Shopify Inc Total Assets
Shopify Inc total assets. 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. Also see SHOP market cap for the company's overall valuation and market capitalisation.
Total Assets of Shopify Inc (2013–2024)
Total assets of Shopify Inc from 2013 to 2024. This chart illustrates how Shopify Inc's total assets have evolved over time, based on quarterly financial data. See Shopify Inc share price for real-time trading data and today's change.
Shopify Inc - Asset Composition Analysis
Shopify Inc Total Assets Breakdown (December 2024)
Shopify Inc total assets breakdown as of 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. Explore Shopify Inc (SHOP) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Clearwater Analytics Holdings Inc
NYSE:CWAN
|
USA | $3.03 Billion |
|
Lumine Group Inc.
V:LMN
|
Canada | CA$1.27 Billion |
|
Kinaxis Inc
TO:KXS
|
Canada | CA$702.31 Million |
|
Beijing Compass Technology Develop
SHE:300803
|
China | CN¥18.75 Billion |
|
Meridianlink Inc
NYSE:MLNK
|
USA | $936.93 Million |
|
One Software Technologies Ltd
TA:ONE
|
Israel | ILA2.90 Billion |
|
Zhengzhou J and T Hi Tech Co
SHE:300845
|
China | CN¥996.92 Million |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
China | CN¥905.64 Million |
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 | 14.14 |
| Asset Growth Rate (YoY) | 23.2% |
| Total Assets | $13.92 Billion |
| Market Capitalization | $196.94 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Shopify Inc's assets at a significant premium (14.14x), 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 | -- |
About 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