Sun Other Current Liab vs Non Current Assets Total 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 Other Current Liab and its Non Current Assets Total 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.

Other Current Liab vs Non Current Assets Total

Other Current Liab vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sun Life Financial Other Current Liab account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sun Life's Other Current Liab and Non Current Assets Total is -0.16. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Non Current Assets Total 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 Other Current Liab and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Sun Life Financial are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Liab i.e., Sun Life's Other Current Liab and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 Revenue35.7B23.2B32.7B25.2B
Interest Expense327M445M552M315.1M

Sun Life fundamental ratios Correlations

0.530.95-0.410.50.110.640.47-0.681.00.970.17-0.26-0.24-0.13-0.670.740.690.90.640.830.750.790.910.61-0.19
0.530.540.380.22-0.070.570.69-0.190.530.570.640.37-0.32-0.37-0.460.580.540.490.520.370.690.580.770.52-0.32
0.950.54-0.390.540.280.70.47-0.770.940.950.1-0.35-0.1-0.05-0.750.730.750.90.670.770.760.860.890.73-0.05
-0.410.38-0.39-0.380.010.020.160.58-0.41-0.390.10.320.17-0.230.1-0.39-0.28-0.52-0.13-0.670.14-0.06-0.14-0.140.13
0.50.220.54-0.380.060.280.21-0.70.50.460.19-0.05-0.140.1-0.190.570.490.60.450.530.250.350.440.66-0.12
0.11-0.070.280.010.060.550.3-0.170.10.17-0.46-0.570.910.35-0.62-0.160.0-0.070.38-0.220.260.320.060.310.93
0.640.570.70.020.280.550.79-0.470.640.740.2-0.110.3-0.16-0.910.380.50.380.650.270.660.630.720.760.32
0.470.690.470.160.210.30.79-0.270.470.590.520.290.1-0.24-0.630.380.420.270.450.270.420.340.570.610.1
-0.68-0.19-0.770.58-0.7-0.17-0.47-0.27-0.67-0.650.030.360.10.020.51-0.52-0.57-0.75-0.37-0.67-0.34-0.56-0.56-0.810.06
1.00.530.94-0.410.50.10.640.47-0.670.970.18-0.25-0.25-0.14-0.670.730.680.890.630.830.750.780.910.6-0.2
0.970.570.95-0.390.460.170.740.59-0.650.970.26-0.18-0.19-0.16-0.750.740.740.850.680.80.720.760.910.65-0.15
0.170.640.10.10.19-0.460.20.520.030.180.260.88-0.55-0.180.060.590.420.240.190.360.11-0.020.420.23-0.59
-0.260.37-0.350.32-0.05-0.57-0.110.290.36-0.25-0.180.88-0.48-0.130.40.220.08-0.17-0.19-0.02-0.19-0.390.0-0.09-0.53
-0.24-0.32-0.10.17-0.140.910.30.10.1-0.25-0.19-0.55-0.480.4-0.32-0.48-0.32-0.430.12-0.52-0.020.02-0.280.051.0
-0.13-0.37-0.05-0.230.10.35-0.16-0.240.02-0.14-0.16-0.18-0.130.40.180.070.12-0.02-0.28-0.06-0.07-0.13-0.2-0.070.39
-0.67-0.46-0.750.1-0.19-0.62-0.91-0.630.51-0.67-0.750.060.4-0.320.18-0.31-0.43-0.43-0.63-0.28-0.66-0.65-0.65-0.66-0.37
0.740.580.73-0.390.57-0.160.380.38-0.520.730.740.590.22-0.480.07-0.310.880.840.440.810.560.540.770.55-0.46
0.690.540.75-0.280.490.00.50.42-0.570.680.740.420.08-0.320.12-0.430.880.750.330.650.560.590.720.7-0.29
0.90.490.9-0.520.6-0.070.380.27-0.750.890.850.24-0.17-0.43-0.02-0.430.840.750.510.920.620.730.830.57-0.38
0.640.520.67-0.130.450.380.650.45-0.370.630.680.19-0.190.12-0.28-0.630.440.330.510.470.560.70.70.460.14
0.830.370.77-0.670.53-0.220.270.27-0.670.830.80.36-0.02-0.52-0.06-0.280.810.650.920.470.40.540.740.42-0.49
0.750.690.760.140.250.260.660.42-0.340.750.720.11-0.19-0.02-0.07-0.660.560.560.620.560.40.870.850.510.01
0.790.580.86-0.060.350.320.630.34-0.560.780.76-0.02-0.390.02-0.13-0.650.540.590.730.70.540.870.840.590.06
0.910.770.89-0.140.440.060.720.57-0.560.910.910.420.0-0.28-0.2-0.650.770.720.830.70.740.850.840.65-0.25
0.610.520.73-0.140.660.310.760.61-0.810.60.650.23-0.090.05-0.07-0.660.550.70.570.460.420.510.590.650.07
-0.19-0.32-0.050.13-0.120.930.320.10.06-0.2-0.15-0.59-0.531.00.39-0.37-0.46-0.29-0.380.14-0.490.010.06-0.250.07
Click cells to compare fundamentals

Sun Life Account Relationship Matchups

Sun Life fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets297.2B323.0B345.4B330.9B333.2B220.3B
Short Long Term Debt Total4.0B6.9B10.2B13.4B13.3B13.9B
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(1.5B)(1.6B)(1.8B)(1.6B)(3.9B)(4.1B)
Other Assets190.0B202.0B221.8B216.3B192.8B220.4B
Common Stock Shares Outstanding611M597M589M590M677.4M622.4M
Liabilities And Stockholders Equity297.2B323.0B345.4B330.9B333.2B220.3B
Non Current Liabilities Total4.0B6.5B9.6B5.0B11.2B10.0B
Other Stockholder Equity(3.7B)(3.8B)(3.2B)(2.9B)94M89.3M
Total Liab272.7B297.1B317.3B301.5B309.0B200.1B
Non Current Assets Total95.7B105.7B109.0B99.7B110.6B82.7B
Cash And Short Term Investments9.6B13.5B12.3B11.2B27.5B28.9B
Short Term Investments2.9B2.9B4.5B1.8B16.3B17.1B
Total Current Assets11.5B15.3B14.5B14.9B29.9B28.4B
Other Current Liab(1.9B)(2.8B)(2.4B)(5.0B)(4.8B)(4.6B)
Total Current Liabilities1.9B2.8B2.4B5.0B4.8B4.6B
Other Liab256.2B279.6B296.2B275.2B316.5B332.3B
Net Tangible Assets14.3B15.0B15.9B13.6B15.7B16.4B
Retained Earnings12.8B13.9B15.7B16.8B12.2B10.3B
Accounts Payable1.9B2.4B1.9B2.6B2.5B2.2B
Cash9.6B13.5B12.3B11.2B11.2B7.5B
Long Term Debt8.0B5.3B8.8B11.9B10.0B6.8B
Net Receivables2.0B1.8B2.3B3.7B2.4B1.4B
Good Will5.8B6.1B6.5B8.7B9.0B5.8B
Inventory(17.0B)(20.4B)(19.6B)(16.9B)(19.7B)(18.7B)
Other Current Assets17.0B20.4B19.6B16.9B19.7B18.7B
Long Term Investments89.3B98.6B102.3B84.9B95.0B99.7B
Short Long Term Debt30M344M574M2.3B2.3B2.4B
Accumulated Other Comprehensive Income1.5B1.6B986M651M765M803.3M
Short Term Debt30M344M574M2.3B2.3B2.4B
Intangible Assets2.1B2.5B3.4B4.7B5.2B5.4B
Common Stock10.6B10.6B10.6B10.6B8.3B8.2B
Property Plant Equipment1.4B1.4B1.3B11.5B13.2B13.8B
Property Plant And Equipment Net1.4B1.4B1.3B1.4B1.5B1.1B
Long Term Debt Total8.9B8.7B11.3B12.9B14.8B9.8B

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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:
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 Anywhere module to track or share privately all of your investments from the convenience of any device.

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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.