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Shopify's Total Liabilities for the quarter that ended in Jun. 2026 was MXN31,164 Mil.
Shopify's quarterly Total Liabilities
declined
from Dec. 2025 (MXN30,897.78 Mil) to Mar. 2026 (MXN29,212.97 Mil) but then
increased
from Mar. 2026 (MXN29,212.97 Mil) to Jun. 2026 (MXN31,163.91 Mil).
Shopify's annual Total Liabilities
increased
from Dec. 2023 (MXN37,903.50 Mil) to Dec. 2024 (MXN49,344.59 Mil) but then
declined
from Dec. 2024 (MXN49,344.59 Mil) to Dec. 2025 (MXN30,897.78 Mil).
The historical data trend for Shopify's Total Liabilities 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.
Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.
Shopify's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Total Liabilities of MXN31,164 Mil mean?
Shopify (MEX:SHOP N) has a Total Liabilities of MXN31,164 Mil as of Jun. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Shopify and its competitors.
Is Shopify's Total Liabilities too high?
Shopify's current Total Liabilities is MXN31,164 Mil. Overall, Shopify has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shopify's Total Liabilities compare to UBER and CRM?
Shopify's Total Liabilities of MXN31,164 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Software company?
A good Total Liabilities depends on the Software industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Shopify and its competitors. Shopify's current Total Liabilities is MXN31,164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shopify stock overvalued right now?
Based on GuruFocus' analysis, Shopify (MEX:SHOP N) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,611.58, compared to a current price of MXN2,600.00 — trading 0.4% below its estimated fair value. The current Total Liabilities is MXN31,164 Mil. Shopify's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Shopify (MEX:SHOP N), the current Total Liabilities is MXN31,164 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shopify (MEX:SHOP N) Overvalued in 2026?
Based on GuruFocus' analysis, Shopify stock appears to be undervalued.
The current stock price of MXN2,600.00 is trading 0.4% below its estimated GF Value™ of MXN2,611.58.
GuruFocus considers Shopify to be Fairly Valued.
Key valuation signals for MEX:SHOP N:
Total Liabilities: MXN31,164 Mil
GF Value™: MXN2,611.58 vs. price of MXN2,600.00 (0.4% below fair value)
No single metric tells the full story. See the MEX:SHOP N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. 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. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
82GF Score
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Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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