Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Co., Ltd.verified

SHG

Price:

$42.745

Market Cap:

$28.60T

Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates through six segments: Banking, Credit Card, Securities, Life Insurance, Credit, and Others. It offers retail banking services, including demand, savings, and fixed deposit-taking; checking accounts; mortgage and home equity, and retail lending; electronic banking and automatic teller machines (ATM); and bill paying, payroll and check-cashing, currency exchange, and wire fund transfer services. The company also provides corporate banking services, such as investment banking, real estate financing, overseas real estate and development project financing, infrastruc...[Read more]

Industry

Banks - Regional

IPO Date

2003-09-17

Stock Exchange

NYSE

Ticker

SHG

The Current Ratio as of September 2024 (TTM) for Shinhan Financial Group Co., Ltd. (SHG) is 0.23

According to Shinhan Financial Group Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of 4.67% compared to the average of 0.22 of the last 4 quarters.

Shinhan Financial Group Co., Ltd. (SHG) Historical Current Ratio (quarterly & annually)

How has SHG Current Ratio performed in the past?

The mean historical Current Ratio of Shinhan Financial Group Co., Ltd. over the last ten years is 10.08. The current 0.23 Current Ratio has changed 130.15% with respect to the historical average. Over the past ten years (40 quarters), SHG's Current Ratio was at its highest in in the September 2017 quarter at 2.49K. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

10.08

Median

7.73

Minimum

0.26

Maximum

42.61

Shinhan Financial Group Co., Ltd. (SHG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Shinhan Financial Group Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 446.65%

Maximum Annual Current Ratio = 42.61

Minimum Annual Increase = -99.40%

Minimum Annual Current Ratio = 0.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.26-99.40%
202242.61446.65%
20217.805.70%
20207.37-12.55%
20198.4323.77%
20186.81233.01%
20172.05-77.04%
20168.9116.16%
20157.67-13.63%
20148.88-23.39%

Shinhan Financial Group Co., Ltd. (SHG) Average Current Ratio

How has SHG Current Ratio performed in the past?

The current Current Ratio of Shinhan Financial Group Co., Ltd. (SHG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

16.89

5-year avg

13.30

10-year avg

10.08

Shinhan Financial Group Co., Ltd. (SHG) Current Ratio vs. Peers

How is SHG’s Current Ratio compared to its peers?

Shinhan Financial Group Co., Ltd.’s Current Ratio is less than HMN Financial, Inc. (0), less than Community West Bancshares (4.41), greater than First Financial Northwest, Inc. (0.05), greater than Ponce Financial Group, Inc. (0.05), greater than FinWise Bancorp (0.10), less than HV Bancorp, Inc. (0.49), greater than Magyar Bancorp, Inc. (0), greater than Oconee Federal Financial Corp. (0.09), greater than Cullman Bancorp, Inc. (0.22), less than Home Federal Bancorp, Inc. of Louisiana (76.62), less than Lake Shore Bancorp, Inc. (0.28), greater than null (0.21),

Build a custom stock screener for Shinhan Financial Group Co., Ltd. (SHG) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Shinhan Financial Group Co., Ltd. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Shinhan Financial Group Co., Ltd. (SHG) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Shinhan Financial Group Co., Ltd. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Shinhan Financial Group Co., Ltd.'s Current Ratio?

How is the Current Ratio calculated for Shinhan Financial Group Co., Ltd. (SHG)?

What is the highest Current Ratio for Shinhan Financial Group Co., Ltd. (SHG)?

What is the 3-year average Current Ratio for Shinhan Financial Group Co., Ltd. (SHG)?

What is the 5-year average Current Ratio for Shinhan Financial Group Co., Ltd. (SHG)?

How does the current Current Ratio for Shinhan Financial Group Co., Ltd. (SHG) compare to its historical average?