Shopify Total Assets from 2010 to 2024

SHOP Stock

USD 106.48 2.54 2.44%

Shopify Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 11.9 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2013-12-31

Previous Quarter

11.3 B

Current Value

12.3 B

Quarterly Volatility

5 B

Yuan Drop

Covid

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 Depreciation And Amortization of 37.7 M, Interest Expense of 1.3 M or Selling General Administrative of 515.5 M, as well as many indicators such as Price To Sales Ratio of 26.28, Dividend Yield of 0.0 or PTB Ratio of 15.57. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.

Check out the analysis of Shopify Correlation against competitors.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Latest Shopify's Total Assets Growth Pattern

Below is the plot of the Total Assets of Shopify over the last few years. Total assets refers to the total amount of Shopify assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Shopify books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Shopify's Total 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.

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Last Reported 11.3 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Shopify Total Assets Regression Statistics

	Arithmetic Mean	4,206,241,400
	Geometric Mean	1,015,180,640
	Coefficient Of Variation	123.18
	Mean Deviation	4,532,262,800
	Median	1,113,564,000
	Standard Deviation	5,181,141,905
	Sample Variance	26844231.4T
	Range	13.2B
	R-Value	0.89
	Mean Square Error	6258298.4T
	R-Squared	0.78
	Significance	0.000012
	Slope	1,025,498,764
	Total Sum of Squares	375819240.2T

Shopify Total Assets History

	2024	11.9 B
	2023	11.3 B
	2022	10.8 B
	2021	13.3 B
	2020	7.8 B
	2019	3.5 B
	2018	2.3 B

Other Fundumenentals of Shopify

Intangibles To Total Assets

Shopify Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Debt	Long Term Investments
Total Assets		1.0	0.98	0.95	-0.55	0.33	0.95	0.94	0.63	0.92	0.98	0.92	0.98	0.57	0.99	0.92	0.79	0.97	0.47	0.9	0.98	0.95	0.97	0.91	0.88
Total Stockholder Equity	1.0		0.99	0.94	-0.57	0.36	0.94	0.93	0.6	0.93	0.98	0.93	0.97	0.56	0.98	0.91	0.79	0.96	0.49	0.9	0.98	0.96	0.96	0.9	0.88
Net Tangible Assets	0.98	0.99		0.88	-0.66	0.47	0.88	0.87	0.54	0.96	0.94	0.95	0.93	0.53	0.94	0.84	0.78	0.93	0.59	0.93	0.97	0.98	0.92	0.84	0.85
Current Deferred Revenue	0.95	0.94	0.88		-0.29	0.1	0.98	0.99	0.7	0.78	0.98	0.79	0.97	0.54	0.97	0.98	0.75	0.96	0.22	0.76	0.9	0.82	0.95	0.96	0.89
Net Debt	-0.55	-0.57	-0.66	-0.29		-0.52	-0.33	-0.3	-0.16	-0.75	-0.45	-0.77	-0.46	-0.38	-0.49	-0.27	-0.5	-0.49	-0.98	-0.83	-0.61	-0.77	-0.48	-0.17	-0.25
Retained Earnings	0.33	0.36	0.47	0.1	-0.52		0.07	0.05	-0.1	0.47	0.22	0.43	0.17	0.06	0.17	-0.02	0.06	0.21	0.44	0.4	0.42	0.46	0.23	0.22	0.37
Accounts Payable	0.95	0.94	0.88	0.98	-0.33	0.07		0.99	0.66	0.79	0.96	0.8	0.98	0.54	0.98	0.99	0.81	0.93	0.25	0.76	0.88	0.82	0.93	0.93	0.86
Net Receivables	0.94	0.93	0.87	0.99	-0.3	0.05	0.99		0.62	0.76	0.96	0.77	0.96	0.46	0.97	0.99	0.76	0.95	0.23	0.75	0.87	0.81	0.93	0.95	0.89
Good Will	0.63	0.6	0.54	0.7	-0.16	-0.1	0.66	0.62		0.58	0.72	0.6	0.71	0.92	0.67	0.67	0.48	0.62	0.11	0.53	0.64	0.56	0.72	0.61	0.43
Short Term Investments	0.92	0.93	0.96	0.78	-0.75	0.47	0.79	0.76	0.58		0.87	1.0	0.87	0.63	0.88	0.75	0.79	0.84	0.69	0.96	0.96	0.97	0.89	0.69	0.75
Total Liab	0.98	0.98	0.94	0.98	-0.45	0.22	0.96	0.96	0.72	0.87		0.88	0.98	0.62	0.99	0.94	0.74	0.98	0.37	0.86	0.96	0.91	0.98	0.93	0.87
Total Current Assets	0.92	0.93	0.95	0.79	-0.77	0.43	0.8	0.77	0.6	1.0	0.88		0.88	0.64	0.89	0.75	0.77	0.86	0.71	0.98	0.96	0.98	0.91	0.69	0.74
Short Term Debt	0.98	0.97	0.93	0.97	-0.46	0.17	0.98	0.96	0.71	0.87	0.98	0.88		0.64	0.99	0.97	0.8	0.94	0.37	0.84	0.94	0.89	0.96	0.9	0.84
Intangible Assets	0.57	0.56	0.53	0.54	-0.38	0.06	0.54	0.46	0.92	0.63	0.62	0.64	0.64		0.58	0.53	0.5	0.49	0.33	0.57	0.6	0.58	0.62	0.43	0.28
Common Stock	0.99	0.98	0.94	0.97	-0.49	0.17	0.98	0.97	0.67	0.88	0.99	0.89	0.99	0.58		0.96	0.83	0.97	0.43	0.87	0.94	0.91	0.96	0.9	0.85
Property Plant Equipment	0.92	0.91	0.84	0.98	-0.27	-0.02	0.99	0.99	0.67	0.75	0.94	0.75	0.97	0.53	0.96		0.78	0.92	0.2	0.72	0.85	0.78	0.91	0.91	0.84
Deferred Long Term Liab	0.79	0.79	0.78	0.75	-0.5	0.06	0.81	0.76	0.48	0.79	0.74	0.77	0.8	0.5	0.83	0.78		0.7	0.5	0.71	0.72	0.73	0.71	0.62	0.59
Long Term Debt Total	0.97	0.96	0.93	0.96	-0.49	0.21	0.93	0.95	0.62	0.84	0.98	0.86	0.94	0.49	0.97	0.92	0.7		0.42	0.88	0.94	0.91	0.97	0.91	0.86
Capital Surpluse	0.47	0.49	0.59	0.22	-0.98	0.44	0.25	0.23	0.11	0.69	0.37	0.71	0.37	0.33	0.43	0.2	0.5	0.42		0.77	0.52	0.7	0.4	0.08	0.15
Cash And Equivalents	0.9	0.9	0.93	0.76	-0.83	0.4	0.76	0.75	0.53	0.96	0.86	0.98	0.84	0.57	0.87	0.72	0.71	0.88	0.77		0.93	0.98	0.89	0.65	0.69
Net Invested Capital	0.98	0.98	0.97	0.9	-0.61	0.42	0.88	0.87	0.64	0.96	0.96	0.96	0.94	0.6	0.94	0.85	0.72	0.94	0.52	0.93		0.97	0.97	0.84	0.87
Net Working Capital	0.95	0.96	0.98	0.82	-0.77	0.46	0.82	0.81	0.56	0.97	0.91	0.98	0.89	0.58	0.91	0.78	0.73	0.91	0.7	0.98	0.97		0.92	0.74	0.76
Capital Stock	0.97	0.96	0.92	0.95	-0.48	0.23	0.93	0.93	0.72	0.89	0.98	0.91	0.96	0.62	0.96	0.91	0.71	0.97	0.4	0.89	0.97	0.92		0.89	0.88
Long Term Debt	0.91	0.9	0.84	0.96	-0.17	0.22	0.93	0.95	0.61	0.69	0.93	0.69	0.9	0.43	0.9	0.91	0.62	0.91	0.08	0.65	0.84	0.74	0.89		0.92
Long Term Investments	0.88	0.88	0.85	0.89	-0.25	0.37	0.86	0.89	0.43	0.75	0.87	0.74	0.84	0.28	0.85	0.84	0.59	0.86	0.15	0.69	0.87	0.76	0.88	0.92

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About Shopify Financial Statements

Shopify shareholders use historical fundamental indicators, such as Total 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. The changes in Shopify's assets and liabilities, for example, are also reflected in the revenues and expenses on on Shopify's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	11.3 B	11.9 B
Intangibles To Total Assets	0.04	0.05

Pair Trading with Shopify

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shopify position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shopify will appreciate offsetting losses from the drop in the long position's value.

Moving together with Shopify Stock

0.73	DJCO	Daily Journal Corp	Pair Corr
0.74	AI	C3 Ai Inc Trending	Pair Corr
0.77	AZ	A2Z Smart Technologies	Pair Corr
0.77	BL	Blackline	Pair Corr

Moving against Shopify Stock

0.69	VERB	VERB TECHNOLOGY PANY Tech Boost	Pair Corr
0.4	DMAN	Innovativ Media Group	Pair Corr

The ability to find closely correlated positions to Shopify could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shopify when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shopify - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shopify to buy it.

The correlation of Shopify is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shopify moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shopify moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Shopify can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Shopify Stock Analysis

When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.

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