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
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.
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.
Average
9.20
Median
7.87
Minimum
3.46
Maximum
15.69
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
Year | Current Ratio | Change |
---|---|---|
2023 | 6.99 | -1.14% |
2022 | 7.07 | -41.83% |
2021 | 12.15 | -22.56% |
2020 | 15.69 | 80.87% |
2019 | 8.68 | -43.49% |
2018 | 15.35 | 41.82% |
2017 | 10.82 | 70.30% |
2016 | 6.36 | 16.90% |
2015 | 5.44 | 57.22% |
2014 | 3.46 | -60.54% |
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.’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),
Company | Current Ratio | Market cap |
---|---|---|
6.19 | $3.18B | |
0.62 | $123.59B | |
0.92 | $7.71B | |
1.44 | $1.87B | |
0.48 | $133.78B |
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What is the Current Ratio?
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What is Shopify Inc.'s Current Ratio?
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What is the 3-year average Current Ratio for Shopify Inc. (SHOP.TO)?
What is the 5-year average Current Ratio for Shopify Inc. (SHOP.TO)?
How does the current Current Ratio for Shopify Inc. (SHOP.TO) compare to its historical average?