Shinhan Financial Group (055550) — Working Capital to Net Assets Ratio

Latest as of June 2023: -335.4%

Shinhan Financial Group (055550) has a Working Capital to Net Assets ratio of -335.4% as of June 2023. Working capital of ₩-187.92 Trillion (current assets of ₩227.07 Trillion minus current liabilities of ₩414.99 Trillion) is measured against net assets of ₩56.03 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 055550 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

-335.4%
Working Capital / Net Assets

Working Capital

₩-187.92 Trillion
KRW

Current Assets

₩227.07 Trillion
KRW

Current Liabilities

₩414.99 Trillion
KRW

Shinhan Financial Group Working Capital to Net Assets (2014–2022)

This chart shows how Shinhan Financial Group's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at -335.4%, reflecting working capital of ₩-187.92 Trillion against net assets of ₩56.03 Trillion KRW. For the complete balance sheet picture, see 055550 total assets.

Annual Working Capital to Net Assets for Shinhan Financial Group (2014–2022)

The table below presents the year-by-year Working Capital to Net Assets ratio for Shinhan Financial Group from 2014 to 2022, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Shinhan Financial Group (055550) asset resilience to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (KRW) Net Assets Current Assets Current Liabilities Change (pp)
2022 -367.6% ₩-187.93 Trillion ₩51.13 Trillion ₩228.24 Trillion ₩416.17 Trillion ▼ -24.5 pp
2021 -343.0% ₩-169.93 Trillion ₩49.54 Trillion ₩224.21 Trillion ₩394.14 Trillion ▲ +214.3 pp
2020 -557.3% ₩-258.35 Trillion ₩46.36 Trillion ₩114.84 Trillion ₩373.19 Trillion ▲ +11.6 pp
2019 -568.9% ₩-238.54 Trillion ₩41.93 Trillion ₩98.15 Trillion ₩336.69 Trillion ▲ +52.4 pp
2018 -621.3% ₩-227.70 Trillion ₩36.65 Trillion ₩74.21 Trillion ₩301.91 Trillion ▲ +41.7 pp
2017 -663.0% ₩-223.44 Trillion ₩33.70 Trillion ₩63.98 Trillion ₩287.41 Trillion ▲ +11.5 pp
2016 -674.5% ₩-214.11 Trillion ₩31.74 Trillion ₩57.10 Trillion ₩271.20 Trillion ▼ -56.0 pp
2015 -618.4% ₩-196.75 Trillion ₩31.81 Trillion ₩56.51 Trillion ₩253.26 Trillion ▼ -43.3 pp
2014 -575.2% ₩-175.51 Trillion ₩30.51 Trillion ₩54.86 Trillion ₩230.38 Trillion
pp = percentage points