Sun Communities Balance Sheet Health
Financial Health criteria checks 1/6
Sun Communities has a total shareholder equity of $7.8B and total debt of $7.7B, which brings its debt-to-equity ratio to 97.8%. Its total assets and total liabilities are $17.6B and $9.8B respectively. Sun Communities's EBIT is $606.6M making its interest coverage ratio 1.9. It has cash and short-term investments of $40.8M.
Debt to equity ratio
|Interest coverage ratio||1.9x|
Recent financial health updates
Sun Communities: Attractive Growth, But Valuation Creates A RiskNov 07
Sun Communities: UK Woes Present Opportunity For Long-Term InvestorsOct 17
Manufactured Housing: The Sun Will Rise AgainAug 25
Sun Communities: A 'Buy" For The First Time In Almost A YearAug 19
Sun Communities: Solid Company In A Market With Growing DemandJun 01
Sun Communities: I'm Adding This 'Safe Harbor' REIT To My SWAN PortfolioFeb 22
Sun Communities Q3 2022 Earnings PreviewOct 23
Sun Communities declares $0.88 dividendSep 01
I Buy More As Sun Communities FallsAug 25
Sun Communities: Capitalizing On Affordable Housing And Recreational OpportunitiesAug 10
Is Now The Time To Put Sun Communities (NYSE:SUI) On Your Watchlist?Jul 26
Sun Communities GAAP EPS of $0.61, revenue of $814.3MJul 25
Buying More: Beastly Growth On Sale At Sun CommunitiesMay 11
Manufactured Housing: Affordable Prices For Elite REITsApr 18
Does Sun Communities (NYSE:SUI) Deserve A Spot On Your Watchlist?Apr 14
Affordable Housing Dividends With Sun CommunitiesMar 27
Sun Communities: A Fantastic REIT That Is Still A Little Too Rich For My BloodFeb 20
Sun Communities: A Closer Look At The Top REIT In Manufactured HousingFeb 08
Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention TodayDec 27
Sun Communities: Park Holidays Acquisition Is A Key PositiveDec 02
With EPS Growth And More, Sun Communities (NYSE:SUI) Is InterestingSep 26
Sun Communities Is A High-Quality REITSep 22
Brokers Are Upgrading Their Views On Sun Communities, Inc. (NYSE:SUI) With These New ForecastsJul 28
Sun Communities Vs. Equity LifeStyle: Which Is A Better Investment?Jul 18
Sun Communities prices $600M senior notesJun 17
Here's Why I Think Sun Communities (NYSE:SUI) Might Deserve Your Attention TodayJun 17
Sun Communities files new $500M shelf registrationJun 04
Financial Position Analysis
Short Term Liabilities: SUI's short term assets ($1.1B) exceed its short term liabilities ($502.5M).
Long Term Liabilities: SUI's short term assets ($1.1B) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: SUI's net debt to equity ratio (97.3%) is considered high.
Reducing Debt: SUI's debt to equity ratio has increased from 91.4% to 97.8% over the past 5 years.
Debt Coverage: SUI's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: SUI's interest payments on its debt are not well covered by EBIT (1.9x coverage).