Shinhan Financial Group total debt 2001–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Shinhan Financial Group's total debt was 156.31T KRW on 30 June 2026, up 8.2% on a year before. At the end of fiscal year 2025 it was 154.21T KRW.
Last updated 8 Nov 2026 · Next report 2 Mar 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Jun 2026 | 156.31T | +8.22% | 152.86T | -3.45T | 2.60 |
| FY2025 | 31 Dec 2025 | 154.21T | +2.63% | 27.68T | -126.53T | 2.90 |
| FY2024 | 31 Dec 2024 | 150.26T | +4.50% | 135.48T | -14.78T | 2.68 |
| FY2023 | 31 Dec 2023 | 143.78T | +11.71% | 126.08T | -17.71T | 2.68 |
| FY2022 | 31 Dec 2022 | 128.72T | -4.43% | 116.54T | -12.18T | 2.54 |
| FY2021 | 31 Dec 2021 | 134.68T | +15.05% | 119.94T | -14.74T | 2.81 |
| FY2020 | 31 Dec 2020 | 117.06T | +2.46% | 92.87T | -24.19T | 2.66 |
| FY2019 | 31 Dec 2019 | 114.25T | +21.91% | 88.99T | -25.26T | 2.92 |
| FY2018 | 31 Dec 2018 | 93.72T | -15.24% | 56.82T | -36.90T | 2.62 |
| FY2017 | 31 Dec 2017 | 110.57T | +51.33% | 65.94T | -44.63T | 3.37 |
| FY2016 | 31 Dec 2016 | 73.07T | +10.83% | 58.01T | -15.06T | 2.35 |
| FY2015 | 31 Dec 2015 | 65.93T | +5.77% | 57.20T | -8.72T | 2.14 |
| FY2014 | 31 Dec 2014 | 62.33T | +4.00% | 53.31T | -9.02T | 2.14 |
| FY2013 | 31 Dec 2013 | 59.93T | -0.88% | 51.42T | -8.51T | 2.18 |
| FY2012 | 31 Dec 2012 | 60.47T | -1.27% | 51.15T | -9.32T | 2.29 |
| FY2011 | 31 Dec 2011 | 61.24T | -7.82% | 50.17T | -11.08T | 2.51 |
| FY2010 | 31 Dec 2010 | 66.44T | +6.39% | 11.82T | -54.62T | 2.69 |
| FY2009 | 31 Dec 2009 | 62.45T | -24.85% | 7.85T | -54.60T | 3.09 |
| FY2008 | 31 Dec 2008 | 83.10T | +12.68% | 4.33T | -78.78T | 4.71 |
| FY2007 | 31 Dec 2007 | 73.75T | +49.63% | 5.97T | -67.78T | 4.36 |
| FY2006 | 31 Dec 2006 | 49.29T | +9.14% | 2.30T | -46.98T | 5.18 |
| FY2005 | 31 Dec 2005 | 45.16T | +14.35% | 3.03T | -42.13T | 5.58 |
| FY2004 | 31 Dec 2004 | 39.49T | +16.15% | 2.57T | -36.92T | 6.39 |
| FY2003 | 31 Dec 2003 | 34.00T | +70.56% | 2.42T | -31.58T | 7.90 |
| FY2002 | 31 Dec 2002 | 19.93T | +246.14% | 407.07B | -19.53T | 6.11 |
| FY2001 | 31 Dec 2001 | 5.76T | — | 580.00B | -5.18T | 1.98 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | 156.31T | +8.22% | 152.86T | -3.45T | 2.60 |
| Q1 FY2026 | 31 Mar 2026 | 145.30T | +2.93% | 144.99T | -308.22B | 2.46 |
| Q4 FY2025 | 31 Dec 2025 | 156.57T | +4.20% | 144.61T | -11.96T | 2.70 |
| Q3 FY2025 | 30 Sept 2025 | 144.64T | -0.40% | 147.05T | 2.41T | 2.50 |
| Q2 FY2025 | 30 Jun 2025 | 144.44T | -0.04% | 137.15T | -7.28T | 2.53 |
| Q1 FY2025 | 31 Mar 2025 | 141.16T | +0.81% | 137.86T | -3.30T | 2.48 |
| Q4 FY2024 | 31 Dec 2024 | 150.26T | +4.50% | 135.48T | -14.78T | 2.68 |
| Q3 FY2024 | 30 Sept 2024 | 145.22T | +9.01% | 135.83T | -9.38T | 2.59 |
| Q2 FY2024 | 30 Jun 2024 | 144.49T | +15.90% | 123.86T | -20.63T | 2.63 |
| Q1 FY2024 | 31 Mar 2024 | 140.03T | +9.75% | 123.34T | -16.68T | 2.57 |
| Q4 FY2023 | 31 Dec 2023 | 143.78T | +11.71% | 126.08T | -17.71T | 2.68 |
| Q3 FY2023 | 30 Sept 2023 | 133.22T | -3.20% | 122.28T | -10.94T | 2.48 |
| Q2 FY2023 | 30 Jun 2023 | 124.67T | -5.01% | 122.64T | -2.03T | 2.34 |
| Q1 FY2023 | 31 Mar 2023 | 127.59T | +1.68% | 121.76T | -5.83T | 2.42 |
| Q4 FY2022 | 31 Dec 2022 | 128.72T | -4.43% | 116.54T | -12.18T | 2.54 |
| Q3 FY2022 | 30 Sept 2022 | 137.62T | +15.46% | 103.21T | -34.42T | 2.84 |
| Q2 FY2022 | 30 Jun 2022 | 131.25T | +9.94% | 97.09T | -34.16T | 2.77 |
| Q1 FY2022 | 31 Mar 2022 | 125.48T | +8.47% | 95.86T | -29.62T | 2.65 |
| Q4 FY2021 | 31 Dec 2021 | 134.68T | +15.05% | 119.94T | -14.74T | 2.81 |
| Q3 FY2021 | 30 Sept 2021 | 119.19T | +18.10% | 93.86T | -25.33T | 2.53 |
| Q2 FY2021 | 30 Jun 2021 | 119.38T | +6.51% | 86.10T | -33.28T | 2.58 |
| Q1 FY2021 | 31 Mar 2021 | 115.68T | +3.36% | 88.80T | -26.88T | 2.60 |
| Q4 FY2020 | 31 Dec 2020 | 117.06T | +2.46% | 92.87T | -24.19T | 2.66 |
| Q3 FY2020 | 30 Sept 2020 | 100.92T | -4.95% | 9.65T | -91.27T | 2.30 |
| Q2 FY2020 | 30 Jun 2020 | 112.08T | +10.21% | 88.15T | -23.94T | 2.71 |
| Q1 FY2020 | 31 Mar 2020 | 111.92T | +15.93% | 90.23T | -21.70T | 2.78 |
| Q4 FY2019 | 31 Dec 2019 | 114.25T | +21.91% | 88.99T | -25.26T | 2.92 |
| Q3 FY2019 | 30 Sept 2019 | 106.17T | +21.90% | 81.38T | -24.80T | 2.73 |
| Q2 FY2019 | 30 Jun 2019 | 101.70T | -11.20% | 78.01T | -23.68T | 2.67 |
| Q1 FY2019 | 31 Mar 2019 | 96.54T | -8.94% | 72.64T | -23.90T | 2.67 |
| Q4 FY2018 | 31 Dec 2018 | 93.72T | -15.24% | 56.82T | -36.90T | 2.62 |
| Q3 FY2018 | 30 Sept 2018 | 87.10T | +10.27% | 57.57T | -29.53T | 2.47 |
| Q2 FY2018 | 30 Jun 2018 | 114.53T | +49.76% | 58.22T | -56.31T | 3.41 |
| Q1 FY2018 | 31 Mar 2018 | 106.01T | +50.29% | 54.47T | -51.54T | 3.27 |
| Q4 FY2017 | 31 Dec 2017 | 110.57T | +51.33% | 65.94T | -44.63T | 3.37 |
| Q3 FY2017 | 30 Sept 2017 | 78.99T | +15.54% | 63.50T | -15.49T | 2.41 |
| Q2 FY2017 | 30 Jun 2017 | 76.47T | +14.66% | 60.71T | -15.76T | 2.40 |
| Q1 FY2017 | 31 Mar 2017 | 70.53T | +9.29% | 60.41T | -10.12T | 2.25 |
| Q4 FY2016 | 31 Dec 2016 | 73.07T | +10.83% | 58.01T | -15.06T | 2.35 |
| Q3 FY2016 | 30 Sept 2016 | 68.37T | +5.73% | 55.83T | -12.54T | 2.21 |
| Q2 FY2016 | 30 Jun 2016 | 66.69T | +3.81% | 58.15T | -8.55T | 2.19 |
| Q1 FY2016 | 31 Mar 2016 | 64.54T | +3.46% | 55.00T | -9.54T | 2.15 |
| Q4 FY2015 | 31 Dec 2015 | 65.93T | +5.77% | 57.20T | -8.72T | 2.14 |
| Q3 FY2015 | 30 Sept 2015 | 64.66T | +10.24% | 57.19T | -7.47T | 2.11 |
| Q2 FY2015 | 30 Jun 2015 | 64.24T | +13.17% | 52.51T | -11.74T | 2.14 |
| Q1 FY2015 | 31 Mar 2015 | 62.38T | +5.61% | 50.66T | -11.72T | 2.13 |
| Q4 FY2014 | 31 Dec 2014 | 62.33T | +4.00% | 53.31T | -9.02T | 2.14 |
| Q3 FY2014 | 30 Sept 2014 | 58.66T | -0.35% | 51.83T | -6.83T | 2.03 |
| Q2 FY2014 | 30 Jun 2014 | 56.77T | -7.60% | 49.73T | -7.04T | 2.01 |
| Q1 FY2014 | 31 Mar 2014 | 59.07T | -3.87% | 52.95T | -6.12T | 2.13 |
| Q4 FY2013 | 31 Dec 2013 | 59.93T | -0.88% | 51.42T | -8.51T | 2.18 |
| Q3 FY2013 | 30 Sept 2013 | 58.86T | +166.37% | 54.32T | -4.54T | 2.16 |
| Q2 FY2013 | 30 Jun 2013 | 61.44T | +187.41% | 52.07T | -9.36T | 2.29 |
| Q1 FY2013 | 31 Mar 2013 | 61.45T | +1.29% | 51.65T | -9.80T | 2.32 |
| Q4 FY2012 | 31 Dec 2012 | 60.47T | -1.27% | 51.15T | -9.32T | 2.29 |
| Q3 FY2012 | 30 Sept 2012 | 22.10T | +9.57% | 15.65T | -6.45T | 0.85 |
| Q2 FY2012 | 30 Jun 2012 | 21.38T | -63.77% | 16.00T | -5.37T | 0.84 |
| Q1 FY2012 | 31 Mar 2012 | 60.67T | +3.34% | 18.23T | -42.44T | 2.46 |
| Q4 FY2011 | 31 Dec 2011 | 61.24T | -7.82% | 50.17T | -11.08T | 2.51 |
| Q3 FY2011 | 30 Sept 2011 | 20.17T | +11.51% | 16.09T | -4.08T | 0.73 |
| Q2 FY2011 | 30 Jun 2011 | 59.01T | — | 12.83T | -46.17T | 2.19 |
| Q1 FY2011 | 31 Mar 2011 | 58.71T | — | 16.29T | -42.41T | 2.34 |
| Q4 FY2010 | 31 Dec 2010 | 66.44T | — | 11.82T | -54.62T | 2.69 |
| Q3 FY2010 | 30 Sept 2010 | 18.09T | — | 11.98T | -6.11T | 0.73 |
| Q4 FY2007 | 31 Dec 2007 | 73.75T | +49.63% | 5.97T | -67.78T | 4.36 |
| Q4 FY2006 | 31 Dec 2006 | 49.29T | +9.14% | 2.30T | -46.98T | 5.18 |
| Q4 FY2005 | 31 Dec 2005 | 45.16T | +14.35% | 3.03T | -42.13T | 5.58 |
| Q4 FY2004 | 31 Dec 2004 | 39.49T | +16.15% | 2.57T | -36.92T | 6.39 |
| Q4 FY2003 | 31 Dec 2003 | 34.00T | — | 2.42T | -31.58T | 7.90 |
| Q2 FY2003 | 30 Jun 2003 | 24.76T | — | 4.07T | -20.69T | 6.60 |
Figures in KRW at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Shinhan Financial Group's debt
Source: Financial Modeling Prep
