Suncorp Group Stock

Suncorp Group Liabilities 2024

Suncorp Group Liabilities

97.87 B AUD

Ticker

SUN.AX

ISIN

AU000000SUN6

WKN

886254

In 2024, Suncorp Group's total liabilities amounted to 97.87 B AUD, a 4.53% difference from the 93.63 B AUD total liabilities in the previous year.

Suncorp Group Aktienanalyse

What does Suncorp Group do?

Suncorp Group Ltd is an Australian company that was founded in 1902 and is headquartered in Brisbane. Originally established as the Queenslanders' Cooperative Building Society, the company has evolved over the years to become one of Australia's largest financial services providers. Suncorp's business model is focused on offering a wide range of financial services to meet the diverse needs of its customers. These include insurance, banking, wealth management, risk management, and other related services. Suncorp is divided into three main business segments: Insurance, Banking & Wealth, and Suncorp New Zealand. The Insurance segment is the largest, accounting for approximately 50% of the company's total revenue. It offers various types of insurance, including car insurance, travel insurance, life insurance, home insurance, and business insurance. The company also collaborates with other insurance companies to distribute products in the market. The Banking & Wealth segment includes retail banking, wealth management, and corporate banking. In retail banking, Suncorp offers a variety of banking services, including savings and checking accounts, loans, credit cards, and mortgage financing. The company's wealth management includes asset management and investment advice, offering a wide range of investment products such as stocks, bonds, investment funds, and structured products. Suncorp New Zealand is the smallest business segment of the company, originally operating under the name Vero Insurance. The company offers a wide range of insurance products and services, including car insurance, home insurance, and business insurance. Suncorp also provides banking services in New Zealand. Suncorp is one of the largest employers in Australia and New Zealand, with approximately 13,000 employees. The company has also focused on innovation and digitization. It has developed a mobile app as part of its e-banking services, allowing customers to access banking services through their smartphones or tablets. Additionally, Suncorp has introduced the use of chatbots to process customer inquiries in real-time and improve customer satisfaction. Overall, Suncorp Group Ltd is a leading financial services provider in Australia and New Zealand with a long history. Through its wide range of products and services and its focus on innovation and digitization, the company has maintained its position in the market and is likely to continue playing an important role in the financial sector in the future. Suncorp Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Suncorp Group's Liabilities

Suncorp Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Suncorp Group's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Suncorp Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Suncorp Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Suncorp Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Suncorp Group stock

What is the level of liabilities of Suncorp Group this year?

Suncorp Group has a debt balance of 97.87 B AUD this year.

What were the liabilities of Suncorp Group compared to the previous year?

The liabilities of Suncorp Group have increased by 4.53% increased compared to the previous year.

What are the consequences of high debt for investors of Suncorp Group?

High liabilities can pose a risk for investors of Suncorp Group, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Suncorp Group?

Low liabilities mean that Suncorp Group has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Suncorp Group affect the company?

An increase in liabilities of Suncorp Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Suncorp Group affect the company?

A decrease in the liabilities of Suncorp Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Suncorp Group?

Some factors that can influence the liabilities of Suncorp Group include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Suncorp Group so important for investors?

The liabilities of Suncorp Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Suncorp Group take to modify the liabilities?

To change its liabilities, Suncorp Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Suncorp Group pay?

Over the past 12 months, Suncorp Group paid a dividend of 1.11 AUD . This corresponds to a dividend yield of about 6.09 %. For the coming 12 months, Suncorp Group is expected to pay a dividend of 1.11 AUD.

What is the dividend yield of Suncorp Group?

The current dividend yield of Suncorp Group is 6.09 %.

When does Suncorp Group pay dividends?

Suncorp Group pays a quarterly dividend. This is distributed in the months of March, September, March, September.

How secure is the dividend of Suncorp Group?

Suncorp Group paid dividends every year for the past 24 years.

What is the dividend of Suncorp Group?

For the upcoming 12 months, dividends amounting to 1.11 AUD are expected. This corresponds to a dividend yield of 6.09 %.

In which sector is Suncorp Group located?

Suncorp Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Suncorp Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Suncorp Group from 9/25/2024 amounting to 0.629 AUD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Suncorp Group pay the last dividend?

The last dividend was paid out on 9/25/2024.

What was the dividend of Suncorp Group in the year 2023?

In the year 2023, Suncorp Group distributed 0.857 AUD as dividends.

In which currency does Suncorp Group pay out the dividend?

The dividends of Suncorp Group are distributed in AUD.

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Andere Kennzahlen von Suncorp Group

Our stock analysis for Suncorp Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Suncorp Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.