Sun Life Financial Balance Sheet Health

Financial Health criteria checks 4/6

Sun Life Financial has a total shareholder equity of CA$24.2B and total debt of CA$18.0B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are CA$333.2B and CA$309.0B respectively. Sun Life Financial's EBIT is CA$4.2B making its interest coverage ratio 7.5. It has cash and short-term investments of CA$81.8B.

Key information

74.4%

Debt to equity ratio

CA$18.00b

Debt

Interest coverage ratio7.5x
CashCA$81.84b
EquityCA$24.20b
Total liabilitiesCA$309.04b
Total assetsCA$333.24b

Recent financial health updates

No updates

Recent updates

Sun Life Financial's (TSE:SLF) Shareholders Will Receive A Bigger Dividend Than Last Year

May 15
Sun Life Financial's (TSE:SLF) Shareholders Will Receive A Bigger Dividend Than Last Year

Sun Life Financial's (TSE:SLF) Dividend Will Be Increased To CA$0.72

Nov 16
Sun Life Financial's (TSE:SLF) Dividend Will Be Increased To CA$0.72

These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat

Aug 22
These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat

Sun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year's

May 30
Sun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year's

Analysts Have Just Cut Their Sun Life Financial Inc. (TSE:SLF) Revenue Estimates By 14%

May 21
Analysts Have Just Cut Their Sun Life Financial Inc. (TSE:SLF) Revenue Estimates By 14%

Sun Life Financial (TSE:SLF) Has Announced That It Will Be Increasing Its Dividend To CA$0.69

May 16
Sun Life Financial (TSE:SLF) Has Announced That It Will Be Increasing Its Dividend To CA$0.69

Here's Why We Think Sun Life Financial (TSE:SLF) Is Well Worth Watching

May 05
Here's Why We Think Sun Life Financial (TSE:SLF) Is Well Worth Watching

Here's Why I Think Sun Life Financial (TSE:SLF) Is An Interesting Stock

Feb 03
Here's Why I Think Sun Life Financial (TSE:SLF) Is An Interesting Stock

Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55

Nov 07
Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55

Is Now The Time To Put Sun Life Financial (TSE:SLF) On Your Watchlist?

Nov 05
Is Now The Time To Put Sun Life Financial (TSE:SLF) On Your Watchlist?

Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55

Aug 22
Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55

Sun Life Financial (TSE:SLF) Will Pay A Dividend Of CA$0.55

Aug 08
Sun Life Financial (TSE:SLF) Will Pay A Dividend Of CA$0.55

Financial Position Analysis

Short Term Liabilities: SLF's short term assets (CA$94.3B) exceed its short term liabilities (CA$13.8B).

Long Term Liabilities: SLF's short term assets (CA$94.3B) do not cover its long term liabilities (CA$295.2B).


Debt to Equity History and Analysis

Debt Level: SLF has more cash than its total debt.

Reducing Debt: SLF's debt to equity ratio has increased from 42.4% to 74.4% over the past 5 years.

Debt Coverage: SLF's debt is well covered by operating cash flow (31.2%).

Interest Coverage: SLF's interest payments on its debt are well covered by EBIT (7.5x coverage).


Balance Sheet


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