Sun Operating Income vs Gross Profit Analysis

SLF Stock

USD 61.39 0.47 0.77%

Sun Life financial indicator trend analysis is much more than just breaking down Sun Life Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sun Life Financial is a good investment. Please check the relationship between Sun Life Operating Income and its Gross Profit accounts. 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 bureau of economic analysis.

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Life Financial Operating Income account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sun Life's Operating Income and Gross Profit is 0.6. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Sun Life Financial, assuming nothing else is changed. The correlation between historical values of Sun Life's Operating Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Sun Life Financial are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Operating Income i.e., Sun Life's Operating Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Sun Life Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sun Life Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sun Life Financial minus its cost of goods sold. It is profit before Sun Life operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Sun Life's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 bureau of economic analysis.

At this time, Sun Life's Enterprise Value Multiple is most likely to drop slightly in the upcoming years.

	2021	2022	2023	2024 (projected)
Total Revenue	35.7B	23.2B	32.7B	25.2B
Interest Expense	327M	445M	552M	315.1M

Total Revenue Interest Expense

Sun Life fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Non Currrent Assets Other	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Non Current Assets Total	Cash And Short Term Investments	Short Term Investments	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Other Current Assets
Total Assets		0.88	0.95	-0.41	0.21	-0.02	0.64	0.12	-0.69	1.0	0.25	0.17	-0.26	-0.24	-0.13	-0.67	0.74	0.69	0.9	0.64	0.83	0.75	0.79	0.91	0.61	-0.19
Short Long Term Debt Total	0.88		0.84	-0.01	0.26	-0.14	0.59	0.21	-0.49	0.88	0.31	0.22	-0.12	-0.3	-0.2	-0.56	0.67	0.66	0.79	0.56	0.65	0.91	0.87	0.93	0.55	-0.26
Total Stockholder Equity	0.95	0.84		-0.39	0.18	0.09	0.7	0.08	-0.77	0.94	0.22	0.1	-0.35	-0.1	-0.05	-0.74	0.73	0.75	0.9	0.67	0.77	0.76	0.86	0.89	0.73	-0.05
Net Debt	-0.41	-0.01	-0.39		0.17	-0.18	0.02	0.25	0.57	-0.41	0.18	0.1	0.32	0.17	-0.23	0.11	-0.39	-0.28	-0.52	-0.13	-0.67	0.14	-0.06	-0.14	-0.14	0.13
Non Currrent Assets Other	0.21	0.26	0.18	0.17		-0.85	0.4	0.98	-0.12	0.21	0.98	0.95	0.81	-0.36	-0.17	-0.05	0.56	0.44	0.23	0.3	0.28	0.22	0.06	0.47	0.43	-0.4
Other Assets	-0.02	-0.14	0.09	-0.18	-0.85		0.01	-0.87	-0.09	-0.03	-0.84	-0.93	-0.92	0.72	0.32	-0.31	-0.43	-0.27	-0.11	0.03	-0.24	0.01	0.17	-0.27	-0.07	0.76
Common Stock Shares Outstanding	0.64	0.59	0.7	0.02	0.4	0.01		0.38	-0.49	0.64	0.46	0.2	-0.11	0.3	-0.16	-0.89	0.38	0.5	0.38	0.65	0.27	0.66	0.63	0.72	0.76	0.32
Non Current Liabilities Total	0.12	0.21	0.08	0.25	0.98	-0.87	0.38		0.01	0.12	0.99	0.95	0.86	-0.34	-0.2	-0.02	0.48	0.37	0.12	0.23	0.19	0.18	0.0	0.41	0.32	-0.38
Other Stockholder Equity	-0.69	-0.49	-0.77	0.57	-0.12	-0.09	-0.49	0.01		-0.67	-0.09	-0.02	0.32	0.12	0.03	0.51	-0.54	-0.59	-0.76	-0.38	-0.68	-0.35	-0.57	-0.58	-0.82	0.07
Total Liab	1.0	0.88	0.94	-0.41	0.21	-0.03	0.64	0.12	-0.67		0.25	0.18	-0.25	-0.25	-0.14	-0.66	0.73	0.68	0.89	0.63	0.83	0.75	0.78	0.91	0.6	-0.2
Non Current Assets Total	0.25	0.31	0.22	0.18	0.98	-0.84	0.46	0.99	-0.09	0.25		0.95	0.8	-0.36	-0.21	-0.13	0.57	0.47	0.24	0.32	0.3	0.27	0.11	0.52	0.4	-0.4
Cash And Short Term Investments	0.17	0.22	0.1	0.1	0.95	-0.93	0.2	0.95	-0.02	0.18	0.95		0.88	-0.55	-0.18	0.12	0.59	0.42	0.24	0.19	0.36	0.11	-0.02	0.42	0.23	-0.59
Short Term Investments	-0.26	-0.12	-0.35	0.32	0.81	-0.92	-0.11	0.86	0.32	-0.25	0.8	0.88		-0.48	-0.13	0.46	0.22	0.08	-0.17	-0.19	-0.02	-0.19	-0.39	0.0	-0.09	-0.53
Total Current Assets	-0.24	-0.3	-0.1	0.17	-0.36	0.72	0.3	-0.34	0.12	-0.25	-0.36	-0.55	-0.48		0.4	-0.35	-0.48	-0.32	-0.43	0.12	-0.52	-0.02	0.02	-0.28	0.05	1.0
Other Current Liab	-0.13	-0.2	-0.05	-0.23	-0.17	0.32	-0.16	-0.2	0.03	-0.14	-0.21	-0.18	-0.13	0.4		0.17	0.07	0.12	-0.02	-0.28	-0.06	-0.07	-0.13	-0.2	-0.07	0.39
Total Current Liabilities	-0.67	-0.56	-0.74	0.11	-0.05	-0.31	-0.89	-0.02	0.51	-0.66	-0.13	0.12	0.46	-0.35	0.17		-0.28	-0.41	-0.42	-0.61	-0.27	-0.65	-0.65	-0.63	-0.64	-0.39
Other Liab	0.74	0.67	0.73	-0.39	0.56	-0.43	0.38	0.48	-0.54	0.73	0.57	0.59	0.22	-0.48	0.07	-0.28		0.88	0.84	0.44	0.81	0.56	0.54	0.77	0.55	-0.46
Net Tangible Assets	0.69	0.66	0.75	-0.28	0.44	-0.27	0.5	0.37	-0.59	0.68	0.47	0.42	0.08	-0.32	0.12	-0.41	0.88		0.75	0.33	0.65	0.56	0.59	0.72	0.7	-0.29
Retained Earnings	0.9	0.79	0.9	-0.52	0.23	-0.11	0.38	0.12	-0.76	0.89	0.24	0.24	-0.17	-0.43	-0.02	-0.42	0.84	0.75		0.51	0.92	0.62	0.73	0.83	0.57	-0.38
Accounts Payable	0.64	0.56	0.67	-0.13	0.3	0.03	0.65	0.23	-0.38	0.63	0.32	0.19	-0.19	0.12	-0.28	-0.61	0.44	0.33	0.51		0.47	0.56	0.7	0.7	0.46	0.14
Cash	0.83	0.65	0.77	-0.67	0.28	-0.24	0.27	0.19	-0.68	0.83	0.3	0.36	-0.02	-0.52	-0.06	-0.27	0.81	0.65	0.92	0.47		0.4	0.54	0.74	0.42	-0.49
Long Term Debt	0.75	0.91	0.76	0.14	0.22	0.01	0.66	0.18	-0.35	0.75	0.27	0.11	-0.19	-0.02	-0.07	-0.65	0.56	0.56	0.62	0.56	0.4		0.87	0.85	0.51	0.01
Net Receivables	0.79	0.87	0.86	-0.06	0.06	0.17	0.63	0.0	-0.57	0.78	0.11	-0.02	-0.39	0.02	-0.13	-0.65	0.54	0.59	0.73	0.7	0.54	0.87		0.84	0.59	0.06
Good Will	0.91	0.93	0.89	-0.14	0.47	-0.27	0.72	0.41	-0.58	0.91	0.52	0.42	0.0	-0.28	-0.2	-0.63	0.77	0.72	0.83	0.7	0.74	0.85	0.84		0.65	-0.25
Common Stock Total Equity	0.61	0.55	0.73	-0.14	0.43	-0.07	0.76	0.32	-0.82	0.6	0.4	0.23	-0.09	0.05	-0.07	-0.64	0.55	0.7	0.57	0.46	0.42	0.51	0.59	0.65		0.07
Other Current Assets	-0.19	-0.26	-0.05	0.13	-0.4	0.76	0.32	-0.38	0.07	-0.2	-0.4	-0.59	-0.53	1.0	0.39	-0.39	-0.46	-0.29	-0.38	0.14	-0.49	0.01	0.06	-0.25	0.07

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Sun Life Account Relationship Matchups

Sun Life fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	297.2B	323.0B	345.4B	330.9B	333.2B	220.3B
Short Long Term Debt Total	9.0B	9.0B	11.9B	15.2B	13.3B	6.8B
Total Stockholder Equity	23.4B	24.5B	26.3B	27.5B	23.6B	19.6B
Net Debt	(5.5B)	(6.6B)	(2.1B)	2.2B	2.1B	2.2B
Non Currrent Assets Other	(1.5B)	(1.6B)	(1.8B)	(1.6B)	306.3B	321.6B
Other Assets	190.0B	202.0B	221.8B	216.3B	(113.6B)	(107.9B)
Common Stock Shares Outstanding	611M	597M	589M	590M	677.4M	622.4M
Liabilities And Stockholders Equity	297.2B	323.0B	345.4B	330.9B	333.2B	220.3B
Non Current Liabilities Total	4.0B	6.5B	9.6B	5.0B	309.0B	324.5B
Other Stockholder Equity	(3.7B)	(3.8B)	(3.2B)	(2.9B)	(363M)	(344.9M)
Total Liab	272.7B	297.1B	317.3B	301.5B	309.0B	200.1B
Non Current Assets Total	95.7B	105.7B	109.0B	99.7B	416.9B	437.8B
Cash And Short Term Investments	9.6B	13.5B	12.3B	11.2B	27.5B	28.9B
Short Term Investments	2.9B	2.9B	4.5B	1.8B	16.3B	17.1B
Total Current Assets	11.5B	15.3B	14.5B	14.9B	29.9B	28.4B
Other Current Liab	(1.9B)	(2.8B)	(2.4B)	(5.0B)	(4.8B)	(4.6B)
Total Current Liabilities	1.9B	2.8B	2.4B	5.0B	9.3B	8.8B
Other Liab	256.2B	279.6B	296.2B	275.2B	316.5B	332.3B
Net Tangible Assets	14.3B	15.0B	15.9B	13.6B	15.7B	16.4B
Retained Earnings	12.8B	13.9B	15.7B	16.8B	12.2B	10.3B
Accounts Payable	1.9B	2.4B	1.9B	2.6B	2.5B	2.2B
Cash	9.6B	13.5B	12.3B	11.2B	11.2B	7.5B
Long Term Debt	8.0B	5.3B	8.8B	11.9B	10.0B	6.8B
Net Receivables	2.0B	1.8B	2.3B	3.7B	2.4B	1.4B
Good Will	5.8B	6.1B	6.5B	8.7B	9.0B	5.8B
Inventory	(17.0B)	(20.4B)	(19.6B)	(16.9B)	(19.7B)	(18.7B)
Other Current Assets	17.0B	20.4B	19.6B	16.9B	19.7B	18.7B
Long Term Investments	89.3B	98.6B	102.3B	84.9B	95.0B	99.7B
Short Long Term Debt	30M	344M	574M	2.3B	2.3B	2.4B
Accumulated Other Comprehensive Income	1.5B	1.6B	986M	651M	1.2B	1.3B
Short Term Debt	30M	344M	574M	2.3B	2.3B	2.4B
Intangible Assets	2.1B	2.5B	3.4B	4.7B	5.2B	5.4B
Common Stock	10.6B	10.6B	10.6B	10.6B	8.3B	8.2B
Property Plant Equipment	1.4B	1.4B	1.3B	11.5B	13.2B	13.8B
Property Plant And Equipment Net	1.4B	1.4B	1.3B	1.4B	1.5B	1.1B
Long Term Debt Total	8.9B	8.7B	11.3B	12.9B	14.8B	9.8B

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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:

How To Invest In Sun

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Is Sun Stock a good investment?

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What is Sun Life's Net Worth?

Details

Largest Life & Health Insurance Companies

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Largest Insurance - Diversified Companies

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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 bureau of economic analysis.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Life. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.567

Dividend Share

3.18

Earnings Share

4.37

Revenue Per Share

55.991

Quarterly Revenue Growth

0.077

The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Life's market value can be influenced by many factors that don't directly affect Sun Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

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Sun Operating Income vs Gross Profit Analysis

Operating Income vs Gross Profit

Operating Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Operating Income

Gross Profit

Sun Life fundamental ratios Correlations

Sun Life Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sun Life fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Other Current Assets	+ 1.0	Total Current Assets
Non Current Assets Total	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.98	Non Currrent Assets Other
Non Current Assets Total	+ 0.98	Non Currrent Assets Other
Total Stockholder Equity	+ 0.95	Total Assets

Cash And Short Term Investments	- 0.93	Other Assets
Short Term Investments	- 0.92	Other Assets
Total Current Liabilities	- 0.89	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.87	Other Assets
Other Assets	- 0.85	Non Currrent Assets Other
Non Current Assets Total	- 0.84	Other Assets