior Officer
Brooks Tingle	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Rocco Gori	Director, Senior Officer
Philip James Witherington	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Trevor Kreel	Senior Officer
Tin Ku	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Scott Hartz	Senior Officer
Damien Allen Green	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Donald Richard Lindsay	Director
Marianne Harrison	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer