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Shopify Equity-to-Asset

: 0.81 (As of Jun. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shopify's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $8,717 Mil. Shopify's Total Assets for the quarter that ended in Jun. 2022 was $10,748 Mil. Therefore, Shopify's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.81.

The historical rank and industry rank for Shopify's Equity-to-Asset or its related term are showing as below:

SHOP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.85   Max: 0.93
Current: 0.81

During the past 10 years, the highest Equity to Asset Ratio of Shopify was 0.93. The lowest was 0.67. And the median was 0.85.

SHOP's Equity-to-Asset is ranked better than
83.67% of 2719 companies
in the Software industry
Industry Median: 0.58 vs SHOP: 0.81

Shopify Equity-to-Asset Historical Data

The historical data trend for Shopify's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shopify Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.93 0.86 0.83 0.84

Shopify Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.84 0.84 0.83 0.81

Competitive Comparison

For the Software - Application subindustry, Shopify's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Shopify Equity-to-Asset Distribution

For the Software industry and Technology sector, Shopify's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shopify's Equity-to-Asset falls into.



Shopify Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Shopify's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=11133.341/13340.172
=0.83

Shopify's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=8717.128/10747.63
=0.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shopify  (NYSE:SHOP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Shopify Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Shopify's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Shopify Business Description

Shopify logo
Traded in Other Exchanges
Address
151 O'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P2L8
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.

Shopify Headlines

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