SHOP
Price:
$108.85
Market Cap:
$141.25B
Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Bey...[Read more]
Industry
Software - Application
IPO Date
2015-05-20
Stock Exchange
NASDAQ
Ticker
SHOP
According to Shopify Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.20. This represents a change of 24.30% compared to the average of 4.98 of the last 4 quarters.
The mean historical Current Ratio of Shopify Inc. over the last ten years is 9.28. The current 6.20 Current Ratio has changed 6.58% with respect to the historical average. Over the past ten years (40 quarters), SHOP's Current Ratio was at its highest in in the September 2020 quarter at 17.87. The Current Ratio was at its lowest in in the March 2025 quarter at 3.71.
Average
9.28
Median
7.87
Minimum
3.71
Maximum
15.69
Discovering the peaks and valleys of Shopify Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 81.03%
Maximum Annual Current Ratio = 15.69
Minimum Annual Increase = -46.93%
Minimum Annual Current Ratio = 3.71
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 5.96 | 60.70% |
| 2024 | 3.71 | -46.93% |
| 2023 | 6.99 | -1.13% |
| 2022 | 7.07 | -41.84% |
| 2021 | 12.15 | -22.56% |
| 2020 | 15.69 | 81.03% |
| 2019 | 8.67 | -43.54% |
| 2018 | 15.35 | 41.82% |
| 2017 | 10.82 | 70.30% |
| 2016 | 6.36 | 16.90% |
The current Current Ratio of Shopify Inc. (SHOP) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.55
5-year avg
7.18
10-year avg
9.28
Shopify Inc.’s Current Ratio is greater than AppLovin Corporation (3.24), greater than Uber Technologies, Inc. (1.07), greater than Salesforce, Inc. (0.79), greater than ServiceNow, Inc. (0.85), greater than Intuit Inc. (1.45), greater than Arista Networks, Inc. (2.83), greater than SAP SE (1.07), greater than Lam Research Corporation (2.54), greater than QUALCOMM Incorporated (2.37), greater than Applied Materials, Inc. (2.51),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.24 | $157.79B | |
| 1.07 | $145.83B | |
| 0.79 | $124.31B | |
| 0.85 | $98.02B | |
| 1.45 | $73.03B | |
| 2.83 | $213.64B | |
| 1.07 | $180.87B | |
| 2.54 | $486.52B | |
| 2.37 | $238.32B | |
| 2.51 | $489.96B |
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What is the Current Ratio?
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What is Shopify Inc.'s Current Ratio?
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What is the 5-year average Current Ratio for Shopify Inc. (SHOP)?
How does the current Current Ratio for Shopify Inc. (SHOP) compare to its historical average?