Shopify Inc. (SHOP) Debt to Assets Ratio: 0.01%
The debt to assets ratio for Shopify Inc. (SHOP) is 0.01% as of Wednesday, June 10, 2026.
SHOP Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.01%
SHOP Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Shopify Inc. (SHOP) | — | 0.01% |
| Uber Technologies, Inc. (UBER) | $143.27B | 0.20% |
| Salesforce, Inc. (CRM) | $143.61B | 0.15% |
| CrowdStrike Holdings, Inc. (CRWD) | $164.18B | 0.07% |
| ServiceNow, Inc. (NOW) | $110.32B | 0.12% |
| Palo Alto Networks, Inc. (PANW) | $177.55B | 0.01% |
| Western Digital Corporation (WDC) | $178.45B | 0.36% |
| Cadence Design Systems, Inc. (CDNS) | $107.82B | 0.24% |
| Accenture plc (ACN) | $106.76B | 0.13% |
| Fortinet, Inc. (FTNT) | $101.39B | 0.10% |
Leverage Ratios Comparison
Debt/Assets
0.0%
Debt/Equity
0.01
Current Ratio
5.96
Interest Coverage
N/A
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Shopify Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Shopify Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Shopify Inc. (SHOP)?
- The debt to assets ratio for SHOP stock is 0.01%.
About Shopify Inc.
Shopify Inc. functions as a premier commerce technology company, providing an extensive platform and associated services to empower businesses worldwide. Its reach extends across Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific region, and Latin America. The company's robust platform equips merchants to effectively display, organize, market, and sell their merchandise through a multitude of sales avenues. These include digital storefronts accessible via web and mobile, traditional brick-and-mortar stores, temporary pop-up locations, integrated social media channels, proprietary mobile applications, embeddable "buy buttons," and established online marketplaces. Beyond sales, the platform streamlines crucial business operations such as product and inventory management, order and payment processing, fulfillment and shipping logistics, attracting new customers and fostering client relationships, product sourcing, analytical reporting, financial administration encompassing cash, payments, and transactions, and facilitating access to working capital. Additionally, Shopify offers supplementary services like the sale of custom website themes and applications, alongside domain name registration. Its merchant-focused solutions also cover payment acceptance, efficient shipping and order fulfillment, and aid in securing necessary operating funds. Founded in 2004 under the initial name Jaded Pixel Technologies Inc., the company officially rebranded to Shopify Inc. in November 2011. Its global headquarters are located in Ottawa, Canada.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Tobias Lutke