Sun Total Stockholder Equity vs Common Stock Total Equity Analysis
SLF Stock | USD 61.18 0.19 0.31% |
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 Total Stockholder Equity and its Common Stock Total Equity 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.
Total Stockholder Equity vs Common Stock Total Equity
Total Stockholder Equity vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Life Financial Total Stockholder Equity account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Sun Life's Total Stockholder Equity and Common Stock Total Equity is 0.73. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock Total Equity 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 Total Stockholder Equity and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Sun Life Financial are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Stockholder Equity i.e., Sun Life's Total Stockholder Equity and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.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.
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 | (131.1B) | (124.6B) | |
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 | 307.4B | 322.7B | |
Other Stockholder Equity | (3.7B) | (3.8B) | (3.2B) | (2.9B) | 94M | 89.3M | |
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 | 434.5B | 456.2B | |
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 | 9.3B | 8.8B | |
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 | 765M | 803.3M | |
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 |
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 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.