Non-Current Liabilities
Unsecured debt (see Note 7)
Sun Communities Unsecured debt (see Note 7) decreased by 56.3% to $1.79B in Q4 2025 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ3 2023
Last reportedQ3 2026Feb 25, 2026
How to read this metric
Increasing levels indicate higher long-term leverage, while decreasing levels suggest debt repayment or deleveraging.
Detailed definition
Long-term debt obligations that are not backed by specific collateral, typically consisting of corporate bonds or senior...
Peer comparison
A standard metric for comparing the credit quality and capital structure of REITs.
Metric ID:
non_current_liabilities_unsecured_debt_and_otherHistorical Data
4 periods
| Q3 '23 | Q3 '24 | Q3 '25 | Q3 '26 | |
|---|---|---|---|---|
| Value | $3.98B | $4.24B | $4.09B | $1.79B |
| QoQ Change | — | +6.6% | -3.6% | -56.3% |
| YoY Change | — | +6.6% | -3.6% | -56.3% |
Range$1.79B – $4.24B
Avg YoY Growth-17.8%
Median YoY Growth-3.6%
Current Streak2 quarters decline
Unsecured debt (see Note 7) at Other Companies
Frequently Asked Questions
- What is Sun Communities's unsecured debt (see note 7)?
- Sun Communities (SUI) reported unsecured debt (see note 7) of $1.79B in Q4 2025.
- What does unsecured debt (see note 7) mean?
- Long-term debt that is not tied to specific property collateral.