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 ratio | 7.5x |
Cash | CA$81.84b |
Equity | CA$24.20b |
Total liabilities | CA$309.04b |
Total assets | CA$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 15Sun Life Financial's (TSE:SLF) Dividend Will Be Increased To CA$0.72
Nov 16These Analysts Think Sun Life Financial Inc.'s (TSE:SLF) Sales Are Under Threat
Aug 22Sun Life Financial's (TSE:SLF) Upcoming Dividend Will Be Larger Than Last Year's
May 30Analysts Have Just Cut Their Sun Life Financial Inc. (TSE:SLF) Revenue Estimates By 14%
May 21Sun Life Financial (TSE:SLF) Has Announced That It Will Be Increasing Its Dividend To CA$0.69
May 16Here's Why We Think Sun Life Financial (TSE:SLF) Is Well Worth Watching
May 05Here's Why I Think Sun Life Financial (TSE:SLF) Is An Interesting Stock
Feb 03Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55
Nov 07Is Now The Time To Put Sun Life Financial (TSE:SLF) On Your Watchlist?
Nov 05Sun Life Financial (TSE:SLF) Has Re-Affirmed Its Dividend Of CA$0.55
Aug 22Sun Life Financial (TSE:SLF) Will Pay A Dividend Of CA$0.55
Aug 08Financial 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).