Shopify Inc.

Shopify Inc.verified

SHOP.TO

Price:

$109.06

Market Cap:

$101.38B

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and a...[Read more]

Industry

Software - Application

IPO Date

2015-05-21

Stock Exchange

TSX

Ticker

SHOP.TO

The Current Ratio as of November 2024 (TTM) for Shopify Inc. (SHOP.TO) is 7.32

According to Shopify Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 7.32. This represents a change of 2.15% compared to the average of 7.17 of the last 4 quarters.

Shopify Inc. (SHOP.TO) Historical Current Ratio (quarterly & annually)

How has SHOP.TO Current Ratio performed in the past?

The mean historical Current Ratio of Shopify Inc. over the last ten years is 9.20. The current 7.32 Current Ratio has changed 7.86% with respect to the historical average. Over the past ten years (40 quarters), SHOP.TO's Current Ratio was at its highest in in the September 2020 quarter at 17.87. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

9.20

Median

7.87

Minimum

3.46

Maximum

15.69

Shopify Inc. (SHOP.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Shopify Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 80.87%

Maximum Annual Current Ratio = 15.69

Minimum Annual Increase = -60.54%

Minimum Annual Current Ratio = 3.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.99-1.14%
20227.07-41.83%
202112.15-22.56%
202015.6980.87%
20198.68-43.49%
201815.3541.82%
201710.8270.30%
20166.3616.90%
20155.4457.22%
20143.46-60.54%

Shopify Inc. (SHOP.TO) Average Current Ratio

How has SHOP.TO Current Ratio performed in the past?

The current Current Ratio of Shopify Inc. (SHOP.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

8.74

5-year avg

10.11

10-year avg

9.20

Shopify Inc. (SHOP.TO) Current Ratio vs. Peers

How is SHOP.TO’s Current Ratio compared to its peers?

Shopify Inc.’s Current Ratio is greater than Lightspeed Commerce Inc. (6.19), greater than Enbridge Inc. (0.62), greater than Air Canada (0.92), greater than BlackBerry Limited (1.44), greater than The Toronto-Dominion Bank (0.48),

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Frequently asked questions❓

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