Shinhan Financial Group (055550) — Defensive Interval Ratio

Latest as of June 2023: 75 days

Shinhan Financial Group (055550) has a Defensive Interval Ratio of 75 days as of June 2023. Defensive assets of ₩85.02 Trillion (cash ₩-, short-term investments ₩85.02 Trillion, receivables ₩-) cover 75 days of daily cash needs of ₩1.14 Trillion/day. Check Shinhan Financial Group tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

75 days
Days of operational coverage

Defensive Assets

₩85.02 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₩1.14 Trillion
Current Liabilities ÷ 365

Current Liabilities

₩414.99 Trillion
KRW

Shinhan Financial Group Defensive Interval Ratio (2014–2022)

This chart shows how Shinhan Financial Group's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 75 days, meaning defensive assets of ₩85.02 Trillion can fund 75 days of operations without new revenue. Also explore Shinhan Financial Group annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shinhan Financial Group (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Shinhan Financial Group from 2014 to 2022, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see 055550 stock market capitalisation.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2022 66 days ₩75.15 Trillion ₩1.14 Trillion/day ₩- ₩63.66 Trillion ▼ -6 days
2021 72 days ₩77.59 Trillion ₩1.08 Trillion/day ₩- ₩64.84 Trillion ▲ +3 days
2020 69 days ₩70.83 Trillion ₩1.02 Trillion/day ₩- ₩58.32 Trillion ▼ -6 days
2019 76 days ₩69.72 Trillion ₩922.43 Billion/day ₩- ₩59.38 Trillion ▲ +19 days
2018 57 days ₩46.90 Trillion ₩827.15 Billion/day ₩- ₩38.31 Trillion ▼ -5 days
2017 62 days ₩48.44 Trillion ₩787.44 Billion/day ₩- ₩42.12 Trillion ▲ +4 days
2016 58 days ₩43.01 Trillion ₩743.03 Billion/day ₩- ₩37.66 Trillion ▲ +41 days
2015 17 days ₩11.57 Trillion ₩693.86 Billion/day ₩- ₩4.59 Trillion ▼ -16 days
2014 32 days ₩20.39 Trillion ₩631.17 Billion/day ₩- ₩15.00 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)