Shinhan Financial (SHG) Interest Coverage Ratio (2009 - 2026)
Shinhan Financial's (SHG) Interest Coverage Ratio was 52.73 for the quarter ended Jun 30, 2026, up 6.6% from 49.46 a year earlier and up 108.1% from the prior quarter.
Shinhan Financial (SHG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shinhan Financial's Interest Coverage Ratio came in at 0.60, down 34.6% year-over-year; for the year ended Dec 31, 2025, it was 0.43, up 18.8% from the prior year.
- By year, Interest Coverage Ratio came in at 0.36 in the year ended Dec 31, 2024 (-0.4%), 0.36 in the year ended Dec 31, 2023 (-41.5%), 0.62 in the year ended Dec 31, 2022 (-58.7%) and 1.50 in the year ended Dec 31, 2021 (+49.3%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Interest Coverage Ratio since the quarter ended Sep 30, 2024.
- Year over year, Interest Coverage Ratio gained in three of the last six quarters, with an average decline of 5.5%.
- The high point for year-over-year Interest Coverage Ratio in five years was the quarter ended Mar 31, 2025 (growth of 37.7%); the low point was the quarter ended Sep 30, 2025 (a decline of 66.6%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 25.34 (quarter ended Mar 31, 2026), 0.07 (quarter ended Dec 31, 2025) and 23.00 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 2.10 |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -2.12 |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 1.65 |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 1.56 |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 1.43 |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 0.56 |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 1.47 |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 1.73 |
| 10 | Shinhan Financial | 39.06 Bn | 40.67 Bn | - | 52.73 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.73 |
| Mar 31, 2026 | 25.34 |
| Dec 31, 2025 | 0.07 |
| Sep 30, 2025 | 23.00 |
| Jun 30, 2025 | 49.46 |
| Mar 31, 2025 | 30.05 |
| Sep 30, 2024 | 68.80 |
| Jun 30, 2024 | 46.94 |
| Mar 31, 2024 | 21.83 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 68.90 |
| Jun 30, 2023 | 51.74 |
| Mar 31, 2023 | 27.86 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | -0.03 |
| Jun 30, 2022 | 68.04 |
| Mar 31, 2022 | 37.28 |
| Sep 30, 2021 | -0.16 |
| Jun 30, 2021 | 3.02 |
| Mar 31, 2021 | 35.77 |
Shinhan Financial Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "SHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=SHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();