Shopify Inc

NYSE SHOP

Download Data

Shopify Inc Quick Ratio for the year ending December 31, 2023: 6.89

Shopify Inc Quick Ratio is 6.89 for the year ending December 31, 2023. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets.
  • Shopify Inc Quick Ratio for the year ending December 31, 2021 was 12.15, a -22.56% change year over year.
  • Shopify Inc Quick Ratio for the year ending December 31, 2020 was 15.69.
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.

Similar companies

CRM

Salesforce.com Inc

NA

NA

INTU

Intuit Inc

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email