Shopify Inc

NYSE SHOP

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Shopify Inc Interest Expense To Sales 5 year CAGR for the quarter ending March 31, 2023

Shopify Inc Interest Expense To Sales 5 year CAGR is NA for the quarter ending March 31, 2023. The interest expense to sales ratio is a financial metric that represents the proportion of a company's revenue that is used to cover its interest expenses. It is calculated by dividing the company's interest expense by its total revenue. This ratio indicates the financial burden of interest payments on the company's operating income. A higher ratio suggests that a significant portion of the company's revenue is being used to service interest obligations, potentially affecting its profitability. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Shopify Inc Interest Expense To Sales for the quarter ending March 31, 2023 was -32.23%, a -134,789.24% change year over year.
  • Shopify Inc Interest Expense To Sales for the quarter ending March 31, 2022 was 0.02%, a -72.90% change year over year.
  • Shopify Inc Interest Expense To Sales for the quarter ending March 31, 2021 was 0.09%, a -96.03% change year over year.
  • Shopify Inc Interest Expense To Sales for the quarter ending March 31, 2020 was 2.23%.
NYSE: SHOP

Shopify Inc

CEO Mr. Tobias Lütke
IPO Date May 21, 2015
Location Canada
Headquarters 151 O'Connor Street, Ottawa, ON, Canada, K2P 2L8
Employees 8,300
Sector Technology
Industry Software - application
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, Australia, China, 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 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

September 20, 2024

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