Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$71.28 Billion

According to Shopify's latest financial reports the company has HK$71.28 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	$HK$70.80 B	9.99%
2022-12-31	$HK$64.37 B	-25.85%
2021-12-31	$HK$86.81 B	74.96%
2020-12-31	$HK$49.61 B	111.27%
2019-12-31	$HK$23.48 B	43.45%
2018-12-31	$HK$16.37 B	109.33%
2017-12-31	$HK$7.82 B	145.72%
2016-12-31	$HK$3.18 B	110.26%
2015-12-31	$HK$1.51 B	188.15%
2014-12-31	$HK$0.52 B	-20.65%
2013-12-31	$HK$0.66 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	HK$28.41 B	-60.14%	🇦🇷 Argentina
Etsy ETSY	-HK$4.94 Billion	-106.92%	🇺🇸 USA
Shoper SHO.WA	HK$96.89 M	-99.86%	🇵🇱 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 : HK$71.28 Billion