Shopify Inc Cash Flow-to-Debt Ratio
Shopify Inc cash flow-to-debt ratio. Shopify Inc (SHOP) has a Cash Flow-to-Debt Ratio of 0.37x as of June 2026, meaning its operating cash flow of CA$658.00 Million could theoretically repay 0% of its total liabilities (CA$1.79 Billion) in one year. Check Shopify Inc earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Shopify Inc (2013–2025)
Cash flow-to-debt ratio of Shopify Inc from 2013 to 2025. Historical debt coverage capacity for Shopify Inc across 13 annual periods. Check Shopify Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Shopify Inc Cash Flow-to-Debt Ratio by Year (2013–2025)
Shopify Inc cash flow-to-debt ratio by year from 2013 to 2025. Year-by-year debt coverage analysis for Shopify Inc. For the full cash flow conversion analysis, see how efficiently does Shopify Inc generate cash.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 1.21x | CA$2.07 Billion | CA$1.71 Billion | ▲ +76.8% |
| 2024 | 0.68x | CA$1.62 Billion | CA$2.37 Billion | ▲ +61.6% |
| 2023 | 0.42x | CA$944.00 Million | CA$2.23 Billion | ▲ +882.8% |
| 2022 | -0.05x | CA$-136.00 Million | CA$2.52 Billion | ▼ -123.6% |
| 2021 | 0.23x | CA$504.43 Million | CA$2.21 Billion | ▼ -26.7% |
| 2020 | 0.31x | CA$424.96 Million | CA$1.36 Billion | ▲ +109.3% |
| 2019 | 0.15x | CA$70.61 Million | CA$473.75 Million | ▲ +162.2% |
| 2018 | 0.06x | CA$9.32 Million | CA$164.02 Million | ▼ -19.1% |
| 2017 | 0.07x | CA$7.90 Million | CA$112.46 Million | ▼ -59.9% |
| 2016 | 0.18x | CA$14.02 Million | CA$80.08 Million | ▼ -46.2% |
| 2015 | 0.33x | CA$15.76 Million | CA$48.40 Million | ▲ +1216.2% |
| 2014 | -0.03x | CA$-801.00K | CA$27.46 Million | ▼ -121.7% |
| 2013 | 0.13x | CA$1.40 Million | CA$10.41 Million | — |