Shopify Inc (SHOP) - Total Assets
Based on the latest financial reports, Shopify Inc (SHOP) holds total assets worth CA$14.13 Billion CAD (≈ $10.22 Billion USD) as of March 2026. 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. Explore Shopify Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Shopify Inc - Total Assets Trend (2013–2025)
This chart illustrates how Shopify Inc's total assets have evolved over time, based on quarterly financial data. See what is Shopify Inc's book value for net asset value and shareholders' equity analysis.
Shopify Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Shopify Inc's total assets of CA$14.13 Billion consist of 54.3% current assets and 45.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$1.54 Billion | 10.2% |
| Accounts Receivable | CA$2.31 Billion | 15.3% |
| Inventory | CA$20.96 Million | 0.1% |
| Property, Plant & Equipment | CA$141.00 Million | 0.9% |
| Intangible Assets | CA$29.95 Million | 0.2% |
| Goodwill | CA$490.11 Million | 3.2% |
Asset Composition Trend (2013–2025)
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. For live market cap, price, and company overview, see SHOP company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shopify Inc's current assets represent 54.3% of total assets in 2025, a decrease from 91.9% in 2013.
- Cash Position: Cash and equivalents constituted 10.2% of total assets in 2025, 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 15.3% 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 |
|---|---|---|
|
Auddia Inc
NASDAQ:AUUD
|
USA | $5.20 Million |
|
Technology One Ltd
AU:TNE
|
Australia | AU$891.40 Million |
|
TaTaTu SpA
PA:ALTTU
|
France | €87.76 Million |
|
Fujian Boss Software Development Co Ltd
SHE:300525
|
China | CN¥4.27 Billion |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
China | CN¥6.36 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Socar Inc.
KO:403550
|
Korea | ₩637.24 Billion |
|
ButOne Information Corp XiAn
SHG:600455
|
China | CN¥1.39 Billion |
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 | 6.20 | 3.71 | 16.55 |
| Quick Ratio | 6.20 | 3.71 | 16.55 |
| Cash Ratio | 0.00 | 0.65 | 4.63 |
| Working Capital | CA$7.13 Billion | CA$5.44 Billion | CA$7.95 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 | 11.48 |
| Latest Market Cap to Assets Ratio | 9.55 |
| Asset Growth Rate (YoY) | 8.9% |
| Total Assets | CA$15.16 Billion |
| Market Capitalization | $144.84 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Shopify Inc's assets at a significant premium (9.55x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Shopify Inc's assets grew by 8.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shopify Inc (2013–2025)
The table below shows the annual total assets of Shopify Inc from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$15.16 Billion ≈ $10.97 Billion |
+8.89% |
| 2024-12-31 | CA$13.92 Billion ≈ $10.07 Billion |
+23.23% |
| 2023-12-31 | CA$11.30 Billion ≈ $8.17 Billion |
+5.04% |
| 2022-12-31 | CA$10.76 Billion ≈ $7.78 Billion |
-19.36% |
| 2021-12-31 | CA$13.34 Billion ≈ $9.65 Billion |
+71.85% |
| 2020-12-31 | CA$7.76 Billion ≈ $5.62 Billion |
+122.47% |
| 2019-12-31 | CA$3.49 Billion ≈ $2.52 Billion |
+54.76% |
| 2018-12-31 | CA$2.25 Billion ≈ $1.63 Billion |
+102.48% |
| 2017-12-31 | CA$1.11 Billion ≈ $805.54 Million |
+127.00% |
| 2016-12-31 | CA$490.56 Million ≈ $354.86 Million |
+101.29% |
| 2015-12-31 | CA$243.71 Million ≈ $176.30 Million |
+156.02% |
| 2014-12-31 | CA$95.19 Million ≈ $68.86 Million |
-0.62% |
| 2013-12-31 | CA$95.79 Million ≈ $69.29 Million |
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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