Shopify Inc (SHOP.TO)
118.08
+3.86
(+3.38%)
CAD |
TSX |
Nov 07, 13:53
Shopify Debt to Equity Ratio: 0.10 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.10 |
| March 31, 2024 | 0.103 |
| December 31, 2023 | 0.101 |
| September 30, 2023 | 0.1105 |
| June 30, 2023 | 0.1225 |
| March 31, 2023 | 0.1081 |
| December 31, 2022 | 0.1108 |
| September 30, 2022 | 0.105 |
| June 30, 2022 | 0.1046 |
| March 31, 2022 | 0.0931 |
| December 31, 2021 | 0.0818 |
| September 30, 2021 | 0.0801 |
| June 30, 2021 | 0.0899 |
| March 31, 2021 | 0.0995 |
| December 31, 2020 | 0.1184 |
| September 30, 2020 | 0.1215 |
| June 30, 2020 | 0.00 |
| March 31, 2020 | 0.00 |
| December 31, 2019 | 0.00 |
| September 30, 2019 | 0.00 |
| Date | Value |
|---|---|
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| December 31, 2014 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
--
Minimum
Dec 2019
0.1225
Maximum
Jun 2023
0.0868
Average
0.101
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| Kinaxis Inc | 0.00 |
| Constellation Software Inc | 1.649 |
| Pivotree Inc | 0.00 |
| TELUS International (Cda) Inc | 0.8053 |
| Coveo Solutions Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 15.53B |
| Total Liabilities (Quarterly) | 2.977B |
| Shareholders Equity (Quarterly) | 12.56B |
| Current Ratio | 7.325 |
| Net Debt Paydown Yield | -0.00% |