Manulife Financial Corp (MFC) — Cash Flow-to-Debt Ratio
Manulife Financial Corp (MFC) has a Cash Flow-to-Debt Ratio of 0.01x as of December 2025, meaning its operating cash flow of CA$8.61 Billion could theoretically repay 0% of its total liabilities (CA$972.95 Billion) in one year. See cash generation quality of Manulife Financial Corp to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Manulife Financial Corp Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Manulife Financial Corp across 28 annual periods. Also explore how fast is Manulife Financial Corp growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Manulife Financial Corp (1998–2025)
Year-by-year debt coverage analysis for Manulife Financial Corp. For market capitalisation and broader financial context, see Manulife Financial Corp market cap and net worth.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.03x | CA$32.10 Billion | CA$972.95 Billion | ▲ +15.3% |
| 2024 | 0.03x | CA$26.49 Billion | CA$925.86 Billion | ▲ +15.9% |
| 2023 | 0.02x | CA$20.42 Billion | CA$826.85 Billion | ▲ +17.7% |
| 2022 | 0.02x | CA$16.63 Billion | CA$792.56 Billion | ▼ -22.2% |
| 2021 | 0.03x | CA$23.16 Billion | CA$858.77 Billion | ▲ +11.3% |
| 2020 | 0.02x | CA$20.05 Billion | CA$827.34 Billion | ▼ -98.4% |
| 2019 | 1.51x | CA$20.54 Billion | CA$13.63 Billion | ▲ +5420.6% |
| 2018 | 0.03x | CA$19.19 Billion | CA$703.12 Billion | ▲ +5.4% |
| 2017 | 0.03x | CA$17.79 Billion | CA$687.37 Billion | ▲ +3.1% |
| 2016 | 0.03x | CA$17.02 Billion | CA$677.86 Billion | ▲ +60.4% |
| 2015 | 0.02x | CA$10.37 Billion | CA$662.71 Billion | ▼ -21.0% |
| 2014 | 0.02x | CA$10.81 Billion | CA$545.48 Billion | ▲ +1.0% |
| 2013 | 0.02x | CA$9.50 Billion | CA$484.60 Billion | ▼ -16.4% |
| 2012 | 0.02x | CA$10.79 Billion | CA$459.96 Billion | ▼ -5.6% |
| 2011 | 0.02x | CA$10.87 Billion | CA$437.22 Billion | ▼ -59.0% |
| 2010 | 0.06x | CA$11.56 Billion | CA$190.80 Billion | ▼ -11.2% |
| 2009 | 0.07x | CA$12.02 Billion | CA$176.23 Billion | ▲ +58.1% |
| 2008 | 0.04x | CA$7.92 Billion | CA$183.57 Billion | ▼ -8.4% |
| 2007 | 0.05x | CA$7.16 Billion | CA$151.98 Billion | ▲ +13.1% |
| 2006 | 0.04x | CA$6.68 Billion | CA$160.31 Billion | ▼ -11.1% |
| 2005 | 0.05x | CA$7.40 Billion | CA$157.84 Billion | ▲ +36.8% |
| 2004 | 0.03x | CA$5.47 Billion | CA$159.76 Billion | ▼ -13.5% |
| 2003 | 0.04x | CA$2.66 Billion | CA$67.22 Billion | ▲ +32.1% |
| 2002 | 0.03x | CA$2.14 Billion | CA$71.39 Billion | ▲ +171.4% |
| 2001 | -0.04x | CA$-2.91 Billion | CA$69.26 Billion | ▼ -214.0% |
| 2000 | 0.04x | CA$1.91 Billion | CA$51.88 Billion | ▼ -38.0% |
| 1999 | 0.06x | CA$2.91 Billion | CA$48.92 Billion | ▲ +25008.3% |
| 1998 | 0.00x | CA$-10.91 Million | CA$45.69 Billion | — |