Shopify (SHOP) - Cash on Hand

Cash on Hand as of June 2024 : NZ$8.54 Billion

According to Shopify's latest financial reports the company has NZ$8.54 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Shopify - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$7.91 B	-0.5%
2022-12-31	NZ$7.95 B	-30.02%
2021-12-31	NZ$11.37 B	28.46%
2020-12-31	NZ$8.85 B	142.85%
2019-12-31	NZ$3.64 B	24.15%
2018-12-31	NZ$2.93 B	122.32%
2017-12-31	NZ$1.32 B	133.15%
2016-12-31	NZ$0.56 B	103.88%
2015-12-31	NZ$0.27 B	264.9%
2014-12-31	NZ$76.14 M	-25.09%
2013-12-31	NZ$0.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
MercadoLibre MELI	NZ$6.48 B	-24.06%	🇦🇷 Argentina
Stamps.com STMP	N/A	N/A	🇺🇸 USA
Etsy ETSY	NZ$1.77 B	-79.19%	🇺🇸 USA
Shoper SHO.WA	NZ$10.81 M	-99.87%	🇵🇱 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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