Shinhan Accounts Payable from 2010 to 2024

SHG Stock  USD 38.58  1.68  4.17%   
Shinhan Financial's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 19.9 T this year. Accounts Payable is the amount Shinhan Financial Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Shinhan Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2001-12-31
Previous Quarter
16.6 T
Current Value
18.9 T
Quarterly Volatility
105.6 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 Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Shinhan Financial Group over the last few years. An accounting item on the balance sheet that represents Shinhan Financial obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Shinhan Financial are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Shinhan Financial's Accounts Payable 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.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Shinhan Accounts Payable Regression Statistics

Arithmetic Mean9,569,382,560,467
Geometric Mean5,109,763,294,820
Coefficient Of Variation61.28
Mean Deviation4,585,628,923,564
Median8,535,444,000,000
Standard Deviation5,863,775,678,569
Sample Variance34383865208577.1T
Range19.8T
R-Value0.96
Mean Square Error2929267201306.4T
R-Squared0.92
Slope1,258,249,406,493
Total Sum of Squares481374112920078.8T

Shinhan Accounts Payable History

202419.9 T
202318.9 T
202212.3 T
202114 T
202014.6 T
201911.9 T
20189.7 T

About Shinhan Financial Financial Statements

Shinhan Financial stakeholders use historical fundamental indicators, such as Shinhan Financial's Accounts Payable, 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
Accounts Payable18.9 T19.9 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.
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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
6.24
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.