Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of June 2024 : C$12.86 Billion

According to Shopify's latest financial reports the company has C$12.86 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shopify - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$12.02 B	7.56%
2022-12-31	$C$11.17 B	-21.21%
2021-12-31	$C$14.18 B	73.85%
2020-12-31	$C$8.16 B	107.21%
2019-12-31	$C$3.93 B	38.3%
2018-12-31	$C$2.84 B	126.28%
2017-12-31	$C$1.25 B	128.17%
2016-12-31	$C$0.55 B	103.59%
2015-12-31	$C$0.27 B	244.7%
2014-12-31	$C$78.6 M	-13.52%
2013-12-31	$C$90.88 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	C$5.12 B	-60.14%	🇦🇷 Argentina
Etsy ETSY	-C$0.88 Billion	-106.81%	🇺🇸 USA
Shoper SHO.WA	C$21.66 M	-99.83%	🇵🇱 Poland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Shopify (SHOP) - Net assets

Net assets on the balance sheet as of June 2024 : C$12.86 Billion