Shopify Inc Defensive Interval Ratio
Shopify Inc defensive interval ratio. Shopify Inc (SHOP) has a Defensive Interval Ratio of 1000 days as of September 2025. Defensive assets of $6.06 Billion (cash $-, short-term investments $3.93 Billion, receivables $2.13 Billion) cover 1000 days of daily cash needs of $6.06 Million/day. See SHOP working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Shopify Inc (2013–2024)
Defensive interval ratio of Shopify Inc from 2013 to 2024. This chart shows how Shopify Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 1000 days, meaning defensive assets of $6.06 Billion can fund 1000 days of operations without new revenue. Check SHOP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Shopify Inc Defensive Interval Ratio by Year (2013–2024)
Shopify Inc defensive interval ratio by year from 2013 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Shopify Inc from 2013 to 2024, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For the complete balance sheet picture, see SHOP current and non-current assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1331 days | $7.13 Billion | $5.36 Million/day | $1.50 Billion | $3.98 Billion | ▼ -1174 days |
| 2023 | 2505 days | $6.16 Billion | $2.46 Million/day | $1.41 Billion | $3.60 Billion | ▼ -15 days |
| 2022 | 2520 days | $5.91 Billion | $2.35 Million/day | $1.65 Billion | $3.40 Billion | ▼ -1861 days |
| 2021 | 4381 days | $8.44 Billion | $1.93 Million/day | $2.50 Billion | $5.27 Billion | ▼ -1289 days |
| 2020 | 5670 days | $6.81 Billion | $1.20 Million/day | $2.70 Billion | $3.68 Billion | ▲ +2560 days |
| 2019 | 3110 days | $2.70 Billion | $866.80K/day | $649.92 Million | $1.81 Billion | ▼ -2424 days |
| 2018 | 5534 days | $2.10 Billion | $379.97K/day | $410.68 Million | $1.56 Billion | ▲ +1655 days |
| 2017 | 3879 days | $1.01 Billion | $259.60K/day | $141.68 Million | $796.36 Million | ▲ +1609 days |
| 2016 | 2271 days | $413.91 Million | $182.28K/day | $84.01 Million | $308.40 Million | ▲ +1426 days |
| 2015 | 845 days | $86.19 Million | $102.02K/day | $- | $80.10 Million | ▲ +385 days |
| 2014 | 460 days | $24.94 Million | $54.18K/day | $- | $17.71 Million | ▲ +330 days |
| 2013 | 130 days | $3.57 Million | $27.51K/day | $- | $181.00K | — |