Shinhan Financial Group Co., Ltd.
Balance Sheet
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The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Shinhan Financial Group Co., Ltd.'s balance sheet done over the years? Its assets were worth $691,795,333,000,000 last year, which is more than in the previous period. 92% of Shinhan Financial Group Co., Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $635,473,468,000,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2014 | 338021804000000 | 307.50T | 90.97% |
|---|---|---|---|
| 2015 | 370539622000000 | 338.72T | 91.42% |
| 2016 | 395680324000000 | 363.93T | 91.98% |
| 2017 | 426305656000000 | 392.60T | 92.09% |
| 2018 | 459600510000000 | 422.94T | 92.03% |
| 2019 | 552419581000000 | 510.48T | 92.41% |
| 2020 | 605234104000000 | 558.87T | 92.34% |
| 2021 | 648152185000000 | 598.61T | 92.36% |
| 2022 | 675884281000000 | 624.75T | 92.44% |
| 2023 | 691795333000000 | 635.47T | 91.86% |
SHG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 35.63T | 30.54T | 29.53T | 34.55T | 29.60T | 18.50T | 23.82T | 20.34T | 23.23T | 21.89T |
Short term investments | 90.31T | 63.66T | 64.83T | 58.31T | 59.38T | 38.31T | 42.11T | 37.66T | 33.96T | 31.41T |
Net receivables | 0 | 14.87T | 15.42T | 15.09T | 12.05T | 9.60T | 0 | 6.68T | 8.29T | 6.77T |
Inventory | 0 | -72.57T | -54.94T | -58.36T | -47.94T | 0 | -65.72T | 0 | 0 | 0 |
Other current assets | 66.25T | 57.72T | 54.94T | 58.36T | 47.94T | 0 | 383.58B | 0 | 0 | 0 |
Total current assets | 96.65T | 29.92T | 109.79T | 107.97T | 101.04T | 66.42T | 73.88T | 64.69T | 65.49T | 60.08T |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 6.05T | 5.94T | 5.44T | 3.98T | 4.08T | 3.00T | 3.02T | 3.14T | 3.03T | 3.14T |
Goodwill | 4.67T | 4.68T | 4.67T | 4.68T | 4.69T | 3.90T | 3.91T | 3.87T | 3.88T | 3.82T |
Intangible assets | 1.54T | 1.12T | 974.64B | 790.82B | 868.66B | 416.61B | 356.80B | 353.45B | 393.55B | 328.19B |
Long term investments | 199.90T | 181.18T | 180.08T | 167.34T | 159.57T | 110.99T | 99.78T | 87.93T | 76.43T | 72.23T |
Other non-current assets | 651.67T | -183.11T | -134.85B | -215.34B | -218.25B | -118.32T | -592.28B | -95.30T | -163.94B | -79.53T |
Total non-current assets | 864.00T | 10.87T | 191.17T | 176.81T | 169.22T | 118.32T | 107.07T | 95.30T | 83.74T | 79.53T |
Total assets | 691.79T | 675.88T | 648.15T | 605.23T | 552.41T | 459.60T | 426.30T | 395.68T | 370.53T | 338.02T |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 637.89B | 574.13B | 317.28B | 294.71B | 0 | 523.26B | 0 | 351.31B | 0 |
Short term debt | 34.07B | 48.07B | 42.43B | 71.30B | 86.79B | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 702.14B | 14.08T | 14.64T | 11.98T | 9.74T | 36.11T | 7.25T | 8.53T | 6.76T |
| Non-current liabilities: | ||||||||||
Long term debt | 125.96T | 119.07T | 113.09T | 105.92T | 107.50T | 96.04T | 0 | 73.06T | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 509.51T | 504.16T | -113.84T | -106.98T | -108.42T | -86.68T | 0 | -66.37T | 0 | 0 |
Total non-current liabilities | 635.47T | 624.05T | 113.84T | 106.98T | 108.42T | 9.74T | 36.11T | 7.25T | 8.53T | 6.76T |
Total liabilities | 635.47T | 624.75T | 598.61T | 558.87T | 510.48T | 422.94T | 392.60T | 363.93T | 338.72T | 307.50T |
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