Shinhan Financial Group Co Ltd (SHG) - Total Liabilities
Based on the latest financial reports, Shinhan Financial Group Co Ltd (SHG) has total liabilities worth $692.50 Trillion USD as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Shinhan Financial Group Co Ltd - Total Liabilities Trend (2001–2024)
This chart illustrates how Shinhan Financial Group Co Ltd's total liabilities have evolved over time, based on quarterly financial data. See Shinhan Financial Group Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Shinhan Financial Group Co Ltd Competitors by Total Liabilities
The table below lists competitors of Shinhan Financial Group Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
NARI Technology Co Ltd
SHG:600406
|
China | CN¥38.53 Billion |
|
Advanced Info Service Public Company Limited
F:NVAA
|
Germany | €312.99 Billion |
|
Kraft Heinz Co
NASDAQ:KHC
|
USA | $40.00 Billion |
|
Tata Steel Limited
NSE:TATASTEEL
|
India | Rs1.97 Trillion |
|
EXPERIAN PLC ADR
F:J2BA
|
Germany | €8.14 Billion |
|
Celltrion Inc
KO:068270
|
Korea | ₩5.34 Trillion |
|
Tapestry Inc
NYSE:TPR
|
USA | $5.78 Billion |
|
Qnb Finansbank AS
IS:QNBTR
|
Turkey | TL1.88 Trillion |
Liability Composition Analysis (2001–2024)
This chart breaks down Shinhan Financial Group Co Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Shinhan Financial Group Co Ltd (SHG) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.31 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 12.11 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.92 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Shinhan Financial Group Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Shinhan Financial Group Co Ltd (2001–2024)
The table below shows the annual total liabilities of Shinhan Financial Group Co Ltd from 2001 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $680.94 Trillion | +7.16% |
| 2023-12-31 | $635.47 Trillion | +4.00% |
| 2022-12-31 | $611.01 Trillion | +3.27% |
| 2021-12-31 | $591.65 Trillion | +5.86% |
| 2020-12-31 | $558.88 Trillion | +9.48% |
| 2019-12-31 | $510.49 Trillion | +20.70% |
| 2018-12-31 | $422.95 Trillion | +7.73% |
| 2017-12-31 | $392.60 Trillion | +7.88% |
| 2016-12-31 | $363.94 Trillion | +7.44% |
| 2015-12-31 | $338.73 Trillion | +10.15% |
| 2014-12-31 | $307.51 Trillion | +9.26% |
| 2013-12-31 | $281.44 Trillion | +3.44% |
| 2012-12-31 | $272.07 Trillion | +4.14% |
| 2011-12-31 | $261.26 Trillion | +7.59% |
| 2010-12-31 | $242.83 Trillion | +3.62% |
| 2009-12-31 | $234.36 Trillion | -3.56% |
| 2008-12-31 | $243.01 Trillion | +18.76% |
| 2007-12-31 | $204.62 Trillion | +29.86% |
| 2006-12-31 | $157.57 Trillion | +8.44% |
| 2005-12-31 | $145.30 Trillion | +9.75% |
| 2004-12-31 | $132.39 Trillion | -4.11% |
| 2003-12-31 | $138.07 Trillion | +125.48% |
| 2002-12-31 | $61.23 Trillion | +17.32% |
| 2001-12-31 | $52.19 Trillion | -- |
About Shinhan Financial Group Co Ltd
Shinhan Financial Group Co., Ltd. provides financial products and services in South Korea and internationally. The company operates in six segments: Commercial Banking, Credit Card, Securities, 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 an… Read more