Shopify Inc (SHOP) — Net Asset Quality Index
Shopify Inc (SHOP) has a Net Asset Quality Index of 88.5% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$14.13 Billion minus total liabilities of CA$1.62 Billion yields net assets of CA$12.51 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See how many days can Shopify Inc fund operations to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Shopify Inc Net Asset Quality Index Over Time (2013–2025)
This chart shows how Shopify Inc's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the index stands at 88.5%, representing net assets of CA$12.51 Billion against total assets of CA$14.13 Billion CAD. Explore SHOP operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Shopify Inc (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Shopify Inc from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see SHOP market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 88.7% | CA$13.45 Billion | CA$15.16 Billion | CA$1.71 Billion | ▲ +5.7 pp |
| 2024 | 83.0% | CA$11.56 Billion | CA$13.92 Billion | CA$2.37 Billion | ▲ +2.8 pp |
| 2023 | 80.2% | CA$9.07 Billion | CA$11.30 Billion | CA$2.23 Billion | ▲ +3.6 pp |
| 2022 | 76.6% | CA$8.24 Billion | CA$10.76 Billion | CA$2.52 Billion | ▼ -6.9 pp |
| 2021 | 83.5% | CA$11.13 Billion | CA$13.34 Billion | CA$2.21 Billion | ▲ +1.0 pp |
| 2020 | 82.5% | CA$6.40 Billion | CA$7.76 Billion | CA$1.36 Billion | ▼ -4.0 pp |
| 2019 | 86.4% | CA$3.02 Billion | CA$3.49 Billion | CA$473.75 Million | ▼ -6.3 pp |
| 2018 | 92.7% | CA$2.09 Billion | CA$2.25 Billion | CA$164.02 Million | ▲ +2.8 pp |
| 2017 | 89.9% | CA$1.00 Billion | CA$1.11 Billion | CA$112.46 Million | ▲ +6.2 pp |
| 2016 | 83.7% | CA$410.48 Million | CA$490.56 Million | CA$80.08 Million | ▲ +3.5 pp |
| 2015 | 80.1% | CA$195.32 Million | CA$243.71 Million | CA$48.40 Million | ▲ +9.0 pp |
| 2014 | 71.2% | CA$67.73 Million | CA$95.19 Million | CA$27.46 Million | ▼ -18.0 pp |
| 2013 | 89.1% | CA$85.38 Million | CA$95.79 Million | CA$10.41 Million | — |