Non-Current Liabilities
Unsecured debt
Sun Communities Unsecured debt increased by 0.0% to $1.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 56.9%, from $4.15B to $1.79B. Over 4 years (FY 2022 to FY 2026), Unsecured debt shows a downward trend with a -9.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ3 2021
Last reportedQ4 2026Apr 28, 2026
How to read this metric
Higher levels indicate reliance on corporate credit, which is generally favorable for operational flexibility but requires strong credit ratings.
Detailed definition
This represents debt obligations that are not backed by specific collateral, relying instead on the company's general cr...
Peer comparison
Common for large-cap REITs with strong balance sheets; smaller peers may rely more on secured debt.
Metric ID:
non_current_liabilities_unsecured_debtHistorical Data
20 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $853.44M | $1.29B | $2.29B | $2.71B | $3.60B | $3.71B | $3.98B | $4.08B | $4.24B | $4.31B | $4.24B | $4.35B | $4.35B | $3.93B | $4.09B | $4.15B | $1.79B | $1.79B | $1.79B | $1.79B |
| QoQ Change | — | +50.7% | +78.2% | +18.3% | +32.7% | +3.1% | +7.4% | +2.4% | +4.1% | +1.5% | -1.5% | +2.5% | -0.1% | -9.6% | +4.1% | +1.4% | -57.0% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | +321.3% | +188.1% | +73.7% | +50.4% | +18.0% | +16.2% | +6.6% | +6.7% | +2.5% | -8.8% | -3.6% | -4.7% | -58.9% | -54.5% | -56.3% | -56.9% |
Range$853.44M – $4.35B
CAGR+16.8%
Avg YoY Growth+27.5%
Median YoY Growth+4.6%
Current Streak3 quarters growth
Unsecured debt at Other Companies
Frequently Asked Questions
- What is Sun Communities's unsecured debt?
- Sun Communities (SUI) reported unsecured debt of $1.79B in Q1 2026.
- How has Sun Communities's unsecured debt changed year-over-year?
- Sun Communities's unsecured debt decreased by 56.9% year-over-year, from $4.15B to $1.79B.
- What is the long-term trend for Sun Communities's unsecured debt?
- Over 4 years (2022 to 2026), Sun Communities's unsecured debt has grown at a -9.9% compound annual growth rate (CAGR), from $2.71B to $1.79B.
- What does unsecured debt mean?
- Debt that is not tied to specific property collateral, based on the company's credit reputation.