Shopify Inc (SHOP) — Financial Flexibility Index

Latest as of December 2025: 0.44x

Shopify Inc (SHOP) has a Financial Flexibility Index of 0.44x as of December 2025. Free cash flow of CA$747.10 Million (operating CF CA$736.94 Million minus capex CA$10.17 Million) represents 0% of total liabilities (CA$1.71 Billion). Also explore Shopify Inc (SHOP) net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.44x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$747.10 Million
Operating CF − Capex

Total Liabilities

CA$1.71 Billion
CAD

Capital Expenditures

CA$10.17 Million
CAD

Shopify Inc Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Shopify Inc across 13 annual periods. Check SHOP PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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 how much is Shopify Inc worth.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities