Sun Net Receivables vs Cash And Short Term Investments Analysis
SLF Stock | USD 53.02 0.18 0.34% |
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 Net Receivables and its Cash And Short Term Investments 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Net Receivables vs Cash And Short Term Investments
Net Receivables vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Life Financial Net Receivables account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sun Life's Net Receivables and Cash And Short Term Investments is -0.02. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash And Short Term Investments 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 Net Receivables and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Sun Life Financial are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Net Receivables i.e., Sun Life's Net Receivables and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.02 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Sun Life Financial balance sheet. This account contains Sun Life investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sun Life Financial fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 tightly coupled 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 increase in the upcoming years. The Sun Life's current Enterprise Value is estimated to increase to about 40 B, while Issuance Of Capital Stock is projected to decrease to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 35.7B | 23.2B | 32.7B | 25.2B | Interest Expense | 327M | 445M | 552M | 315.1M |
Sun Life fundamental ratios Correlations
Click cells to compare fundamentals
Sun Life Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 4.0B | 6.9B | 10.2B | 13.4B | 13.3B | 13.9B | |
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) | (3.9B) | (4.1B) | |
Other Assets | 190.0B | 202.0B | 221.8B | 216.3B | 192.8B | 220.4B | |
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 | 11.2B | 10.0B | |
Other Stockholder Equity | (3.7B) | (3.8B) | (3.2B) | (2.9B) | 94M | 89.3M | |
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 | 110.6B | 82.7B | |
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 | 4.8B | 4.6B | |
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 | 765M | 803.3M | |
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 |
Currently Active Assets on Macroaxis
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Sun Stock analysis
When running Sun Life's price analysis, check to measure Sun Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Life is operating at the current time. Most of Sun Life's value examination focuses on studying past and present price action to predict the probability of Sun Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Life's price. Additionally, you may evaluate how the addition of Sun Life to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
Is Sun Life's industry 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 (0.35) | Dividend Share 3 | Earnings Share 3.85 | Revenue Per Share 52.645 | Return On Assets 0.0079 |
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.