Shopify (SHOP) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$17.89 Billion

According to Shopify's latest financial reports the company has NZ$17.89 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	$NZ$14.33 B	10.47%
2022-12-31	$NZ$12.97 B	-20.39%
2021-12-31	$NZ$16.29 B	83.74%
2020-12-31	$NZ$8.87 B	98.11%
2019-12-31	$NZ$4.47 B	43.66%
2018-12-31	$NZ$3.11 B	121.12%
2017-12-31	$NZ$1.40 B	137.87%
2016-12-31	$NZ$0.59 B	107.65%
2015-12-31	$NZ$0.28 B	230.12%
2014-12-31	$NZ$86.44 M	-16.8%
2013-12-31	$NZ$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
MercadoLibre MELI	NZ$7.07 B	-60.45%	🇦🇷 Argentina
Etsy ETSY	-NZ$1.11 Billion	-106.17%	🇺🇸 USA
Shoper SHO.WA	NZ$27.32 M	-99.85%	🇵🇱 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 September 2024 : NZ$17.89 Billion