Shinhan Other Current Assets from 2010 to 2024

SHG Stock  USD 39.75  0.09  0.23%   
Shinhan Financial's Other Current Assets are decreasing over the last several years with slightly volatile swings. Other Current Assets are estimated to finish at about 116.8 T this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2003-06-30
Previous Quarter
66.3 T
Current Value
41 T
Quarterly Volatility
93.5 T
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shinhan Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shinhan Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 T, Interest Expense of 17.6 T or Selling General Administrative of 6.9 T, as well as many indicators such as Price To Sales Ratio of 1.93, Dividend Yield of 0.0751 or PTB Ratio of 0.39. Shinhan financial statements analysis is a perfect complement when working with Shinhan Financial Valuation or Volatility modules.
  
Check out the analysis of Shinhan Financial Correlation against competitors.

Latest Shinhan Financial's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Shinhan Financial Group over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Shinhan Financial's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shinhan Financial's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Shinhan Other Current Assets Regression Statistics

Arithmetic MeanHuge
Geometric MeanHuge
Coefficient Of Variation67.97
Mean DeviationHuge
MedianHuge
Standard DeviationHuge
Sample Variance8831266065629304T
Range274.2T
R-Value(0.45)
Mean Square Error7562718774025825T
R-Squared0.20
Significance0.09
Slope(9,509,840,928,607)
Total Sum of Squares123637724918810256T

Shinhan Other Current Assets History

2024116.8 T
202366.3 T
20221.1 T
2021699.1 B
202058.4 T
201947.9 T
2018274.9 T

About Shinhan Financial Financial Statements

Shinhan Financial stakeholders use historical fundamental indicators, such as Shinhan Financial's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Shinhan Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shinhan Financial's assets and liabilities are reflected in the revenues and expenses on Shinhan Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shinhan Financial Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets66.3 T116.8 T

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 the analysis of Shinhan Financial Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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
6.2
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.