Sun Financial Statements From 2010 to 2024

SLF Stock  CAD 86.13  0.60  0.70%   
Sun Life financial statements provide useful quarterly and yearly information to potential Sun Life Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sun Life financial statements helps investors assess Sun Life's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sun Life's valuation are summarized below:
Gross Profit
14.5 B
Profit Margin
0.1118
Market Capitalization
49.6 B
Enterprise Value Revenue
0.9954
Revenue
32.6 B
We have found one hundred twenty available fundamental trend indicators for Sun Life Financial, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Sun Life's current fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 26th of November 2024, Market Cap is likely to drop to about 11.6 B. In addition to that, Enterprise Value is likely to drop to about 9.2 B

Sun Life Total Revenue

25.22 Billion

Check Sun Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.9 M, Interest Expense of 315.1 M or Total Revenue of 25.2 B, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0275 or PTB Ratio of 1.06. Sun financial statements analysis is a perfect complement when working with Sun Life Valuation or Volatility modules.
  
This module can also supplement various Sun Life Technical models . Check out the analysis of Sun Life Correlation against competitors.

Sun Life Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets220.3 B333.2 B257.1 B
Slightly volatile
Short and Long Term Debt Total6.8 B13.3 B8.3 B
Slightly volatile
Total Stockholder Equity19.6 B23.6 B20.6 B
Slightly volatile
Other Assets144.6 B192.8 B182.5 B
Slightly volatile
Common Stock Shares Outstanding622.1 M677.4 M595.6 M
Slightly volatile
Liabilities And Stockholders Equity220.2 B333.2 B256.9 B
Slightly volatile
Non Current Liabilities Total10.7 B11.2 B6.3 B
Slightly volatile
Total Liabilities200.1 B309 B235.9 B
Slightly volatile
Non Current Assets Total83.4 B110.6 B86.3 B
Slightly volatile
Cash And Short Term Investments28.9 B27.5 B12.1 B
Slightly volatile
Short Term Investments17.1 B16.3 B5.5 B
Slightly volatile
Total Current Assets22.2 B29.9 B28.4 B
Pretty Stable
Cash7.8 B11.2 B7.6 B
Slightly volatile
Good Will6.2 BB5.6 B
Slightly volatile
Intangible Assets5.4 B5.2 B2.3 B
Slightly volatile
Property Plant And Equipment Net1.1 B1.5 B1.1 B
Very volatile
Retained Earnings11.6 B12.2 B10.5 B
Slightly volatile
Property Plant And Equipment Gross1.1 B1.3 B1.1 B
Very volatile
Short Term Debt1.5 B2.3 B839.1 M
Pretty Stable
Total Current Liabilities3.9 B4.8 B3.7 B
Slightly volatile
Accounts Payable2.4 B2.5 B2.2 B
Pretty Stable
Net Receivables2.3 B2.4 B2.1 B
Slightly volatile
Common Stock Total Equity9.1 B9.5 B8.4 B
Slightly volatile
Common Stock10.1 B8.3 B9.1 B
Slightly volatile
Other Liabilities259.4 B316.5 B229.4 B
Slightly volatile
Net Tangible Assets14.9 B15.7 B13.1 B
Slightly volatile
Long Term Debt8.9 B10 B8.1 B
Slightly volatile
Other Current Assets20.7 B19.7 B7.1 B
Slightly volatile
Long Term Investments75.5 B95 B58 B
Slightly volatile
Short and Long Term Debt1.9 B2.3 B3.7 B
Slightly volatile
Property Plant EquipmentB1.6 B917.7 M
Slightly volatile
Deferred Long Term Liabilities346.5 M370.3 M274.9 M
Slightly volatile
Long Term Debt Total9.8 B14.8 BB
Slightly volatile
Capital Surpluse82.2 M103.5 M76 M
Slightly volatile
Cash And Equivalents6.2 B7.3 B5.5 B
Slightly volatile
Net Invested Capital34.1 B33.6 B29.4 B
Slightly volatile
Capital Stock8.5 B10.6 B10.5 B
Slightly volatile
Capital Lease ObligationsB989 M911.8 M
Slightly volatile

Sun Life Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense315.1 M552 M344.6 M
Slightly volatile
Total Revenue25.2 B32.7 B26.1 B
Slightly volatile
Gross Profit25.2 B32.7 B26.1 B
Slightly volatile
Other Operating Expenses22.8 B28.7 B23.3 B
Slightly volatile
Selling General Administrative3.3 B5.9 B3.5 B
Slightly volatile
Selling And Marketing Expenses1.3 B1.4 B1.5 B
Slightly volatile
Net Income From Continuing Ops3.1 B3.5 B2.6 B
Slightly volatile
Cost Of Revenue23.5 B35.7 B22.6 B
Slightly volatile
Net Income Applicable To Common Shares2.6 B3.5 B2.2 B
Slightly volatile
Tax Provision587.2 M461 M559.1 M
Very volatile
Interest IncomeB4.3 B3.2 B
Slightly volatile
Reconciled Depreciation400.6 M607.2 M310.4 M
Slightly volatile

Sun Life Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow5.2 B9.4 B5.8 B
Slightly volatile
End Period Cash Flow6.6 B11.2 B6.4 B
Slightly volatile
Dividends Paid962.8 M1.9 B1.1 B
Slightly volatile
Stock Based Compensation518.5 M800 M511.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.841.30531.0569
Pretty Stable
Dividend Yield0.02750.04670.0375
Pretty Stable
PTB Ratio1.061.70771.2664
Slightly volatile
Days Sales Outstanding34.932.8531.1307
Pretty Stable
Book Value Per Share25.5841.296935.3508
Slightly volatile
Stock Based Compensation To Revenue0.01380.02590.0188
Pretty Stable
Capex To Depreciation0.150.28761.1572
Very volatile
PB Ratio1.061.70771.2664
Slightly volatile
EV To Sales0.891.37361.083
Very volatile
Sales General And Administrative To Revenue0.140.250.1404
Slightly volatile
Capex To Revenue0.00530.00560.016
Pretty Stable
Cash Per Share49.2546.904423.0688
Slightly volatile
Intangibles To Total Assets0.04040.04240.0284
Slightly volatile
Current Ratio5.273.23034.7166
Very volatile
Tangible Book Value Per Share17.2817.162123.5271
Slightly volatile
Receivables Turnover10.0611.512.1979
Very volatile
Graham Number35.7469.931252.0698
Slightly volatile
Shareholders Equity Per Share24.8240.242334.3162
Slightly volatile
Debt To Equity0.550.52110.3609
Slightly volatile
Capex Per Share0.50.29350.6482
Slightly volatile
Revenue Per Share32.2452.645142.6879
Slightly volatile
Interest Debt Per Share23.0121.911313.5411
Slightly volatile
Debt To Assets0.02220.03690.0272
Very volatile
Enterprise Value Over EBITDA14.538.34199.3704
Slightly volatile
Operating Cycle22.8525.727.9896
Slightly volatile
Price Book Value Ratio1.061.70771.2664
Slightly volatile
Ebt Per Ebit0.180.18851.0953
Slightly volatile
Effective Tax Rate0.120.11730.1923
Slightly volatile
Company Equity Multiplier9.214.131212.4833
Slightly volatile
Long Term Debt To Capitalization0.170.29690.243
Pretty Stable
Total Debt To Capitalization0.180.34260.2492
Very volatile
Debt Equity Ratio0.550.52110.3609
Slightly volatile
Quick Ratio6.163.23037.6865
Slightly volatile
Net Income Per E B T0.80.80530.7305
Slightly volatile
Cash Ratio1.151.20682.8307
Pretty Stable
Cash Conversion Cycle426479522
Slightly volatile
Days Of Sales Outstanding34.932.8531.1307
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.780.96940.9959
Slightly volatile
Price To Book Ratio1.061.70771.2664
Slightly volatile
Fixed Asset Turnover22.1321.261230.2226
Pretty Stable
Enterprise Value Multiple14.538.34199.3704
Slightly volatile
Debt Ratio0.02220.03690.0272
Very volatile
Price Sales Ratio0.841.30531.0569
Pretty Stable
Asset Turnover0.130.09260.1005
Slightly volatile
Gross Profit Margin0.850.951.0374
Slightly volatile
Price Fair Value1.061.70771.2664
Slightly volatile

Sun Life Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap11.6 B13.1 B14.3 B
Slightly volatile
Enterprise Value9.2 B11.2 B12 B
Slightly volatile

Sun Fundamental Market Drivers

Forward Price Earnings11.3895
Cash And Short Term Investments27.5 B

About Sun Life Financial Statements

Sun Life investors utilize fundamental indicators, such as revenue or net income, to predict how Sun Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue32.7 B25.2 B
Cost Of Revenue35.7 B23.5 B
Stock Based Compensation To Revenue 0.03  0.01 
Sales General And Administrative To Revenue 0.25  0.14 
Capex To Revenue 0.01  0.01 
Revenue Per Share 52.65  32.24 
Ebit Per Revenue 0.68  0.71 

Pair Trading with Sun Life

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sun Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sun Life will appreciate offsetting losses from the drop in the long position's value.

Moving against Sun Stock

  0.81VCM Vecima NetworksPairCorr
The ability to find closely correlated positions to Sun Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sun Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sun Life Financial to buy it.
The correlation of Sun Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sun Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Life Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sun Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Sun Life Financial is a strong investment it is important to analyze Sun Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sun Life's future performance. For an informed investment choice regarding Sun Stock, refer to the following important reports:
Check out the analysis of Sun Life Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Please note, there is a significant difference between Sun Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.