Shopify Inc
Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, s… Read more
Shopify Inc (SHOP) - Total Assets
Latest total assets as of September 2025: $15.02 Billion USD
Based on the latest financial reports, Shopify Inc (SHOP) holds total assets worth $15.02 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Shopify Inc - Total Assets Trend (2013–2024)
This chart illustrates how Shopify Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shopify Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Shopify Inc's total assets of $15.02 Billion consist of 52.1% current assets and 47.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.50 Billion | 10.8% |
| Accounts Receivable | $1.66 Billion | 11.9% |
| Inventory | $26.00 Million | 0.2% |
| Property, Plant & Equipment | $140.00 Million | 1.0% |
| Intangible Assets | $22.00 Million | 0.2% |
| Goodwill | $452.00 Million | 3.3% |
Asset Composition Trend (2013–2024)
This chart illustrates how Shopify Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shopify Inc's current assets represent 52.1% of total assets in 2024, a decrease from 91.9% in 2013.
- Cash Position: Cash and equivalents constituted 10.8% of total assets in 2024, down from 87.2% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 2.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 11.9% of total assets.
Shopify Inc Competitors by Total Assets
Key competitors of Shopify Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Shopify Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Shopify Inc generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Shopify Inc generates $ 14.50 in net profit.
Shopify Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.93 | 7.10 | 15.69 |
| Quick Ratio | 3.93 | 7.10 | 15.69 |
| Cash Ratio | 0.00 | 1.64 | 0.00 |
| Working Capital | $6.49 Billion | $ 5.62 Billion | $ 6.44 Billion |
Shopify Inc - Advanced Valuation Insights
This section examines the relationship between Shopify Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 16.53 |
| Latest Market Cap to Assets Ratio | 14.11 |
| Asset Growth Rate (YoY) | 23.2% |
| Total Assets | $13.92 Billion |
| Market Capitalization | $196.50 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Shopify Inc's assets at a significant premium ( 14.11x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Shopify Inc's assets grew by 23.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Shopify Inc (2013–2024)
The table below shows the annual total assets of Shopify Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $13.92 Billion | +23.23% |
| 2023-12-31 | $11.30 Billion | +5.04% |
| 2022-12-31 | $10.76 Billion | -19.36% |
| 2021-12-31 | $13.34 Billion | +71.85% |
| 2020-12-31 | $7.76 Billion | +122.47% |
| 2019-12-31 | $3.49 Billion | +54.76% |
| 2018-12-31 | $2.25 Billion | +102.48% |
| 2017-12-31 | $1.11 Billion | +127.00% |
| 2016-12-31 | $490.56 Million | +101.29% |
| 2015-12-31 | $243.71 Million | +156.02% |
| 2014-12-31 | $95.19 Million | -0.62% |
| 2013-12-31 | $95.79 Million | -- |