Manulife Financial Corp (MFC) - Total Liabilities

Latest as of December 2025: CA$972.95 Billion CAD ≈ $703.81 Billion USD

Based on the latest financial reports, Manulife Financial Corp (MFC) has total liabilities worth CA$972.95 Billion CAD (≈ $703.81 Billion USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore long-term investment intensity of Manulife Financial Corp to see how much of total assets are deployed in long-term investments.

Manulife Financial Corp - Total Liabilities Trend (1998–2025)

This chart illustrates how Manulife Financial Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Manulife Financial Corp (MFC) total assets.

Manulife Financial Corp Competitors by Total Liabilities

The table below lists competitors of Manulife Financial Corp ranked by their total liabilities.

Company	Country	Total Liabilities
Natwest Group PLC NYSE:NWG	USA	$701.54 Billion
Illinois Tool Works Inc NYSE:ITW	USA	$13.60 Billion
United Parcel Service Inc NYSE:UPS	USA	$56.17 Billion
Schlumberger NV NYSE:SLB	USA	$28.28 Billion
Norfolk Southern Corporation NYSE:NSC	USA	$29.69 Billion
Infineon Technologies AG F:IFXA	Germany	€13.64 Billion
Eni SpA ADR NYSE:E	USA	$90.08 Billion
Northrop Grumman Corporation NYSE:NOC	USA	$32.89 Billion

Liability Composition Analysis (1998–2025)

This chart breaks down Manulife Financial Corp's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See MFC equity to assets ratio to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.12	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	0.62	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	19.09	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.95	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Manulife Financial Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Manulife Financial Corp (1998–2025)

The table below shows the annual total liabilities of Manulife Financial Corp from 1998 to 2025.

Year	Total Liabilities	Change
2025-12-31	CA$972.95 Billion ≈ $703.81 Billion	+5.09%
2024-12-31	CA$925.86 Billion ≈ $669.75 Billion	+11.97%
2023-12-31	CA$826.85 Billion ≈ $598.13 Billion	+4.33%
2022-12-31	CA$792.56 Billion ≈ $573.33 Billion	-7.71%
2021-12-31	CA$858.77 Billion ≈ $621.22 Billion	+3.80%
2020-12-31	CA$827.34 Billion ≈ $598.49 Billion	+5967.79%
2019-12-31	CA$13.63 Billion ≈ $9.86 Billion	-98.06%
2018-12-31	CA$703.12 Billion ≈ $508.63 Billion	+2.29%
2017-12-31	CA$687.37 Billion ≈ $497.23 Billion	+1.40%
2016-12-31	CA$677.86 Billion ≈ $490.35 Billion	+2.29%
2015-12-31	CA$662.71 Billion ≈ $479.39 Billion	+21.49%
2014-12-31	CA$545.48 Billion ≈ $394.59 Billion	+12.56%
2013-12-31	CA$484.60 Billion ≈ $350.55 Billion	+5.36%
2012-12-31	CA$459.96 Billion ≈ $332.73 Billion	+5.20%
2011-12-31	CA$437.22 Billion ≈ $316.28 Billion	+129.15%
2010-12-31	CA$190.80 Billion ≈ $138.02 Billion	+8.27%
2009-12-31	CA$176.23 Billion ≈ $127.48 Billion	-4.00%
2008-12-31	CA$183.57 Billion ≈ $132.79 Billion	+20.79%
2007-12-31	CA$151.98 Billion ≈ $109.94 Billion	-5.20%
2006-12-31	CA$160.31 Billion ≈ $115.97 Billion	+1.57%
2005-12-31	CA$157.84 Billion ≈ $114.18 Billion	-1.20%
2004-12-31	CA$159.76 Billion ≈ $115.57 Billion	+137.66%
2003-12-31	CA$67.22 Billion ≈ $48.63 Billion	-5.84%
2002-12-31	CA$71.39 Billion ≈ $51.64 Billion	+3.08%
2001-12-31	CA$69.26 Billion ≈ $50.10 Billion	+33.49%
2000-12-31	CA$51.88 Billion ≈ $37.53 Billion	+6.05%
1999-12-31	CA$48.92 Billion ≈ $35.39 Billion	+7.07%
1998-12-31	CA$45.69 Billion ≈ $33.05 Billion	--

About Manulife Financial Corp

TO:MFC Canada Insurance - Life

Market Cap

$74.87 Billion

CA$103.51 Billion CAD

Market Cap Rank

#371 Global

#13 in Canada

Share Price

CA$61.73

Change (1 day)

+0.83%

52-Week Range

CA$42.77 - CA$62.98

All Time High

CA$62.98