Sun Life Financial Inc.

Toronto Stock Exchange SLF.TO

Sun Life Financial Inc. Debt to Equity Ratio for the year ending December 31, 2023: 0.56

Sun Life Financial Inc. Debt to Equity Ratio is 0.56 for the year ending December 31, 2023, a 15.40% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Sun Life Financial Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 0.49, a 25.77% change year over year.
  • Sun Life Financial Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 0.39, a 37.76% change year over year.
  • Sun Life Financial Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 0.28, a 63.16% change year over year.
  • Sun Life Financial Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 0.17, a -38.90% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Toronto Stock Exchange: SLF.TO

Sun Life Financial Inc.

CEO Mr. Kevin David Strain C.A., CPA
IPO Date March 23, 2000
Location Canada
Headquarters 1 York Street
Employees 30,941
Sector Finance
Industries
Description

Sun Life Financial Inc., a financial services company, provides insurance, wealth, and asset management solutions to individuals and corporate clients worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company also provides reinsurance products; investment counselling and portfolio management services; mutual funds and segregated funds; trust and banking services; real estate property brokerage and appraisal services; and merchant banking services. It distributes its products through direct sales agents, managing and independent general agents, financial intermediaries, broker-dealers, banks, pension and benefits consultants, and other third-party marketing organizations. The company was founded in 1871 and is headquartered in Toronto, Canada.

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StockViz Staff

January 15, 2025

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