Shopify Inc (SHOP) — Financial Flexibility Index
Shopify Inc (SHOP) has a Financial Flexibility Index of 0.21x as of September 2025. Free cash flow of $519.00 Million (operating CF $513.00 Million minus capex $6.00 Million) represents 0% of total liabilities ($2.53 Billion). Check asset allocation strategy of Shopify Inc to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Shopify Inc Financial Flexibility Index (2013–2024)
Historical Financial Flexibility Index trend for Shopify Inc across 12 annual periods. See Shopify Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Shopify Inc (2013–2024)
Year-by-year free cash flow to debt coverage for Shopify Inc. For the full company profile including market capitalisation, see Shopify Inc market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.69x | $1.64 Billion | $1.62 Billion | $2.37 Billion | ▲ +57.0% |
| 2023 | 0.44x | $983.00 Million | $944.00 Million | $2.23 Billion | ▲ +1388.9% |
| 2022 | -0.03x | $-86.00 Million | $-136.00 Million | $2.52 Billion | ▼ -112.9% |
| 2021 | 0.27x | $586.50 Million | $535.71 Million | $2.21 Billion | ▼ -22.5% |
| 2020 | 0.34x | $466.95 Million | $424.96 Million | $1.36 Billion | ▲ +22.1% |
| 2019 | 0.28x | $133.01 Million | $70.61 Million | $473.75 Million | ▼ -9.5% |
| 2018 | 0.31x | $50.87 Million | $9.32 Million | $164.02 Million | ▲ +8.4% |
| 2017 | 0.29x | $32.16 Million | $7.90 Million | $112.46 Million | ▼ -43.1% |
| 2016 | 0.50x | $40.25 Million | $14.02 Million | $80.08 Million | ▼ -33.9% |
| 2015 | 0.76x | $36.79 Million | $15.76 Million | $48.40 Million | ▼ -4.7% |
| 2014 | 0.80x | $21.90 Million | $-801.00K | $27.46 Million | ▲ +40.7% |
| 2013 | 0.57x | $5.90 Million | $1.40 Million | $10.41 Million | — |