Kasra Nejatian - Shopify VP COO

SHOP Stock  CAD 161.84  3.57  2.26%   

COO

Kasra Nejatian is VP COO of Shopify
Address 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Phone613-241-2828
Webhttps://www.shopify.com

Shopify Management Efficiency

The company has return on total asset (ROA) of 0.0563 % which means that it generated a profit of $0.0563 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1531 %, meaning that it generated $0.1531 on every $100 dollars invested by stockholders. Shopify's management efficiency ratios could be used to measure how well Shopify manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.03. At this time, Shopify's Debt To Assets are very stable compared to the past year. As of the 30th of November 2024, Fixed Asset Turnover is likely to grow to 50.43, while Total Current Assets are likely to drop about 3.4 B.
Shopify has accumulated 1.15 B in total debt with debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from borrowing. Shopify has a current ratio of 10.95, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Shopify until it has trouble settling it off, either with new capital or with free cash flow. So, Shopify's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Shopify sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Shopify to invest in growth at high rates of return. When we think about Shopify's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

COO Age

Steven CapelliBlackBerry
62
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada. SHOPIFY INC operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. It employs 10000 people. Shopify (SHOP) is traded on Toronto Exchange in Canada and employs 8,300 people. Shopify is listed under Application Software category by Fama And French industry classification.

Management Performance

Shopify Leadership Team

Elected by the shareholders, the Shopify's board of directors comprises two types of representatives: Shopify inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Shopify. The board's role is to monitor Shopify's management team and ensure that shareholders' interests are well served. Shopify's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Shopify's outside directors are responsible for providing unbiased perspectives on the board's policies.
Craig Miller, Chief Product Officer
Loren Padelford, GM Plus
Brittany Forsyth, Senior Vice President - Human Relations
Steven Collins, Independent Director
Jeff CPA, Chief Officer
JeanMichel Lemieux, Senior Vice President - Engineering
Jeffrey Weiser, Chief Marketing Officer
Jessica Hertz, General Secretary
Katie Cerar, Product Plus
Tobias Lutke, Chairman of the Board, Chief Executive Officer, Co-Founder
Allan Leinwand, Chief Officer
Carrie Gillard, Director Relations
Tobias Ltke, Chairman, Founder
Kasra Nejatian, VP COO
Bharati Balakrishnan, Country India
Katie Keita, IR Contact Officer
Thomas Epting, Director Network
Kaz Nejatian, VP COO
Cynthia Saucier, Director UX
Harley Finkelstein, Chief Operating Officer
Robert Ashe, Lead Independent Director
Colleen Johnston, Independent Director
John Phillips, Independent Director
Arpan Podduturi, Director Product
Amy Shapero, Chief Financial Officer
Gail Goodman, Independent Director
Joseph Frasca, Senior Vice President General Counsel, Secretary
Toby Shannan, Senior Vice President - Support
Jeremy Levine, Independent Director

Shopify Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Shopify a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.89WMT Walmart Inc CDRPairCorr
  0.82AMZN Amazon CDRPairCorr
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 CorrelationCorrelation Matching
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shopify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.