Shopify Total Current Assets from 2010 to 2026

307 Stock  EUR 99.52  7.36  6.89%   
Shopify's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are predicted to flatten to about 5 B. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-03-31
Previous Quarter
B
Current Value
8.7 B
Quarterly Volatility
2.1 B
 
Covid
 
Interest Hikes
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as Net Interest Income of 371.9 M, Interest Income of 371.9 M or Interest Expense of 1.7 M, as well as many indicators such as Price To Sales Ratio of 23.08, Dividend Yield of 0.0 or PTB Ratio of 9.8. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
  
This module can also supplement various Shopify Technical models . Check out the analysis of Shopify Correlation against competitors.
For more detail on how to invest in Shopify Stock please use our How to Invest in Shopify guide.
The Total Current Assets trend for Shopify offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Shopify is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Shopify's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Shopify over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Shopify's Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shopify's overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Shopify Total Current Assets Regression Statistics

Arithmetic Mean3,367,394,610
Geometric Mean1,717,758,323
Coefficient Of Variation95.51
Mean Deviation2,919,608,601
Median2,129,082,000
Standard Deviation3,216,234,989
Sample Variance10344167.5T
Range8.1B
R-Value0.86
Mean Square Error2821722.7T
R-Squared0.74
Slope549,466,853
Total Sum of Squares165506680.1T

Shopify Total Current Assets History

2026B
20258.3 B
20247.3 B
20236.3 B
20226.1 B
20218.5 B
20206.9 B

About Shopify Financial Statements

Shopify stakeholders use historical fundamental indicators, such as Shopify's Total Current Assets, to determine how well the company is positioned to perform in the future. Although Shopify investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shopify's assets and liabilities are reflected in the revenues and expenses on Shopify's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shopify. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets8.3 BB

Currently Active Assets on Macroaxis

When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:
Check out the analysis of Shopify Correlation against competitors.
For more detail on how to invest in Shopify Stock please use our How to Invest in Shopify guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Understanding that Shopify's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Shopify represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Shopify's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.