Sun Long Term Debt vs Short Term Debt Analysis
SLF Stock | USD 61.39 0.58 0.95% |
Sun Life financial indicator trend analysis is much more than just breaking down Sun Life Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Life Financial is a good investment. Please check the relationship between Sun Life Long Term Debt and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Long Term Debt vs Short Term Debt
Long Term Debt vs Short Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Life Financial Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sun Life's Long Term Debt and Short Term Debt is 0.5. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Sun Life Financial, assuming nothing else is changed. The correlation between historical values of Sun Life's Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Sun Life Financial are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Sun Life's Long Term Debt and Short Term Debt go up and down completely randomly.
Correlation Coefficient | 0.5 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Sun Life Financial has held for over one year. Long-term debt appears on Sun Life Financial balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Sun Life Financial balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Short Term Debt
Most indicators from Sun Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sun Life Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Sun Life's Enterprise Value Multiple is most likely to drop slightly in the upcoming years. The Sun Life's current Enterprise Value is estimated to increase to about 41.1 B, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 35.7B | 23.2B | 32.7B | 25.2B | Interest Expense | 327M | 445M | 552M | 315.1M |
Sun Life fundamental ratios Correlations
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Sun Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sun Life fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 297.2B | 323.0B | 345.4B | 330.9B | 333.2B | 220.3B | |
Short Long Term Debt Total | 9.0B | 9.0B | 11.9B | 15.2B | 13.3B | 6.8B | |
Total Stockholder Equity | 23.4B | 24.5B | 26.3B | 27.5B | 23.6B | 19.6B | |
Net Debt | (5.5B) | (6.6B) | (2.1B) | 2.2B | 2.1B | 2.2B | |
Non Currrent Assets Other | (1.5B) | (1.6B) | (1.8B) | (1.6B) | (162.4B) | (154.3B) | |
Other Assets | 190.0B | 202.0B | 221.8B | 216.3B | (165.4B) | (157.1B) | |
Common Stock Shares Outstanding | 611M | 597M | 589M | 590M | 677.4M | 622.4M | |
Liabilities And Stockholders Equity | 297.2B | 323.0B | 345.4B | 330.9B | 333.2B | 220.3B | |
Non Current Liabilities Total | 4.0B | 6.5B | 9.6B | 5.0B | 307.1B | 322.5B | |
Other Stockholder Equity | (3.7B) | (3.8B) | (3.2B) | (2.9B) | (363M) | (344.9M) | |
Total Liab | 272.7B | 297.1B | 317.3B | 301.5B | 309.0B | 200.1B | |
Non Current Assets Total | 95.7B | 105.7B | 109.0B | 99.7B | 468.8B | 492.2B | |
Cash And Short Term Investments | 9.6B | 13.5B | 12.3B | 11.2B | 27.5B | 28.9B | |
Short Term Investments | 2.9B | 2.9B | 4.5B | 1.8B | 16.3B | 17.1B | |
Total Current Assets | 11.5B | 15.3B | 14.5B | 14.9B | 29.9B | 28.4B | |
Other Current Liab | (1.9B) | (2.8B) | (2.4B) | (5.0B) | (4.8B) | (4.6B) | |
Total Current Liabilities | 1.9B | 2.8B | 2.4B | 5.0B | 4.8B | 4.6B | |
Other Liab | 256.2B | 279.6B | 296.2B | 275.2B | 316.5B | 332.3B | |
Net Tangible Assets | 14.3B | 15.0B | 15.9B | 13.6B | 15.7B | 16.4B | |
Retained Earnings | 12.8B | 13.9B | 15.7B | 16.8B | 12.2B | 10.3B | |
Accounts Payable | 1.9B | 2.4B | 1.9B | 2.6B | 2.5B | 2.2B | |
Cash | 9.6B | 13.5B | 12.3B | 11.2B | 11.2B | 7.5B | |
Long Term Debt | 8.0B | 5.3B | 8.8B | 11.9B | 10.0B | 6.8B | |
Net Receivables | 2.0B | 1.8B | 2.3B | 3.7B | 2.4B | 1.4B | |
Good Will | 5.8B | 6.1B | 6.5B | 8.7B | 9.0B | 5.8B | |
Inventory | (17.0B) | (20.4B) | (19.6B) | (16.9B) | (19.7B) | (18.7B) | |
Other Current Assets | 17.0B | 20.4B | 19.6B | 16.9B | 19.7B | 18.7B | |
Long Term Investments | 89.3B | 98.6B | 102.3B | 84.9B | 95.0B | 99.7B | |
Short Long Term Debt | 30M | 344M | 574M | 2.3B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | 1.5B | 1.6B | 986M | 651M | 1.2B | 1.3B | |
Short Term Debt | 30M | 344M | 574M | 2.3B | 2.3B | 2.4B | |
Intangible Assets | 2.1B | 2.5B | 3.4B | 4.7B | 5.2B | 5.4B | |
Common Stock | 10.6B | 10.6B | 10.6B | 10.6B | 8.3B | 8.2B | |
Property Plant Equipment | 1.4B | 1.4B | 1.3B | 11.5B | 13.2B | 13.8B | |
Property Plant And Equipment Net | 1.4B | 1.4B | 1.3B | 1.4B | 1.5B | 1.1B | |
Long Term Debt Total | 8.9B | 8.7B | 11.3B | 12.9B | 14.8B | 9.8B |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Life Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. 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 4.4 | 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.