Shopify Inc (SHOP) — Cash Flow-to-Debt Ratio
Shopify Inc (SHOP) has a Cash Flow-to-Debt Ratio of 0.29x as of March 2026, meaning its operating cash flow of CA$473.12 Million could theoretically repay 0% of its total liabilities (CA$1.62 Billion) in one year. Explore SHOP long-term investment intensity to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Shopify Inc Cash Flow-to-Debt Ratio (2013–2025)
Historical debt coverage capacity for Shopify Inc across 13 annual periods. Also explore SHOP total asset value for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Shopify Inc (2013–2025)
Year-by-year debt coverage analysis for Shopify Inc. For market capitalisation and broader financial context, see Shopify Inc (SHOP) total market value.
| 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 | — |