Shopify Inc (SHOP) - Total Liabilities

Latest as of December 2025: CA$1.71 Billion CAD ≈ $1.24 Billion USD

Based on the latest financial reports, Shopify Inc (SHOP) has total liabilities worth CA$1.71 Billion CAD (≈ $1.24 Billion USD) as of December 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. See Shopify Inc net assets for net asset value and shareholders' equity analysis.

Shopify Inc - Total Liabilities Trend (2013–2025)

This chart illustrates how Shopify Inc's total liabilities have evolved over time, based on quarterly financial data. For the full company profile including market capitalisation, see Shopify Inc market capitalisation.

Shopify Inc Competitors by Total Liabilities

The table below lists competitors of Shopify Inc ranked by their total liabilities.

Company	Country	Total Liabilities
BlackRock Inc NYSE:BLK	USA	$108.46 Billion
Union Pacific Corporation NYSE:UNP	USA	$51.23 Billion
Pfizer Inc NYSE:PFE	USA	$-93.10 Billion
Airbus Group SE PA:AIR	France	€102.33 Billion
Deere & Company NYSE:DE	USA	$77.08 Billion
Banco Santander S.A. MC:SAN	Spain	€1.75 Trillion
Uber Technologies Inc NYSE:UBER	USA	$33.72 Billion
Qualcomm Incorporated NASDAQ:QCOM	USA	$29.96 Billion

Liability Composition Analysis (2013–2025)

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. Check how resilient are Shopify Inc's assets to evaluate the company's liquid asset resilience ratio.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	5.92	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	1.11	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.13	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.11	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 (2013–2025)

The table below shows the annual total liabilities of Shopify Inc from 2013 to 2025.

Year	Total Liabilities	Change
2025-12-31	CA$1.71 Billion ≈ $1.24 Billion	-27.60%
2024-12-31	CA$2.37 Billion ≈ $1.71 Billion	+5.96%
2023-12-31	CA$2.23 Billion ≈ $1.62 Billion	-11.33%
2022-12-31	CA$2.52 Billion ≈ $1.82 Billion	+14.11%
2021-12-31	CA$2.21 Billion ≈ $1.60 Billion	+62.01%
2020-12-31	CA$1.36 Billion ≈ $985.38 Million	+187.53%
2019-12-31	CA$473.75 Million ≈ $342.70 Million	+188.84%
2018-12-31	CA$164.02 Million ≈ $118.65 Million	+45.84%
2017-12-31	CA$112.46 Million ≈ $81.35 Million	+40.44%
2016-12-31	CA$80.08 Million ≈ $57.93 Million	+65.48%
2015-12-31	CA$48.40 Million ≈ $35.01 Million	+76.23%
2014-12-31	CA$27.46 Million ≈ $19.86 Million	+163.87%
2013-12-31	CA$10.41 Million ≈ $7.53 Million	--

About Shopify Inc

TO:SHOP Canada Software - Application

Market Cap

$152.44 Billion

CA$210.73 Billion CAD

Market Cap Rank

#145 Global

#3 in Canada

Share Price

CA$171.88

Change (1 day)

+0.95%

52-Week Range

CA$127.98 - CA$249.71

All Time High

CA$249.71