Shopify Inc (SHOP) — Financial Flexibility Index
Shopify Inc (SHOP) has a Financial Flexibility Index of 0.37x as of June 2026. Free cash flow of CA$662.00 Million (operating CF CA$658.00 Million minus capex CA$4.00 Million) represents 0% of total liabilities (CA$1.79 Billion). Check SHOP capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see SHOP operating cash flow.
Annual Financial Flexibility Index for Shopify Inc (2013–2025)
Year-by-year free cash flow to debt coverage for Shopify Inc. Explore cash flow to debt ratio of Shopify Inc to assess how comfortably operating cash covers total debt obligations.
| 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 | — |