Shopify Inc.

Toronto Stock Exchange SHOP.TO

Shopify Inc. Debt to Equity Ratio for the year ending December 31, 2023: 0.13

Shopify Inc. Debt to Equity Ratio is 0.13 for the year ending December 31, 2023, a -25.17% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Shopify Inc. Debt to Equity Ratio for the year ending December 31, 2022 was 0.17, a 60.82% change year over year.
  • Shopify Inc. Debt to Equity Ratio for the year ending December 31, 2021 was 0.11, a -26.10% change year over year.
  • Shopify Inc. Debt to Equity Ratio for the year ending December 31, 2020 was 0.14, a 183.52% change year over year.
  • Shopify Inc. Debt to Equity Ratio for the year ending December 31, 2019 was 0.05, a 322.94% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Toronto Stock Exchange: SHOP.TO

Shopify Inc.

CEO Mr. Tobias Lütke
IPO Date May 21, 2015
Location Canada
Headquarters 151 O'Connor Street
Employees 8,300
Sector Technology
Industries
Description

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. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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StockViz Staff

January 30, 2025

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