Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of June 2024 : $9.17 Billion USD

According to Shopify's latest financial reports the company has $9.17 Billion USD 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	$$9.06 B	10.04%
2022-12-31	$$8.23 B	-26%
2021-12-31	$$11.13 B	73.94%
2020-12-31	$$6.40 B	112.24%
2019-12-31	$$3.01 B	44.24%
2018-12-31	$$2.09 B	108.85%
2017-12-31	$$1.00 B	143.89%
2016-12-31	$$0.41 B	110.16%
2015-12-31	$$0.19 B	188.37%
2014-12-31	$$67.73 M	-20.67%
2013-12-31	$$85.38 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	$3.65 B	-60.14%	🇦🇷 Argentina
Etsy ETSY	-$0.63 Billion	-106.81%	🇺🇸 USA
Shoper SHO.WA	$15.45 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 : $9.17 Billion USD