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Sunlight Financial Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sunlight Financial Holdings has a total shareholder equity of $259.0M and total debt of $52.3M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are $434.8M and $175.8M respectively.
Key information
20.2%
Debt to equity ratio
US$52.27m
Debt
| Interest coverage ratio | n/a |
| Cash | US$80.15m |
| Equity | US$258.98m |
| Total liabilities | US$175.80m |
| Total assets | US$434.78m |
Recent financial health updates
Recent updates
Sunlight Financial Holdings Inc. (NYSE:SUNL) Not Doing Enough For Some Investors As Its Shares Slump 26%
Apr 18
Sunlight Financial HoldingsEPS of -$3.16, revenue of $33.26M beats by $2.83M
Nov 14Sunlight Financial: Challenging Times
Oct 13Sunlight Financial stock tumbles 15% postmarket after FY guidance withdrawn
Sep 28Sizing Up Sunlight Financial Holdings
Nov 03Financial Position Analysis
Short Term Liabilities: SUNL.Q's short term assets ($96.0M) exceed its short term liabilities ($66.5M).
Long Term Liabilities: SUNL.Q's short term assets ($96.0M) do not cover its long term liabilities ($109.3M).
Debt to Equity History and Analysis
Debt Level: SUNL.Q has more cash than its total debt.
Reducing Debt: Insufficient data to determine if SUNL.Q's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SUNL.Q has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SUNL.Q is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/12 07:31 |
| End of Day Share Price | 2023/12/11 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sunlight Financial Holdings Inc. is covered by 6 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Moses Sutton | Barclays |
| Arren Cyganovich | Citigroup Inc |
| Maheep Mandloi | Credit Suisse |