Shopify Inc (SHOP) - Total Liabilities
Based on the latest financial reports, Shopify Inc (SHOP) has total liabilities worth $2.53 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Shopify Inc operating cash flow efficiency to assess how effectively this company generates cash.
Shopify Inc - Total Liabilities Trend (2013–2024)
This chart illustrates how Shopify Inc's total liabilities have evolved over time, based on quarterly financial data. Check SHOP cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Shopify Inc Competitors by Total Liabilities
The table below lists competitors of Shopify Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SAP SE
F:SAPA
|
Germany | €25.16 Billion |
|
L’Oreal SA
PA:OR
|
France | €26.82 Billion |
|
Bank of China Limited
SHG:601988
|
China | CN¥35.15 Trillion |
|
McDonald’s Corporation
NYSE:MCD
|
USA | $61.31 Billion |
|
Verizon Communications Inc
SA:VERZ34
|
Brazil | R$299.80 Billion |
|
Mitsubishi UFJ Financial Group Inc ADR
NYSE:MUFG
|
USA | $395.57 Trillion |
|
Nextera Energy Inc
NYSE:NEE
|
USA | $146.24 Billion |
Liability Composition Analysis (2013–2024)
This chart breaks down Shopify Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see SHOP stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.93 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.20 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.17 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Shopify Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Shopify Inc (2013–2024)
The table below shows the annual total liabilities of Shopify Inc from 2013 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $2.37 Billion | +5.96% |
| 2023-12-31 | $2.23 Billion | -11.32% |
| 2022-12-31 | $2.52 Billion | +14.10% |
| 2021-12-31 | $2.21 Billion | +62.01% |
| 2020-12-31 | $1.36 Billion | +187.53% |
| 2019-12-31 | $473.75 Million | +188.84% |
| 2018-12-31 | $164.02 Million | +45.84% |
| 2017-12-31 | $112.46 Million | +40.44% |
| 2016-12-31 | $80.08 Million | +65.48% |
| 2015-12-31 | $48.40 Million | +76.23% |
| 2014-12-31 | $27.46 Million | +163.87% |
| 2013-12-31 | $10.41 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