Sun Life Financial Inc (SLF.TO)
68.51
-4.92
(-6.70%)
CAD |
TSX |
May 10, 16:00
68.51
0.00 (0.00%)
After-Hours: 16:15
Sun Life Financial Debt to Equity Ratio: 0.5211 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5211 |
| September 30, 2023 | 0.4065 |
| June 30, 2023 | 0.432 |
| March 31, 2023 | 0.2993 |
| December 31, 2022 | 0.5522 |
| September 30, 2022 | 0.3743 |
| June 30, 2022 | 0.3211 |
| March 31, 2022 | 0.3225 |
| December 31, 2021 | 0.3017 |
| September 30, 2021 | 0.1786 |
| June 30, 2021 | 0.1919 |
| March 31, 2021 | 0.2269 |
| December 31, 2020 | 0.2463 |
| September 30, 2020 | 0.1845 |
| June 30, 2020 | 0.2079 |
| March 31, 2020 | 0.1671 |
| December 31, 2019 | 0.2747 |
| September 30, 2019 | 0.196 |
| June 30, 2019 | 0.1727 |
| March 31, 2019 | 0.1824 |
| December 31, 2018 | 0.2825 |
| September 30, 2018 | 0.19 |
| June 30, 2018 | 0.1868 |
| March 31, 2018 | 0.1901 |
| December 31, 2017 | 0.314 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.1945 |
| June 30, 2017 | 0.1943 |
| March 31, 2017 | 0.1951 |
| December 31, 2016 | 0.3476 |
| September 30, 2016 | 0.2376 |
| June 30, 2016 | 0.1981 |
| March 31, 2016 | 0.2454 |
| December 31, 2015 | 0.3723 |
| September 30, 2015 | 0.2667 |
| June 30, 2015 | 0.2499 |
| March 31, 2015 | 0.2529 |
| December 31, 2014 | 0.3756 |
| September 30, 2014 | 0.2739 |
| June 30, 2014 | 0.2815 |
| March 31, 2014 | 0.2651 |
| December 31, 2013 | 0.4299 |
| September 30, 2013 | 0.3137 |
| June 30, 2013 | 0.2979 |
| March 31, 2013 | 0.3252 |
| December 31, 2012 | 0.4415 |
| September 30, 2012 | 0.3392 |
| June 30, 2012 | 0.3004 |
| March 31, 2012 | 0.3496 |
| December 31, 2011 | 0.4747 |
| September 30, 2011 | 0.2971 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1671
Minimum
Mar 2020
0.5522
Maximum
Dec 2022
0.2935
Average
0.2747
Median
Dec 2019
Debt to Equity Ratio Benchmarks
| Manulife Financial Corp | 0.2765 |
| Great-West Lifeco Inc | 0.3319 |
| iA Financial Corp Inc | 0.2502 |
| National Bank of Canada | 2.536 |
| Bank of Nova Scotia | 3.883 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 333.24B |
| Total Liabilities (Quarterly) | 309.04B |
| Shareholders Equity (Quarterly) | 23.58B |
| Current Ratio | 3.589 |
| Net Debt Paydown Yield | -1.09% |