Manulife Financial Corp (MFC) — Net Asset Quality Index

Latest as of December 2025: 5.1%

Manulife Financial Corp (MFC) has a Net Asset Quality Index of 5.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.03 Trillion minus total liabilities of CA$972.95 Billion yields net assets of CA$52.49 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Manulife Financial Corp fund operations to measure how many days the company can operate on defensive assets alone.

Quality Index

5.1%
Equity / Total Assets

Net Assets

CA$52.49 Billion
CAD

Total Assets

CA$1.03 Trillion
CAD

Total Liabilities

CA$972.95 Billion
CAD

Manulife Financial Corp Net Asset Quality Index Over Time (1998–2025)

This chart shows how Manulife Financial Corp's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the index stands at 5.1%, representing net assets of CA$52.49 Billion against total assets of CA$1.03 Trillion CAD. Explore Manulife Financial Corp (MFC) cash flow conversion to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Manulife Financial Corp (1998–2025)

The table below presents the year-by-year Net Asset Quality Index for Manulife Financial Corp from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see how much is Manulife Financial Corp worth.

Year Quality Index Net Assets (CAD) Total Assets Total Liabilities Change (pp)
2025 5.1% CA$52.49 Billion CA$1.03 Trillion CA$972.95 Billion ▼ -0.3 pp
2024 5.4% CA$52.96 Billion CA$978.82 Billion CA$925.86 Billion ▼ -0.2 pp
2023 5.6% CA$48.73 Billion CA$875.57 Billion CA$826.85 Billion ▼ -1.1 pp
2022 6.6% CA$56.38 Billion CA$848.94 Billion CA$792.56 Billion ▲ +0.2 pp
2021 6.4% CA$58.87 Billion CA$917.64 Billion CA$858.77 Billion ▲ +0.4 pp
2020 6.0% CA$53.01 Billion CA$880.35 Billion CA$827.34 Billion ▼ -92.3 pp
2019 98.3% CA$795.50 Billion CA$809.13 Billion CA$13.63 Billion ▲ +92.0 pp
2018 6.3% CA$47.15 Billion CA$750.27 Billion CA$703.12 Billion ▲ +0.5 pp
2017 5.8% CA$42.16 Billion CA$729.53 Billion CA$687.37 Billion ▼ -0.2 pp
2016 5.9% CA$42.82 Billion CA$720.68 Billion CA$677.86 Billion ▼ 0.0 pp
2015 6.0% CA$41.94 Billion CA$704.64 Billion CA$662.71 Billion ▲ +0.1 pp
2014 5.9% CA$33.93 Billion CA$579.41 Billion CA$545.48 Billion ▲ +0.2 pp
2013 5.7% CA$29.03 Billion CA$513.63 Billion CA$484.60 Billion ▲ +0.3 pp
2012 5.4% CA$26.10 Billion CA$486.06 Billion CA$459.96 Billion ▼ 0.0 pp
2011 5.4% CA$24.88 Billion CA$462.10 Billion CA$437.22 Billion ▼ -7.0 pp
2010 12.3% CA$26.87 Billion CA$217.67 Billion CA$190.80 Billion ▼ -1.7 pp
2009 14.1% CA$28.91 Billion CA$205.14 Billion CA$176.23 Billion ▲ +1.1 pp
2008 13.0% CA$27.45 Billion CA$211.03 Billion CA$183.57 Billion ▼ -0.9 pp
2007 13.9% CA$24.48 Billion CA$176.46 Billion CA$151.98 Billion ▼ 0.0 pp
2006 13.9% CA$25.86 Billion CA$186.17 Billion CA$160.31 Billion ▲ +0.7 pp
2005 13.2% CA$23.97 Billion CA$181.81 Billion CA$157.84 Billion ▼ -0.1 pp
2004 13.3% CA$24.49 Billion CA$184.25 Billion CA$159.76 Billion ▲ +0.0 pp
2003 13.3% CA$10.29 Billion CA$77.52 Billion CA$67.22 Billion ▲ +1.2 pp
2002 12.1% CA$9.81 Billion CA$81.19 Billion CA$71.39 Billion ▲ +0.2 pp
2001 11.9% CA$9.36 Billion CA$78.61 Billion CA$69.26 Billion ▼ -1.9 pp
2000 13.8% CA$8.28 Billion CA$60.16 Billion CA$51.88 Billion ▼ -0.2 pp
1999 14.0% CA$7.96 Billion CA$56.89 Billion CA$48.92 Billion ▲ +1.0 pp
1998 13.0% CA$6.81 Billion CA$52.50 Billion CA$45.69 Billion
pp = percentage points