Shinhan Good Will vs Net Debt Analysis
SHG Stock | USD 35.07 1.05 2.91% |
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 Good Will 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 tightly coupled with the direction of predictive economic indicators such as signals in rate.
Good Will vs Net Debt
Good Will vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Good Will account and Net Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Shinhan Financial's Good Will and Net Debt is 0.78. Overlapping area represents the amount of variation of Good Will 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 Good Will 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 Good Will 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 Good Will i.e., Shinhan Financial's Good Will and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Shinhan Financial's Enterprise Value Multiple is most likely to increase significantly in the upcoming years. The Shinhan Financial's current Enterprise Value is estimated to increase to about 134.2 T, while Tax Provision is projected to decrease to roughly 1.2 T.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 21.9T | 22.6T | 61.3T | 64.4T | Total Revenue | 21.9T | 22.6T | 36.4T | 38.2T |
Shinhan Financial fundamental ratios Correlations
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Shinhan Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 143.3T | 76.6T | |
Other Current Liab | (294.7B) | (317.3B) | (574.1B) | (12.4T) | 161.7T | 169.7T | |
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 | 49.7T | 27.7T | |
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 | 107.7T | 59.5T | |
Retained Earnings | 25.5T | 27.8T | 30.5T | 33.3T | 36.4T | 38.2T | |
Accounts Payable | 11.9T | 14.6T | 14.0T | 12.5T | 16.6T | 17.4T | |
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 | 625.5T | 656.8T | |
Non Currrent Assets Other | (218.3B) | (215.3B) | (134.9B) | (183.1T) | 610.2T | 640.7T | |
Other Assets | 282.2T | 320.4T | 347.2T | 635.1T | 730.4T | 766.9T | |
Cash And Short Term Investments | 89.0T | 92.9T | 94.4T | 29.9T | (21.9T) | (20.8T) | |
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 | 381.7T | 400.8T | |
Other Stockholder Equity | 11.2T | 13.7T | 14.8T | 15.7T | 11.2T | 8.9T | |
Total Liab | 510.5T | 558.9T | 598.6T | 624.8T | 639.5T | 343.6T | |
Total Current Assets | 101.0T | 108.0T | 109.8T | 29.9T | 66.3T | 43.5T | |
Accumulated Other Comprehensive Income | (260.2B) | (404.2B) | (984.9B) | (3.6T) | (1.1T) | (1.0T) | |
Short Term Debt | 86.8B | 71.3B | 42.4B | 48.1B | 78.8T | 82.8T | |
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 | 54.9T | 57.7T | 66.3T | 120.8T | |
Property Plant And Equipment Gross | 4.1T | 4.0T | 8.3T | 8.8T | 9.2T | 9.7T | |
Net Receivables | 12.1T | 15.1T | 15.4T | 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: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 tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Shinhan Financial information on this page should be used as a complementary analysis to other Shinhan Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Shinhan Financial's price analysis, check to measure Shinhan Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shinhan Financial is operating at the current time. Most of Shinhan Financial's value examination focuses on studying past and present price action to predict the probability of Shinhan Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinhan Financial's price. Additionally, you may evaluate how the addition of Shinhan Financial to your portfolios can decrease your overall portfolio volatility.
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Is Shinhan Financial's industry 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 (0.01) | Dividend Share 2.6 K | Earnings Share 5.91 | Revenue Per Share 28.1 K | Quarterly Revenue Growth 0.09 |
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.