Shinhan Other Liab vs Property Plant Equipment 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 Other Liab and its Property Plant Equipment 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.

Other Liab vs Property Plant Equipment

Other Liab vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Other Liab account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shinhan Financial's Other Liab and Property Plant Equipment is 0.64. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Property Plant Equipment 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 Other Liab and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Shinhan Financial Group are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Liab i.e., Shinhan Financial's Other Liab and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Liab

Property Plant Equipment

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 Expense4.0T7.6T16.8T17.6T
Depreciation And Amortization902.7B999.7B1.2T1.2T

Shinhan Financial fundamental ratios Correlations

0.98-0.210.230.990.720.940.960.850.760.830.320.20.250.520.820.750.470.771.00.65-0.130.120.720.770.81
0.98-0.320.270.970.710.890.980.850.760.830.340.210.220.540.830.750.450.810.980.67-0.010.140.740.780.82
-0.21-0.32-0.45-0.21-0.03-0.12-0.22-0.36-0.36-0.36-0.37-0.310.220.06-0.16-0.35-0.34-0.12-0.21-0.19-0.740.05-0.18-0.38-0.36
0.230.27-0.450.24-0.010.30.280.620.70.560.990.98-0.82-0.230.210.710.750.070.230.43-0.050.160.330.530.53
0.990.97-0.210.240.640.950.950.820.740.820.320.20.210.520.870.730.440.840.980.65-0.150.140.810.710.74
0.720.71-0.03-0.010.640.510.690.560.560.570.110.030.280.770.420.50.030.470.720.710.02-0.050.260.640.69
0.940.89-0.120.30.950.510.890.810.70.780.360.260.170.330.860.730.590.730.930.51-0.240.240.810.640.69
0.960.98-0.220.280.950.690.890.860.760.80.360.230.20.470.820.750.50.770.960.63-0.120.180.720.770.83
0.850.85-0.360.620.820.560.810.860.960.950.680.57-0.110.350.740.950.720.610.850.72-0.140.090.650.90.93
0.760.76-0.360.70.740.560.70.760.960.930.760.67-0.270.390.610.980.640.530.770.82-0.14-0.070.530.890.91
0.830.83-0.360.560.820.570.780.80.950.930.630.52-0.10.480.770.910.620.70.830.8-0.120.110.690.850.85
0.320.34-0.370.990.320.110.360.360.680.760.630.98-0.8-0.10.280.770.720.170.310.54-0.130.170.390.590.59
0.20.21-0.310.980.20.030.260.230.570.670.520.98-0.86-0.20.140.680.70.020.20.45-0.150.170.280.490.5
0.250.220.22-0.820.210.280.170.2-0.11-0.27-0.1-0.8-0.860.360.22-0.29-0.330.240.25-0.210.03-0.070.0-0.08-0.06
0.520.540.06-0.230.520.770.330.470.350.390.48-0.1-0.20.360.470.35-0.350.650.520.780.03-0.30.30.370.37
0.820.83-0.160.210.870.420.860.820.740.610.770.280.140.220.470.620.430.910.810.57-0.210.340.920.530.55
0.750.75-0.350.710.730.50.730.750.950.980.910.770.68-0.290.350.620.670.520.750.78-0.13-0.080.560.850.87
0.470.45-0.340.750.440.030.590.50.720.640.620.720.7-0.33-0.350.430.670.140.470.15-0.190.430.460.580.62
0.770.81-0.120.070.840.470.730.770.610.530.70.170.020.240.650.910.520.140.760.65-0.180.180.870.450.45
1.00.98-0.210.230.980.720.930.960.850.770.830.310.20.250.520.810.750.470.760.65-0.130.120.720.780.82
0.650.67-0.190.430.650.710.510.630.720.820.80.540.45-0.210.780.570.780.150.650.65-0.06-0.180.50.690.69
-0.13-0.01-0.74-0.05-0.150.02-0.24-0.12-0.14-0.14-0.12-0.13-0.150.030.03-0.21-0.13-0.19-0.18-0.13-0.06-0.19-0.23-0.02-0.04
0.120.140.050.160.14-0.050.240.180.09-0.070.110.170.17-0.07-0.30.34-0.080.430.180.12-0.18-0.190.45-0.030.01
0.720.74-0.180.330.810.260.810.720.650.530.690.390.280.00.30.920.560.460.870.720.5-0.230.450.40.42
0.770.78-0.380.530.710.640.640.770.90.890.850.590.49-0.080.370.530.850.580.450.780.69-0.02-0.030.40.98
0.810.82-0.360.530.740.690.690.830.930.910.850.590.5-0.060.370.550.870.620.450.820.69-0.040.010.420.98
Click cells to compare fundamentals

Shinhan Financial Account Relationship Matchups

Shinhan Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets552.4T605.2T648.2T675.9T691.8T372.6T
Short Long Term Debt Total107.6T106.0T113.1T119.1T126.0T76.4T
Other Current Liab(294.7B)(15.7T)(2.0T)(13.8T)(19.9T)(18.9T)
Total Current Liabilities12.0T14.6T14.1T702.1B257.7T270.6T
Total Stockholder Equity39.2T44.1T47.3T48.4T53.7T27.9T
Other Liab67.2T70.4T78.1T23.9T27.5T16.8T
Property Plant And Equipment Net4.1T4.0T5.4T5.9T6.1T3.3T
Net Debt78.0T71.4T83.6T88.6T90.4T58.7T
Retained Earnings25.5T27.8T30.5T33.3T36.4T38.2T
Accounts Payable11.9T14.6T14.0T12.3T18.9T19.9T
Cash29.6T34.6T29.5T30.5T35.6T37.4T
Non Current Assets Total169.2T176.8T191.2T10.9T864.0T907.2T
Non Currrent Assets Other(218.3B)(215.3B)(134.9B)(183.1T)651.7T684.3T
Other Assets282.2T320.4T347.2T635.1T(268.9T)(255.4T)
Cash And Short Term Investments89.0T92.9T94.4T29.9T30.4T37.4T
Common Stock Shares Outstanding477.3M500.3M534.0M530.6M519.2M487.3M
Short Term Investments59.4T58.3T64.8T63.7T90.3T94.8T
Liabilities And Stockholders Equity552.4T605.2T648.2T675.9T691.8T372.6T
Non Current Liabilities Total108.4T107.0T113.8T624.1T635.5T667.2T
Other Stockholder Equity11.2T12.2T11.2T10.4T11.8T8.5T
Total Liab510.5T558.9T598.6T624.8T635.5T343.4T
Total Current Assets101.0T108.0T109.8T29.9T96.7T101.5T
Accumulated Other Comprehensive Income(260.2B)(404.2B)(984.9B)(3.6T)2.3T2.4T
Short Term Debt86.8B71.3B42.4B48.1B34.1B32.4B
Intangible Assets868.7B790.8B974.6B1.1T1.5T1.1T
Property Plant Equipment4.1T4.0T4.0T4.4T5.0T5.3T
Long Term Debt100.4T103.9T111.1T115.7T125.8T132.1T
Good Will4.7T4.7T4.7T4.7T4.7T3.3T
Other Current Assets47.9T58.4T699.1B1.1T66.3T116.8T
Property Plant And Equipment Gross4.1T4.0T8.3T8.8T9.2T9.7T
Net Receivables12.1T15.1T15.2B14.9T21.0T22.0T
Inventory(47.9T)(58.4T)(54.9T)(72.6T)877.3B921.2B
Deferred Long Term Liab1.1T1.2T1.2T454.3B522.4B875.5B
Net Tangible Assets33.4T38.4T41.5T43.1T49.5T29.7T
Long Term Debt Total101.5T104.5T111.7T116.4T133.8T85.9T
Capital Surpluse9.9T10.6T12.2T12.1T13.9T10.6T
Capital Lease Obligations1.1T594.2B612.7B623.3B613.9B390.3B

Currently Active Assets on Macroaxis

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:
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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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.