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Sun Life FinancialPHS:SLF 74 Cash-to-Debt is 1.05 as of Mar. 2026, which is 14% below its 10-year median of 1.22. GuruFocus rates PHS:SLF with a GF Score™ of 74/100 and a GF Value™ of ₱3,746.97 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 504 Insurance companies, Sun Life Financial ranks worse than 61.11% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Sun Life Financial's cash to debt ratio for the quarter that ended in Mar. 2026 was 1.05.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Sun Life Financialcould pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Sun Life Financial's Cash-to-Debt or its related term are showing as below:
PHS:SLF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.52 Med: 1.22 Max: 2.08
Current: 1.05
During the past 13 years, Sun Life Financial's highest Cash to Debt Ratio was 2.08. The lowest was 0.52. And the median was 1.22.
PHS:SLF's Cash-to-Debt is ranked worse than 61.11% of 504
companies
in the Insurance industry
Industry Median: 2.065
vs PHS:SLF: 1.05
Sun Life Financial (PHS:SLF) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Sun Life Financial Cash-to-Debt Related Terms
Sun Life Financial Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Sun Life Financial's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
PHS:SLF vs BRK.A, AIG, HIG: Cash-to-Debt Comparison
For the Insurance - Diversified subindustry, Sun Life Financial's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sun Life Financial Cash-to-Debt vs Insurance Industry
For the Insurance industry and Financial Services sector, Sun Life Financial's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Sun Life Financial's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sun Life Financial (PHS:SLF) has a Cash-to-Debt of 1.05 as of Mar. 2026. This is 14% below median its historical median of 1.22. Over the past decade, Sun Life Financial's Cash-to-Debt has ranged from 0.52 to 2.08. According to the industry distribution chart, Sun Life Financial ranks #308 out of 504 companies in the Insurance industry, placing it in the top 61.1%.
Is Sun Life Financial's Cash-to-Debt too high?
Sun Life Financial's current Cash-to-Debt of 1.05 is 14% below median its 10-year median of 1.22. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.08. The Insurance industry median Cash-to-Debt is 2.07. Sun Life Financial's value of 1.05 is 49.2% below this industry median. Based on the distribution chart, Sun Life Financial ranks #308 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, Sun Life Financial has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sun Life Financial's Cash-to-Debt compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Sun Life Financial ranks #308 out of 504 companies for Cash-to-Debt. This places Sun Life Financial in the lower half of its industry. The industry median Cash-to-Debt is 2.07. Sun Life Financial's value of 1.05 is 49.2% below this benchmark. Historically, Sun Life Financial's own Cash-to-Debt has ranged from 0.52 to 2.08 over the past decade. While the company's 10-year median is 1.22 vs. the industry median of 2.07, Sun Life Financial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Insurance company?
The median Cash-to-Debt among Insurance companies is 2.07, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sun Life Financial's current Cash-to-Debt of 1.05 is 49.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median Cash-to-Debt is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sun Life Financial's current Cash-to-Debt is 1.05, which is 14% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sun Life Financial stock overvalued right now?
Based on GuruFocus' analysis, Sun Life Financial (PHS:SLF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱3,746.97, compared to a current price of ₱4,900.00 — trading 30.8% above its estimated fair value. The current Cash-to-Debt is 1.05, which is 14% below median its 10-year median of 1.22 and 49.2% below the Insurance industry median of 2.07. Sun Life Financial's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Sun Life Financial (PHS:SLF), the current Cash-to-Debt is 1.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sun Life Financial (PHS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, Sun Life Financial stock appears to be overvalued.
The current stock price of ₱4,900.00 is trading 30.8% above its estimated GF Value™ of ₱3,746.97.
GuruFocus considers Sun Life Financial to be Significantly Overvalued.
Key valuation signals for PHS:SLF:
Cash-to-Debt: 1.05 (14% below median its 10-year median of 1.22)
GF Value™: ₱3,746.97 vs. price of ₱4,900.00 (30.8% above fair value)
Industry Position: 49.2% below the Insurance median (#308 of 504)
No single metric tells the full story. See the PHS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sun Life Financial is one of the Big Three Canadian life insurers. The Canadian business contributed around 35% of its 2025 adjusted earnings. In that segment, the firm provides health, life insurance, and annuity products to individual and group customers. Its US business is mostly group health and contributed about 17% of the firm's adjusted earnings in 2025. Sun Life also offers life insurance and wealth products in several Asian markets with a strong presence in Hong Kong and the Philippines. The Asia segment contributed around 18% of adjusted 2024 earnings. Its asset management business had around CAD 1.2 trillion total assets under management or administration at the end of 2025 and represents around 30% of the firm's earnings.
74GF Score
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