Shinhan Retained Earnings vs Long Term Debt Analysis

SHG Stock  USD 35.56  0.10  0.28%   
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 Retained Earnings and its Long Term 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.

Retained Earnings vs Long Term Debt

Retained Earnings vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shinhan Financial Retained Earnings account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Shinhan Financial's Retained Earnings and Long Term Debt is 0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term 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 Retained Earnings and Long Term 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 Retained Earnings of Shinhan Financial Group are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Retained Earnings i.e., Shinhan Financial's Retained Earnings and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Shinhan Financial has held for over one year. Long-term debt appears on Shinhan Financial Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Shinhan Financial Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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 Profit21.9T22.6T61.3T64.4T
Total Revenue21.9T22.6T36.4T38.2T

Shinhan Financial fundamental ratios Correlations

0.980.230.230.990.720.940.960.850.810.830.350.190.640.270.820.750.510.871.00.640.190.120.720.770.81
0.980.330.340.970.670.920.990.860.820.830.460.30.680.170.820.770.520.820.980.60.30.170.760.780.81
0.230.330.980.18-0.020.320.370.60.590.540.960.990.79-0.70.20.70.53-0.040.23-0.060.930.190.330.50.5
0.230.340.980.19-0.010.30.380.620.610.560.970.980.8-0.690.210.710.51-0.040.24-0.050.980.160.330.530.53
0.990.970.180.190.660.940.940.820.770.820.310.140.590.320.880.710.450.920.980.660.140.120.80.710.74
0.720.67-0.02-0.010.660.510.640.560.620.570.170.040.220.580.420.50.070.560.720.8-0.04-0.050.260.640.69
0.940.920.320.30.940.510.910.810.720.780.380.260.70.090.860.730.640.850.930.460.240.240.810.640.69
0.960.990.370.380.940.640.910.870.80.80.490.330.710.10.790.770.550.780.960.540.340.20.740.770.82
0.850.860.60.620.820.560.810.870.960.950.70.560.9-0.060.740.950.660.690.850.470.570.090.650.90.93
0.810.820.590.610.770.620.720.80.960.940.710.580.810.040.640.970.480.620.810.60.56-0.110.530.90.92
0.830.830.540.560.820.570.780.80.950.940.660.520.80.070.770.910.560.720.830.580.510.110.690.850.85
0.350.460.960.970.310.170.380.490.70.710.660.970.79-0.520.320.790.450.080.360.160.930.160.410.610.62
0.190.30.990.980.140.040.260.330.560.580.520.970.73-0.650.140.680.45-0.10.2-0.010.940.170.280.490.5
0.640.680.790.80.590.220.70.710.90.810.80.790.73-0.480.570.870.850.440.640.060.760.220.550.770.8
0.270.17-0.7-0.690.320.580.090.1-0.060.040.07-0.52-0.65-0.480.24-0.11-0.520.460.270.74-0.7-0.310.050.010.0
0.820.820.20.210.880.420.860.790.740.640.770.320.140.570.240.620.470.930.810.530.150.340.920.530.55
0.750.770.70.710.710.50.730.770.950.970.910.790.680.87-0.110.620.550.550.750.480.67-0.080.560.850.87
0.510.520.530.510.450.070.640.550.660.480.560.450.450.85-0.520.470.550.40.51-0.260.490.490.450.520.57
0.870.82-0.04-0.040.920.560.850.780.690.620.720.08-0.10.440.460.930.550.40.870.61-0.10.170.780.530.56
1.00.980.230.240.980.720.930.960.850.810.830.360.20.640.270.810.750.510.870.630.190.120.720.780.82
0.640.6-0.06-0.050.660.80.460.540.470.60.580.16-0.010.060.740.530.48-0.260.610.63-0.09-0.260.420.480.48
0.190.30.930.980.14-0.040.240.340.570.560.510.930.940.76-0.70.150.670.49-0.10.19-0.090.120.270.510.5
0.120.170.190.160.12-0.050.240.20.09-0.110.110.160.170.22-0.310.34-0.080.490.170.12-0.260.120.45-0.030.01
0.720.760.330.330.80.260.810.740.650.530.690.410.280.550.050.920.560.450.780.720.420.270.450.40.42
0.770.780.50.530.710.640.640.770.90.90.850.610.490.770.010.530.850.520.530.780.480.51-0.030.40.98
0.810.810.50.530.740.690.690.820.930.920.850.620.50.80.00.550.870.570.560.820.480.50.010.420.98
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 Total107.6T106.0T113.1T119.1T143.3T76.6T
Other Current Liab(294.7B)(317.3B)(574.1B)(12.4T)161.7T169.7T
Total Current Liabilities12.0T14.6T14.1T702.1B257.7T270.6T
Total Stockholder Equity39.2T44.1T47.3T48.4T49.7T27.7T
Other Liab67.2T70.4T78.1T23.9T27.5T16.8T
Property Plant And Equipment Net4.1T4.0T5.4T5.9T6.1T3.3T
Net Debt78.0T71.4T83.6T88.6T107.7T59.5T
Retained Earnings25.5T27.8T30.5T33.3T36.4T38.2T
Accounts Payable11.9T14.6T14.0T12.5T16.6T17.4T
Cash29.6T34.6T29.5T30.5T35.6T37.4T
Non Current Assets Total169.2T176.8T191.2T10.9T625.5T656.8T
Non Currrent Assets Other(218.3B)(215.3B)(134.9B)(183.1T)610.2T640.7T
Other Assets282.2T320.4T347.2T635.1T730.4T766.9T
Cash And Short Term Investments89.0T92.9T94.4T29.9T(21.9T)(20.8T)
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 Total108.4T107.0T113.8T624.1T381.7T400.8T
Other Stockholder Equity11.2T13.7T14.8T15.7T11.2T8.9T
Total Liab510.5T558.9T598.6T624.8T639.5T343.6T
Total Current Assets101.0T108.0T109.8T29.9T66.3T43.5T
Accumulated Other Comprehensive Income(260.2B)(404.2B)(984.9B)(3.6T)(1.1T)(1.0T)
Short Term Debt86.8B71.3B42.4B48.1B78.8T82.8T
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 Assets47.9T58.4T54.9T57.7T66.3T120.8T
Property Plant And Equipment Gross4.1T4.0T8.3T8.8T9.2T9.7T
Net Receivables12.1T15.1T15.4T14.9T21.0T22.0T
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

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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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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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
0.614
Dividend Share
1.6 K
Earnings Share
5.87
Revenue Per Share
29.9 K
Quarterly Revenue Growth
5.466
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.