Shopify Inc (SHOP) — Financial Flexibility Index
Shopify Inc (SHOP) has a Financial Flexibility Index of 0.29x as of March 2026. Free cash flow of CA$478.03 Million (operating CF CA$473.12 Million minus capex CA$4.92 Million) represents 0% of total liabilities (CA$1.62 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 (2013–2025)
Historical Financial Flexibility Index trend for Shopify Inc across 13 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 (2013–2025)
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 (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.22x | CA$2.10 Billion | CA$2.07 Billion | CA$1.71 Billion | ▲ +77.0% |
| 2024 | 0.69x | CA$1.64 Billion | CA$1.62 Billion | CA$2.37 Billion | ▲ +57.0% |
| 2023 | 0.44x | CA$983.00 Million | CA$944.00 Million | CA$2.23 Billion | ▲ +1389.3% |
| 2022 | -0.03x | CA$-85.98 Million | CA$-136.00 Million | CA$2.52 Billion | ▼ -113.6% |
| 2021 | 0.25x | CA$555.22 Million | CA$504.43 Million | CA$2.21 Billion | ▼ -26.6% |
| 2020 | 0.34x | CA$466.95 Million | CA$424.96 Million | CA$1.36 Billion | ▲ +22.1% |
| 2019 | 0.28x | CA$133.01 Million | CA$70.61 Million | CA$473.75 Million | ▼ -9.5% |
| 2018 | 0.31x | CA$50.87 Million | CA$9.32 Million | CA$164.02 Million | ▲ +8.4% |
| 2017 | 0.29x | CA$32.16 Million | CA$7.90 Million | CA$112.46 Million | ▼ -43.1% |
| 2016 | 0.50x | CA$40.25 Million | CA$14.02 Million | CA$80.08 Million | ▼ -33.9% |
| 2015 | 0.76x | CA$36.79 Million | CA$15.76 Million | CA$48.40 Million | ▼ -4.7% |
| 2014 | 0.80x | CA$21.90 Million | CA$-801.00K | CA$27.46 Million | ▲ +40.7% |
| 2013 | 0.57x | CA$5.90 Million | CA$1.40 Million | CA$10.41 Million | — |