Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹770.73 Billion

According to Shopify's latest financial reports the company has ₹770.73 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	$₹754.73 B	10.7%
2022-12-31	$₹681.77 B	-17.73%
2021-12-31	$₹828.66 B	77.02%
2020-12-31	$₹468.11 B	117.67%
2019-12-31	$₹215.05 B	47.1%
2018-12-31	$₹146.19 B	128.71%
2017-12-31	$₹63.92 B	129.16%
2016-12-31	$₹27.89 B	114.9%
2015-12-31	$₹12.97 B	202.37%
2014-12-31	$₹4.29 B	-18.62%
2013-12-31	$₹5.27 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	₹307.21 B	-60.14%	🇦🇷 Argentina
Etsy ETSY	-₹53.36 Billion	-106.92%	🇺🇸 USA
Shoper SHO.WA	₹1.04 B	-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 : ₹770.73 Billion