Sun Historical Balance Sheet

SLF Stock  CAD 86.17  0.55  0.64%   
Trend analysis of Sun Life Financial balance sheet accounts such as Non Currrent Assets Other of 152.6 B, Common Stock Shares Outstanding of 622.1 M, Liabilities And Stockholders Equity of 220.2 B or Non Current Liabilities Total of 324.5 B provides information on Sun Life's total assets, liabilities, and equity, which is the actual value of Sun Life Financial to its prevalent stockholders. By breaking down trends over time using Sun Life balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Sun Life Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sun Life Financial is a good buy for the upcoming year.

Sun Life Inventory

(20.7 Billion)

  
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 board of governors.

About Sun Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Sun Life Financial at a specified time, usually calculated after every quarter, six months, or one year. Sun Life Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sun Life and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Sun currently owns. An asset can also be divided into two categories, current and non-current.

Sun Life Balance Sheet Chart

At this time, Sun Life's Intangible Assets are very stable compared to the past year. As of the 2nd of December 2024, Accumulated Other Comprehensive Income is likely to grow to about 803.2 M, while Total Assets are likely to drop about 220.3 B.

Total Assets

Total assets refers to the total amount of Sun Life assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Sun Life Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most accounts from Sun Life's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 board of governors.
At this time, Sun Life's Intangible Assets are very stable compared to the past year. As of the 2nd of December 2024, Accumulated Other Comprehensive Income is likely to grow to about 803.2 M, while Total Assets are likely to drop about 220.3 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total11.9B15.2B13.3B6.8B
Total Assets345.4B330.9B333.2B220.3B

Sun Life balance sheet Correlations

0.880.95-0.410.150.320.630.11-0.751.00.320.17-0.260.140.80.670.57-0.290.71-0.29-0.460.430.350.410.220.43
0.880.84-0.010.270.180.580.2-0.550.880.360.22-0.120.10.620.770.66-0.20.63-0.22-0.60.380.460.640.290.64
0.950.84-0.380.140.410.690.07-0.720.940.290.1-0.350.260.730.590.55-0.420.69-0.42-0.450.440.350.340.280.5
-0.41-0.01-0.380.26-0.350.080.230.66-0.410.120.050.280.02-0.67-0.13-0.03-0.16-0.53-0.18-0.12-0.160.160.20.20.06
0.150.270.140.26-0.580.290.860.260.150.850.850.760.090.280.590.780.150.30.11-0.760.360.80.720.750.44
0.320.180.41-0.35-0.58-0.01-0.77-0.330.31-0.65-0.71-0.860.540.12-0.14-0.36-0.290.22-0.240.380.04-0.53-0.41-0.170.18
0.630.580.690.080.29-0.010.38-0.370.630.50.2-0.110.230.220.240.37-0.780.06-0.81-0.370.350.490.20.380.11
0.110.20.070.230.86-0.770.380.120.120.970.950.86-0.030.210.510.750.10.150.04-0.70.270.910.630.710.16
-0.75-0.55-0.720.660.26-0.33-0.370.12-0.75-0.060.040.40.15-0.67-0.31-0.270.19-0.540.180.12-0.19-0.1-0.030.19-0.11
1.00.880.94-0.410.150.310.630.12-0.750.320.18-0.250.130.80.670.57-0.280.7-0.29-0.460.430.350.410.210.42
0.320.360.290.120.85-0.650.50.97-0.060.320.940.750.010.370.590.840.00.3-0.05-0.760.340.950.660.720.24
0.170.220.10.050.85-0.710.20.950.040.180.940.88-0.060.410.630.820.310.360.27-0.740.280.890.70.680.25
-0.26-0.12-0.350.280.76-0.86-0.110.860.4-0.250.750.88-0.180.030.350.530.50.030.45-0.470.00.690.530.50.03
0.140.10.260.020.090.540.23-0.030.150.130.01-0.06-0.18-0.030.06-0.02-0.280.06-0.290.010.210.13-0.110.640.26
0.80.620.73-0.670.280.120.220.21-0.670.80.370.410.03-0.030.770.680.210.910.21-0.540.460.380.520.220.48
0.670.770.59-0.130.59-0.140.240.51-0.310.670.590.630.350.060.770.880.310.810.29-0.830.480.670.90.540.76
0.570.660.55-0.030.78-0.360.370.75-0.270.570.840.820.53-0.020.680.880.160.710.13-0.910.460.860.870.640.64
-0.29-0.2-0.42-0.160.15-0.29-0.780.10.19-0.280.00.310.5-0.280.210.310.160.321.0-0.08-0.150.040.3-0.050.18
0.710.630.69-0.530.30.220.060.15-0.540.70.30.360.030.060.910.810.710.320.34-0.550.360.370.580.280.68
-0.29-0.22-0.42-0.180.11-0.24-0.810.040.18-0.29-0.050.270.45-0.290.210.290.131.00.34-0.05-0.17-0.010.27-0.080.18
-0.46-0.6-0.45-0.12-0.760.38-0.37-0.70.12-0.46-0.76-0.74-0.470.01-0.54-0.83-0.91-0.08-0.55-0.05-0.71-0.76-0.92-0.66-0.69
0.430.380.44-0.160.360.040.350.27-0.190.430.340.280.00.210.460.480.46-0.150.36-0.17-0.710.30.470.480.5
0.350.460.350.160.8-0.530.490.91-0.10.350.950.890.690.130.380.670.860.040.37-0.01-0.760.30.690.770.41
0.410.640.340.20.72-0.410.20.63-0.030.410.660.70.53-0.110.520.90.870.30.580.27-0.920.470.690.540.72
0.220.290.280.20.75-0.170.380.710.190.210.720.680.50.640.220.540.64-0.050.28-0.08-0.660.480.770.540.48
0.430.640.50.060.440.180.110.16-0.110.420.240.250.030.260.480.760.640.180.680.18-0.690.50.410.720.48
Click cells to compare fundamentals

Sun Life Account Relationship Matchups

Sun Life balance sheet Accounts

201920202021202220232024 (projected)
Total Assets297.2B323.0B345.4B330.9B333.2B220.3B
Short Long Term Debt Total9.0B9.0B11.9B15.2B13.3B6.8B
Total Stockholder Equity23.4B24.5B26.3B27.5B23.6B19.6B
Net Debt(5.5B)(6.6B)(2.1B)2.2B2.1B2.2B
Non Currrent Assets Other(95.7B)(105.7B)4.5B1.8B145.3B152.6B
Other Assets190.0B202.0B217.3B216.3B(4.4B)(4.2B)
Common Stock Shares Outstanding611M587.8M589M590M677.4M622.1M
Liabilities And Stockholders Equity297.2B323.0B345.4B330.9B333.2B220.2B
Non Current Liabilities Total4.0B6.5B2.4B5.0B309.0B324.5B
Other Stockholder Equity(7.4B)(7.7B)(3.2B)(2.9B)94M89.3M
Total Liab272.7B297.1B317.3B301.5B309.0B200.1B
Non Current Assets Total95.7B105.7B113.5B99.7B307.7B323.1B
Cash And Short Term Investments9.6B13.5B12.3B11.2B27.5B28.9B
Short Term Investments2.9B2.9B4.5B1.8B16.3B17.1B
Total Current Assets11.5B15.3B14.5B14.9B29.9B22.2B
Cash9.6B13.5B12.3B11.2B11.2B7.8B
Good Will5.8B6.1B6.5B8.7B9.0B6.2B
Intangible Assets2.1B2.5B3.4B4.7B5.2B5.4B
Property Plant And Equipment Net1.4B1.4B1.3B1.4B1.5B1.1B
Retained Earnings12.8B13.9B15.7B16.8B12.2B11.6B
Accumulated Other Comprehensive Income1.5B1.6B986M651M765M803.3M
Other Current Liab(1.9B)(2.8B)(2.4B)(5.0B)(4.8B)(4.6B)
Accounts Payable1.9B2.4B1.9B2.6B2.5B2.3B
Other Current Assets5.5B5.7B5.4B7.5B19.7B20.7B
Short Term Debt30M344M574M2.3B2.3B1.3B
Total Current Liabilities1.9B2.8B2.4B5.0B9.3B9.7B
Net Receivables2.0B1.8B2.3B3.7B2.4B2.3B
Common Stock10.6B10.6B10.6B10.6B8.3B10.1B
Other Liab256.2B279.6B296.2B275.2B316.5B259.4B
Net Tangible Assets14.3B15.0B15.9B13.6B15.7B14.9B
Long Term Debt8.0B5.3B8.8B11.9B10.0B8.9B
Long Term Investments89.3B98.6B102.3B84.9B95.0B75.5B
Short Long Term Debt30M344M574M2.3B2.3B1.9B
Property Plant Equipment1.4B1.4B1.3B1.4B1.6B1.0B
Long Term Debt Total8.9B8.7B11.3B12.9B14.8B9.8B
Inventory(17.0B)(20.4B)(19.6B)(16.9B)(19.7B)(20.7B)

Pair Trading with Sun Life

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sun Life position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sun Life will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sun Stock

  0.62WINS Winshear Gold CorpPairCorr

Moving against Sun Stock

  0.71NRR-UN Northview ResidentialPairCorr
  0.67TIL Till CapitalPairCorr
The ability to find closely correlated positions to Sun Life could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Life when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sun Life - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sun Life Financial to buy it.
The correlation of Sun Life is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sun Life moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Life Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sun Life can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 board of governors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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.