Shopify Historical Balance Sheet

SHOP Stock

USD 104.21 2.36 2.32%

Trend analysis of Shopify balance sheet accounts such as Total Current Liabilities of 2.1 B, Total Stockholder Equity of 12.1 B, Other Liabilities of 342.7 M or Net Tangible Assets of 7.3 B provides information on Shopify's total assets, liabilities, and equity, which is the actual value of Shopify to its prevalent stockholders. By breaking down trends over time using Shopify balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Shopify latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Shopify is a good buy for the upcoming year.

Shopify Inventory

24.7 Million

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

About Shopify Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Shopify at a specified time, usually calculated after every quarter, six months, or one year. Shopify Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shopify and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Shopify currently owns. An asset can also be divided into two categories, current and non-current.

Shopify Balance Sheet Chart

At this time, Shopify's Property Plant And Equipment Net is relatively stable compared to the past year. As of 03/22/2025, Current Deferred Revenue is likely to grow to about 297.1 M, while Cash is likely to drop slightly above 1 B.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Short Term Investments Total Liab

Add Fundamental

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Shopify assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shopify books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Short Term Investments

Short Term Investments is an item under the current assets section of Shopify balance sheet. It contains any investments Shopify undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Shopify can easily liquidate in the marketplace.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Most accounts from Shopify's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shopify current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.At this time, Shopify's Property Plant And Equipment Net is relatively stable compared to the past year. As of 03/22/2025, Current Deferred Revenue is likely to grow to about 297.1 M, while Cash is likely to drop slightly above 1 B.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	1.4B	1.2B	1.1B	1.2B
Total Assets	10.8B	11.3B	13.9B	14.6B

Short Long Term Debt Total Total Assets

Shopify balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.69	0.68	0.58	0.56	0.69	0.61	0.69	0.59	0.67	-0.44	0.32	0.69	0.65	0.61	0.7	0.62	0.48	0.72	0.72	0.66	0.37	0.36	0.6	0.68	0.68
Total Assets	0.69		0.97	0.91	0.9	1.0	0.95	0.96	0.7	0.96	-0.5	0.63	0.97	0.82	0.96	0.88	0.76	0.59	0.97	0.9	0.99	0.42	0.68	0.86	0.98	0.84
Short Long Term Debt Total	0.68	0.97		0.83	0.81	0.96	0.91	0.93	0.78	0.96	-0.51	0.49	0.95	0.86	0.91	0.9	0.84	0.73	0.95	0.9	0.98	0.57	0.55	0.77	0.99	0.9
Other Current Liab	0.58	0.91	0.83		0.99	0.92	0.86	0.81	0.51	0.86	-0.34	0.65	0.87	0.61	0.93	0.68	0.46	0.45	0.88	0.7	0.92	0.17	0.91	0.86	0.87	0.67
Total Current Liabilities	0.56	0.9	0.81	0.99		0.9	0.87	0.77	0.46	0.88	-0.22	0.59	0.88	0.54	0.95	0.63	0.49	0.45	0.86	0.66	0.92	0.25	0.92	0.85	0.87	0.66
Total Stockholder Equity	0.69	1.0	0.96	0.92	0.9		0.95	0.96	0.68	0.95	-0.51	0.65	0.96	0.81	0.96	0.88	0.74	0.57	0.97	0.9	0.98	0.39	0.69	0.87	0.98	0.83
Other Liab	0.61	0.95	0.91	0.86	0.87	0.95		0.89	0.64	0.96	-0.27	0.66	0.93	0.66	0.98	0.77	0.74	0.6	0.86	0.81	0.95	0.48	0.66	0.72	0.95	0.79
Net Tangible Assets	0.69	0.96	0.93	0.81	0.77	0.96	0.89		0.75	0.88	-0.67	0.69	0.9	0.91	0.86	0.96	0.77	0.55	0.95	0.96	0.92	0.34	0.51	0.8	0.93	0.83
Property Plant And Equipment Net	0.59	0.7	0.78	0.51	0.46	0.68	0.64	0.75		0.71	-0.5	0.22	0.76	0.76	0.6	0.78	0.75	0.89	0.75	0.78	0.7	0.56	0.16	0.35	0.76	0.93
Current Deferred Revenue	0.67	0.96	0.96	0.86	0.88	0.95	0.96	0.88	0.71		-0.31	0.46	0.98	0.71	0.97	0.8	0.83	0.7	0.93	0.83	0.97	0.62	0.64	0.78	0.99	0.87
Net Debt	-0.44	-0.5	-0.51	-0.34	-0.22	-0.51	-0.27	-0.67	-0.5	-0.31		-0.43	-0.37	-0.86	-0.25	-0.77	-0.39	-0.16	-0.59	-0.71	-0.42	0.09	-0.05	-0.55	-0.44	-0.44
Retained Earnings	0.32	0.63	0.49	0.65	0.59	0.65	0.66	0.69	0.22	0.46	-0.43		0.46	0.49	0.62	0.54	0.16	-0.01	0.51	0.55	0.59	-0.3	0.58	0.54	0.53	0.28
Accounts Payable	0.69	0.97	0.95	0.87	0.88	0.96	0.93	0.9	0.76	0.98	-0.37	0.46		0.74	0.95	0.83	0.82	0.7	0.96	0.86	0.96	0.57	0.63	0.79	0.98	0.91
Cash	0.65	0.82	0.86	0.61	0.54	0.81	0.66	0.91	0.76	0.71	-0.86	0.49	0.74		0.64	0.97	0.74	0.54	0.87	0.94	0.78	0.32	0.27	0.71	0.81	0.79
Non Current Assets Total	0.61	0.96	0.91	0.93	0.95	0.96	0.98	0.86	0.6	0.97	-0.25	0.62	0.95	0.64		0.74	0.69	0.58	0.89	0.77	0.97	0.45	0.77	0.79	0.96	0.78
Cash And Short Term Investments	0.7	0.88	0.9	0.68	0.63	0.88	0.77	0.96	0.78	0.8	-0.77	0.54	0.83	0.97	0.74		0.79	0.57	0.92	0.99	0.83	0.38	0.34	0.75	0.87	0.86
Net Receivables	0.62	0.76	0.84	0.46	0.49	0.74	0.74	0.77	0.75	0.83	-0.39	0.16	0.82	0.74	0.69	0.79		0.7	0.78	0.8	0.74	0.83	0.12	0.54	0.82	0.85
Good Will	0.48	0.59	0.73	0.45	0.45	0.57	0.6	0.55	0.89	0.7	-0.16	-0.01	0.7	0.54	0.58	0.57	0.7		0.62	0.58	0.66	0.75	0.18	0.21	0.7	0.86
Common Stock Total Equity	0.72	0.97	0.95	0.88	0.86	0.97	0.86	0.95	0.75	0.93	-0.59	0.51	0.96	0.87	0.89	0.92	0.78	0.62		0.92	0.95	0.43	0.62	0.87	0.96	0.87
Short Term Investments	0.72	0.9	0.9	0.7	0.66	0.9	0.81	0.96	0.78	0.83	-0.71	0.55	0.86	0.94	0.77	0.99	0.8	0.58	0.92		0.85	0.4	0.37	0.75	0.89	0.88
Non Current Liabilities Total	0.66	0.99	0.98	0.92	0.92	0.98	0.95	0.92	0.7	0.97	-0.42	0.59	0.96	0.78	0.97	0.83	0.74	0.66	0.95	0.85		0.46	0.71	0.82	0.99	0.84
Inventory	0.37	0.42	0.57	0.17	0.25	0.39	0.48	0.34	0.56	0.62	0.09	-0.3	0.57	0.32	0.45	0.38	0.83	0.75	0.43	0.4	0.46		-0.06	0.16	0.55	0.66
Other Current Assets	0.36	0.68	0.55	0.91	0.92	0.69	0.66	0.51	0.16	0.64	-0.05	0.58	0.63	0.27	0.77	0.34	0.12	0.18	0.62	0.37	0.71	-0.06		0.74	0.62	0.35
Other Stockholder Equity	0.6	0.86	0.77	0.86	0.85	0.87	0.72	0.8	0.35	0.78	-0.55	0.54	0.79	0.71	0.79	0.75	0.54	0.21	0.87	0.75	0.82	0.16	0.74		0.79	0.56
Total Liab	0.68	0.98	0.99	0.87	0.87	0.98	0.95	0.93	0.76	0.99	-0.44	0.53	0.98	0.81	0.96	0.87	0.82	0.7	0.96	0.89	0.99	0.55	0.62	0.79		0.89
Property Plant And Equipment Gross	0.68	0.84	0.9	0.67	0.66	0.83	0.79	0.83	0.93	0.87	-0.44	0.28	0.91	0.79	0.78	0.86	0.85	0.86	0.87	0.88	0.84	0.66	0.35	0.56	0.89

Click cells to compare fundamentals

Shopify Account Relationship Matchups

Shopify balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	7.8B	13.3B	10.8B	11.3B	13.9B	14.6B
Short Long Term Debt Total	912.9M	1.2B	1.4B	1.2B	1.1B	1.2B
Other Current Liab	132.1M	172.7M	168.6M	124M	377M	395.9M
Total Current Liabilities	438.3M	702.7M	856.0M	898M	2.0B	2.1B
Total Stockholder Equity	6.4B	11.1B	8.2B	9.1B	11.6B	12.1B
Other Liab	14.7M	21.0M	346.4M	283.8M	326.4M	342.7M
Net Tangible Assets	2.5B	6.0B	10.6B	6.0B	6.9B	7.3B
Property Plant And Equipment Net	211.5M	301.9M	486.0M	147M	140M	160.4M
Current Deferred Revenue	107.8M	216.8M	295.9M	302M	283M	297.2M
Net Debt	(1.8B)	(1.3B)	(252.7M)	(263M)	(372M)	(390.6M)
Retained Earnings	15.3M	2.9B	(522.3M)	(390M)	1.6B	1.7B
Accounts Payable	181.2M	168.7M	284.0M	364M	360M	378M
Cash	2.7B	2.5B	1.6B	1.4B	1.5B	1.0B
Non Current Assets Total	885.1M	4.8B	4.7B	5.0B	6.7B	7.0B
Cash And Short Term Investments	6.4B	7.8B	5.1B	5.0B	5.5B	3.3B
Net Receivables	421.5M	687.3M	885M	1.2B	252M	355.8M
Short Term Investments	3.7B	5.3B	3.4B	3.6B	4.0B	2.2B
Liabilities And Stockholders Equity	7.8B	13.3B	10.8B	11.3B	13.9B	14.6B
Non Current Liabilities Total	923.9M	1.5B	1.7B	1.3B	1.9B	2.0B
Other Current Assets	48.8M	68.2M	84.0M	112M	1.5B	1.5B
Other Stockholder Equity	261.4M	161.1M	33.5M	251M	305M	320.3M
Total Liab	1.4B	2.2B	2.5B	2.2B	2.4B	2.5B
Property Plant And Equipment Gross	211.5M	301.9M	486.0M	303M	310M	190.3M
Total Current Assets	6.9B	8.5B	6.1B	6.3B	7.3B	3.8B
Accumulated Other Comprehensive Income	8.8M	(6.0M)	(16.5M)	4M	(10M)	(9.5M)
Short Term Debt	10.1M	15.7M	18M	17M	936M	982.8M
Intangible Assets	135.7M	138.5M	390.1M	29M	22M	20.9M
Common Stock	6.1B	8.0B	8.7B	9.2B	9.6B	10.1B
Property Plant Equipment	246.2M	211.5M	301.9M	486.0M	558.9M	586.8M
Capital Surpluse	62.6M	261.4M	161.1M	30.2M	34.7M	33.0M
Non Currrent Assets Other	(4.2M)	(2.5M)	205.8M	225.1K	21M	20.0M
Capital Lease Obligations	154.9M	262.5M	483.3M	234M	208M	189.4M
Cash And Equivalents	649.9M	2.7B	2.5B	1.6B	1.9B	1.3B
Net Invested Capital	7.2B	12.0B	9.2B	10.0B	12.5B	7.8B

Pair Trading with Shopify

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shopify position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shopify will appreciate offsetting losses from the drop in the long position's value.

Moving against Shopify Stock

0.5

Quhuo

Pair Corr

The ability to find closely correlated positions to Shopify could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shopify when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shopify - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shopify to buy it.

The correlation of Shopify is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shopify moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shopify moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Shopify can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Shopify Stock Analysis

When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Shopify Historical Balance Sheet

Shopify Inventory

24.7 Million

About Shopify Balance Sheet Analysis

Shopify Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

Short Term Investments

Total Liab

Shopify balance sheet Correlations

Shopify Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shopify balance sheet Accounts

Pair Trading with Shopify

Moving against Shopify Stock

Additional Tools for Shopify Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Current Liabilities	+ 0.99	Other Current Liab
Total Liab	+ 0.99	Current Deferred Revenue
Short Term Investments	+ 0.99	Cash And Short Term Investments

Cash	- 0.86	Net Debt
Cash And Short Term Investments	- 0.77	Net Debt
Short Term Investments	- 0.71	Net Debt
Net Debt	- 0.67	Net Tangible Assets
Common Stock Total Equity	- 0.59	Net Debt
Other Stockholder Equity	- 0.55	Net Debt