Sun Income Tax Expense from 2010 to 2024

SLF Stock  USD 61.18  0.19  0.31%   
Sun Life's Income Tax Expense is increasing over the last several years with slightly volatile swings. Income Tax Expense is predicted to flatten to about 337.1 M. During the period from 2010 to 2024 Sun Life Financial Income Tax Expense regressed destribution of quarterly values had mean deviationof  195,740,444 and mean square error of 63505.7 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2000-03-31
Previous Quarter
192 M
Current Value
215 M
Quarterly Volatility
139.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Sun Life Correlation against competitors.

Latest Sun Life's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Sun Life Financial over the last few years. It is Sun Life's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Life's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Sun Income Tax Expense Regression Statistics

Arithmetic Mean392,743,333
Coefficient Of Variation71.51
Mean Deviation195,740,444
Median461,000,000
Standard Deviation280,843,911
Sample Variance78873.3T
Range1.2B
R-Value0.50
Mean Square Error63505.7T
R-Squared0.25
Significance0.06
Slope31,546,607
Total Sum of Squares1104226.2T

Sun Income Tax Expense History

2024337.1 M
2023461 M
2022621 M
2021727 M
2020495 M
2019286 M
2018597 M

About Sun Life Financial Statements

Sun Life stakeholders use historical fundamental indicators, such as Sun Life's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Sun Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sun Life's assets and liabilities are reflected in the revenues and expenses on Sun Life's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sun Life Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense461 M337.1 M

Currently Active Assets on Macroaxis

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Life. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.567
Dividend Share
3.18
Earnings Share
4.37
Revenue Per Share
55.991
Quarterly Revenue Growth
0.077
The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Life's market value can be influenced by many factors that don't directly affect Sun Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.