Shinhan Cash vs Net Debt Analysis

SHG Stock

USD 40.26 0.95 2.42%

Shinhan Financial financial indicator trend analysis is much more than just breaking down Shinhan Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shinhan Financial is a good investment. Please check the relationship between Shinhan Financial Cash and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Cash account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Shinhan Financial's Cash and Net Debt is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Debt in the same time period over historical financial statements of Shinhan Financial Group, assuming nothing else is changed. The correlation between historical values of Shinhan Financial's Cash and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Shinhan Financial Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Cash i.e., Shinhan Financial's Cash and Net Debt go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cash

Cash refers to the most liquid asset of Shinhan Financial, which is listed under current asset account on Shinhan Financial Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Shinhan Financial customers. The amounts must be unrestricted with restricted cash listed in a different Shinhan Financial account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Shinhan Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shinhan Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

The current Selling General Administrative is estimated to decrease to about 6.9 T. The current Tax Provision is estimated to decrease to about 1.2 T

	2021	2022	2023	2024 (projected)
Interest Expense	4.0T	7.6T	16.8T	17.6T
Depreciation And Amortization	902.7B	999.7B	1.2T	1.2T

Interest Expense Depreciation And Amortization

Shinhan Financial fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt
Total Assets		0.98	-0.21	0.23	0.99	0.72	0.94	0.96	0.85	0.76	0.83	0.32	0.2	0.25	0.52	0.82	0.75	0.47	0.77	1.0	0.65	-0.13	0.12	0.72	0.77	0.81
Short Long Term Debt Total	0.98		-0.32	0.27	0.97	0.71	0.89	0.98	0.85	0.76	0.83	0.34	0.21	0.22	0.54	0.83	0.75	0.45	0.81	0.98	0.67	-0.01	0.14	0.74	0.78	0.82
Other Current Liab	-0.21	-0.32		-0.45	-0.21	-0.03	-0.12	-0.22	-0.36	-0.36	-0.36	-0.37	-0.31	0.22	0.06	-0.16	-0.35	-0.34	-0.12	-0.21	-0.19	-0.74	0.05	-0.18	-0.38	-0.36
Total Current Liabilities	0.23	0.27	-0.45		0.24	-0.01	0.3	0.28	0.62	0.7	0.56	0.99	0.98	-0.82	-0.23	0.21	0.71	0.75	0.07	0.23	0.43	-0.05	0.16	0.33	0.53	0.53
Total Stockholder Equity	0.99	0.97	-0.21	0.24		0.64	0.95	0.95	0.82	0.74	0.82	0.32	0.2	0.21	0.52	0.87	0.73	0.44	0.84	0.98	0.65	-0.15	0.14	0.81	0.71	0.74
Other Liab	0.72	0.71	-0.03	-0.01	0.64		0.51	0.69	0.56	0.56	0.57	0.11	0.03	0.28	0.77	0.42	0.5	0.03	0.47	0.72	0.71	0.02	-0.05	0.26	0.64	0.69
Property Plant And Equipment Net	0.94	0.89	-0.12	0.3	0.95	0.51		0.89	0.81	0.7	0.78	0.36	0.26	0.17	0.33	0.86	0.73	0.59	0.73	0.93	0.51	-0.24	0.24	0.81	0.64	0.69
Net Debt	0.96	0.98	-0.22	0.28	0.95	0.69	0.89		0.86	0.76	0.8	0.36	0.23	0.2	0.47	0.82	0.75	0.5	0.77	0.96	0.63	-0.12	0.18	0.72	0.77	0.83
Retained Earnings	0.85	0.85	-0.36	0.62	0.82	0.56	0.81	0.86		0.96	0.95	0.68	0.57	-0.11	0.35	0.74	0.95	0.72	0.61	0.85	0.72	-0.14	0.09	0.65	0.9	0.93
Accounts Payable	0.76	0.76	-0.36	0.7	0.74	0.56	0.7	0.76	0.96		0.93	0.76	0.67	-0.27	0.39	0.61	0.98	0.64	0.53	0.77	0.82	-0.14	-0.07	0.53	0.89	0.91
Cash	0.83	0.83	-0.36	0.56	0.82	0.57	0.78	0.8	0.95	0.93		0.63	0.52	-0.1	0.48	0.77	0.91	0.62	0.7	0.83	0.8	-0.12	0.11	0.69	0.85	0.85
Non Current Assets Total	0.32	0.34	-0.37	0.99	0.32	0.11	0.36	0.36	0.68	0.76	0.63		0.98	-0.8	-0.1	0.28	0.77	0.72	0.17	0.31	0.54	-0.13	0.17	0.39	0.59	0.59
Non Currrent Assets Other	0.2	0.21	-0.31	0.98	0.2	0.03	0.26	0.23	0.57	0.67	0.52	0.98		-0.86	-0.2	0.14	0.68	0.7	0.02	0.2	0.45	-0.15	0.17	0.28	0.49	0.5
Other Assets	0.25	0.22	0.22	-0.82	0.21	0.28	0.17	0.2	-0.11	-0.27	-0.1	-0.8	-0.86		0.36	0.22	-0.29	-0.33	0.24	0.25	-0.21	0.03	-0.07	0.0	-0.08	-0.06
Cash And Short Term Investments	0.52	0.54	0.06	-0.23	0.52	0.77	0.33	0.47	0.35	0.39	0.48	-0.1	-0.2	0.36		0.47	0.35	-0.35	0.65	0.52	0.78	0.03	-0.3	0.3	0.37	0.37
Common Stock Shares Outstanding	0.82	0.83	-0.16	0.21	0.87	0.42	0.86	0.82	0.74	0.61	0.77	0.28	0.14	0.22	0.47		0.62	0.43	0.91	0.81	0.57	-0.21	0.34	0.92	0.53	0.55
Short Term Investments	0.75	0.75	-0.35	0.71	0.73	0.5	0.73	0.75	0.95	0.98	0.91	0.77	0.68	-0.29	0.35	0.62		0.67	0.52	0.75	0.78	-0.13	-0.08	0.56	0.85	0.87
Non Current Liabilities Total	0.47	0.45	-0.34	0.75	0.44	0.03	0.59	0.5	0.72	0.64	0.62	0.72	0.7	-0.33	-0.35	0.43	0.67		0.14	0.47	0.15	-0.19	0.43	0.46	0.58	0.62
Other Stockholder Equity	0.77	0.81	-0.12	0.07	0.84	0.47	0.73	0.77	0.61	0.53	0.7	0.17	0.02	0.24	0.65	0.91	0.52	0.14		0.76	0.65	-0.18	0.18	0.87	0.45	0.45
Total Liab	1.0	0.98	-0.21	0.23	0.98	0.72	0.93	0.96	0.85	0.77	0.83	0.31	0.2	0.25	0.52	0.81	0.75	0.47	0.76		0.65	-0.13	0.12	0.72	0.78	0.82
Total Current Assets	0.65	0.67	-0.19	0.43	0.65	0.71	0.51	0.63	0.72	0.82	0.8	0.54	0.45	-0.21	0.78	0.57	0.78	0.15	0.65	0.65		-0.06	-0.18	0.5	0.69	0.69
Short Term Debt	-0.13	-0.01	-0.74	-0.05	-0.15	0.02	-0.24	-0.12	-0.14	-0.14	-0.12	-0.13	-0.15	0.03	0.03	-0.21	-0.13	-0.19	-0.18	-0.13	-0.06		-0.19	-0.23	-0.02	-0.04
Intangible Assets	0.12	0.14	0.05	0.16	0.14	-0.05	0.24	0.18	0.09	-0.07	0.11	0.17	0.17	-0.07	-0.3	0.34	-0.08	0.43	0.18	0.12	-0.18	-0.19		0.45	-0.03	0.01
Common Stock	0.72	0.74	-0.18	0.33	0.81	0.26	0.81	0.72	0.65	0.53	0.69	0.39	0.28	0.0	0.3	0.92	0.56	0.46	0.87	0.72	0.5	-0.23	0.45		0.4	0.42
Property Plant Equipment	0.77	0.78	-0.38	0.53	0.71	0.64	0.64	0.77	0.9	0.89	0.85	0.59	0.49	-0.08	0.37	0.53	0.85	0.58	0.45	0.78	0.69	-0.02	-0.03	0.4		0.98
Long Term Debt	0.81	0.82	-0.36	0.53	0.74	0.69	0.69	0.83	0.93	0.91	0.85	0.59	0.5	-0.06	0.37	0.55	0.87	0.62	0.45	0.82	0.69	-0.04	0.01	0.42	0.98

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Shinhan Financial Account Relationship Matchups

Shinhan Financial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	552.4T	605.2T	648.2T	675.9T	691.8T	372.6T
Short Long Term Debt Total	107.6T	106.0T	113.1T	119.1T	126.0T	76.4T
Other Current Liab	(294.7B)	(15.7T)	(2.0T)	(13.8T)	(19.9T)	(18.9T)
Total Current Liabilities	12.0T	14.6T	14.1T	702.1B	257.7T	270.6T
Total Stockholder Equity	39.2T	44.1T	47.3T	48.4T	53.7T	27.9T
Other Liab	67.2T	70.4T	78.1T	23.9T	27.5T	16.8T
Property Plant And Equipment Net	4.1T	4.0T	5.4T	5.9T	6.1T	3.3T
Net Debt	78.0T	71.4T	83.6T	88.6T	90.4T	58.7T
Retained Earnings	25.5T	27.8T	30.5T	33.3T	36.4T	38.2T
Accounts Payable	11.9T	14.6T	14.0T	12.3T	18.9T	19.9T
Cash	29.6T	34.6T	29.5T	30.5T	35.6T	37.4T
Non Current Assets Total	169.2T	176.8T	191.2T	10.9T	864.0T	907.2T
Non Currrent Assets Other	(218.3B)	(215.3B)	(134.9B)	(183.1T)	651.7T	684.3T
Other Assets	282.2T	320.4T	347.2T	635.1T	(268.9T)	(255.4T)
Cash And Short Term Investments	89.0T	92.9T	94.4T	29.9T	30.4T	37.4T
Common Stock Shares Outstanding	477.3M	500.3M	534.0M	530.6M	519.2M	487.3M
Short Term Investments	59.4T	58.3T	64.8T	63.7T	90.3T	94.8T
Liabilities And Stockholders Equity	552.4T	605.2T	648.2T	675.9T	691.8T	372.6T
Non Current Liabilities Total	108.4T	107.0T	113.8T	624.1T	635.5T	667.2T
Other Stockholder Equity	11.2T	12.2T	11.2T	10.4T	11.8T	8.5T
Total Liab	510.5T	558.9T	598.6T	624.8T	635.5T	343.4T
Total Current Assets	101.0T	108.0T	109.8T	29.9T	96.7T	101.5T
Accumulated Other Comprehensive Income	(260.2B)	(404.2B)	(984.9B)	(3.6T)	2.3T	2.4T
Short Term Debt	86.8B	71.3B	42.4B	48.1B	34.1B	32.4B
Intangible Assets	868.7B	790.8B	974.6B	1.1T	1.5T	1.1T
Property Plant Equipment	4.1T	4.0T	4.0T	4.4T	5.0T	5.3T
Long Term Debt	100.4T	103.9T	111.1T	115.7T	125.8T	132.1T
Good Will	4.7T	4.7T	4.7T	4.7T	4.7T	3.3T
Other Current Assets	47.9T	58.4T	699.1B	1.1T	66.3T	116.8T
Property Plant And Equipment Gross	4.1T	4.0T	8.3T	8.8T	9.2T	9.7T
Net Receivables	12.1T	15.1T	15.2B	14.9T	21.0T	22.0T
Inventory	(47.9T)	(58.4T)	(54.9T)	(72.6T)	877.3B	921.2B
Deferred Long Term Liab	1.1T	1.2T	1.2T	454.3B	522.4B	875.5B
Net Tangible Assets	33.4T	38.4T	41.5T	43.1T	49.5T	29.7T
Long Term Debt Total	101.5T	104.5T	111.7T	116.4T	133.8T	85.9T
Capital Surpluse	9.9T	10.6T	12.2T	12.1T	13.9T	10.6T
Capital Lease Obligations	1.1T	594.2B	612.7B	623.3B	613.9B	390.3B

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When determining whether Shinhan Financial is a strong investment it is important to analyze Shinhan Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shinhan Financial's future performance. For an informed investment choice regarding Shinhan Stock, refer to the following important reports:

How To Invest In Shinhan

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Is Shinhan Stock a good investment?

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What is Shinhan Financial's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shinhan Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shinhan Financial. If investors know Shinhan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shinhan Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.108

Dividend Share

3.2 K

Earnings Share

6.23

Revenue Per Share

29 K

Quarterly Revenue Growth

2.224

The market value of Shinhan Financial is measured differently than its book value, which is the value of Shinhan that is recorded on the company's balance sheet. Investors also form their own opinion of Shinhan Financial's value that differs from its market value or its book value, called intrinsic value, which is Shinhan Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shinhan Financial's market value can be influenced by many factors that don't directly affect Shinhan Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shinhan Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shinhan Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shinhan Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Shinhan Cash vs Net Debt Analysis

Cash vs Net Debt

Cash vs Net Debt Correlation Analysis

Correlation Coefficient

Cash

Net Debt

Shinhan Financial fundamental ratios Correlations

Shinhan Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shinhan Financial fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Current Liabilities
Short Long Term Debt Total	+ 0.98	Total Assets
Net Debt	+ 0.98	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Other Assets	- 0.86	Non Currrent Assets Other
Other Assets	- 0.82	Total Current Liabilities
Other Assets	- 0.8	Non Current Assets Total
Short Term Debt	- 0.74	Other Current Liab
Total Current Liabilities	- 0.45	Other Current Liab
Property Plant Equipment	- 0.38	Other Current Liab