Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of June 2024 : S$11.94 B

According to Shopify's latest financial reports the company has S$11.94 B 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	$S$11.97 B	8.4%
2022-12-31	$S$11.04 B	-26.44%
2021-12-31	$S$15.01 B	77.43%
2020-12-31	$S$8.46 B	108.67%
2019-12-31	$S$4.05 B	42.38%
2018-12-31	$S$2.84 B	112.71%
2017-12-31	$S$1.33 B	125.38%
2016-12-31	$S$0.59 B	114.84%
2015-12-31	$S$0.27 B	209%
2014-12-31	$S$89.49 M	-17.29%
2013-12-31	$S$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	S$4.76 B	-60.14%	🇦🇷 Argentina
Etsy ETSY	-S$0.83 B	-106.92%	🇺🇸 USA
Shoper SHO.WA	S$19.53 M	-99.84%	🇵🇱 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 : S$11.94 B