Sun Debt To Equity from 2010 to 2024

SNCY Stock  USD 13.91  0.07  0.50%   
Sun Country Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.50 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.87211778
Current Value
0.5
Quarterly Volatility
0.25768994
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Country financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Country's main balance sheet or income statement drivers, such as Interest Expense of 25.5 M, Other Operating Expenses of 624.8 M or EBIT of 80.7 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0041 or PTB Ratio of 1.61. Sun financial statements analysis is a perfect complement when working with Sun Country Valuation or Volatility modules.
  
Check out the analysis of Sun Country Correlation against competitors.

Latest Sun Country's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Sun Country Airlines over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Sun Country's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sun Country's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.30 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Sun Debt To Equity Regression Statistics

Arithmetic Mean0.41
Geometric Mean0.36
Coefficient Of Variation62.44
Mean Deviation0.21
Median0.25
Standard Deviation0.26
Sample Variance0.07
Range0.7473
R-Value0.71
Mean Square Error0.04
R-Squared0.51
Significance0
Slope0.04
Total Sum of Squares0.93

Sun Debt To Equity History

2024 0.5
2023 0.87
2022 0.71
2021 0.57
2020 1.0
2019 0.31

About Sun Country Financial Statements

Sun Country investors use historical fundamental indicators, such as Sun Country's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Sun Country. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.87  0.50 

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Additional Tools for Sun Stock Analysis

When running Sun Country's price analysis, check to measure Sun Country's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.