Total Debt
$358.3M
Net Debt
-$5.41B
Shopify Inc. currently has $358.3M in total debt. Net debt is -$5.41B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
SHOP • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 0.36 | 5.77 | -5.41Net Cash | 15.16 | 2.4% |
| 2025-09-30 | 1.11 | 6.34 | -5.23Net Cash | 15.02 | 7.4% |
| 2025-06-30 | 1.14 | 5.83 | -4.69Net Cash | 14.59 | 7.8% |
| 2025-03-31 | 1.14 | 5.51 | -4.38Net Cash | 13.40 | 8.5% |
| 2024-12-31 | 1.13 | 5.48 | -4.35Net Cash | 13.92 | 8.1% |
| 2024-09-30 | 1.14 | 4.89 | -3.75Net Cash | 12.33 | 9.3% |
| 2024-06-30 | 1.14 | 5.02 | -3.88Net Cash | 11.35 | 10.0% |
| 2024-03-31 | 1.15 | 5.18 | -4.03Net Cash | 11.11 | 10.3% |
| 2023-12-31 | 1.15 | 5.01 | -3.86Net Cash | 11.30 | 10.2% |
| 2023-09-30 | 1.12 | 4.92 | -3.80Net Cash | 10.46 | 10.7% |
| 2023-06-30 | 1.13 | 4.78 | -3.65Net Cash | 9.70 | 11.7% |
| 2023-03-31 | 1.40 | 4.86 | -3.46Net Cash | 10.96 | 12.8% |
| 2022-12-31 | 1.40 | 5.05 | -3.66Net Cash | 10.76 | 13.0% |
| 2022-09-30 | 1.30 | 4.94 | -3.64Net Cash | 11.20 | 11.6% |
| 2022-06-30 | 1.19 | 6.95 | -5.76Net Cash | 10.75 | 11.1% |
| 2022-03-31 | 1.20 | 7.25 | -6.05Net Cash | 11.83 | 10.1% |
| 2021-12-31 | 1.17 | 7.77 | -6.59Net Cash | 13.34 | 8.8% |
| 2021-09-30 | 1.10 | 7.52 | -6.42Net Cash | 13.54 | 8.1% |
| 2021-06-30 | 1.08 | 7.76 | -6.68Net Cash | 11.96 | 9.0% |
| 2021-03-31 | 1.08 | 7.87 | -6.79Net Cash | 10.82 | 10.0% |
| 2020-12-31 | 0.91 | 6.39 | -5.48Net Cash | 7.76 | 11.8% |
| 2020-09-30 | 0.90 | 6.12 | -5.22Net Cash | 7.46 | 12.1% |
| 2020-06-30 | 0.15 | 4.00 | -3.85Net Cash | 5.10 | 3.0% |
| 2020-03-31 | 0.14 | 2.36 | -2.22Net Cash | 3.47 | 4.1% |
| 2019-12-31 | 0.15 | 2.46 | -2.30Net Cash | 3.49 | 4.3% |
| 2019-09-30 | 0.11 | 2.67 | -2.56Net Cash | 3.19 | 3.5% |
| 2019-06-30 | 0.11 | 2.01 | -1.90Net Cash | 2.47 | 4.6% |
| 2019-03-31 | 0.10 | 2.00 | -1.89Net Cash | 2.40 | 4.3% |
| 2018-12-31 | 0.02 | 1.97 | -1.94Net Cash | 2.25 | 1.1% |
| 2018-09-30 | 0.02 | 1.58 | -1.56Net Cash | 1.84 | 1.2% |
| 2018-06-30 | 0.02 | 1.57 | -1.56Net Cash | 1.81 | 1.0% |
| 2018-03-31 | 0.02 | 1.58 | -1.56Net Cash | 1.78 | 1.0% |
| 2017-12-31 | 0.02 | 0.94 | -0.92Net Cash | 1.11 | 1.5% |
| 2017-09-30 | 0.02 | 0.93 | -0.91Net Cash | 1.10 | 1.5% |
| 2017-06-30 | 0.01 | 0.93 | -0.92Net Cash | 1.08 | 1.3% |
| 2017-03-31 | 0.01 | 0.40 | -0.38Net Cash | 0.50 | 2.8% |
| 2016-12-31 | 0.01 | 0.39 | -0.38Net Cash | 0.49 | 2.8% |
| 2016-09-30 | 0.01 | 0.40 | -0.39Net Cash | 0.49 | 2.7% |
| 2016-06-30 | 0.01 | 0.18 | -0.17Net Cash | 0.25 | 5.1% |
| 2016-03-31 | 0.01 | 0.19 | -0.18Net Cash | 0.25 | 4.9% |
| 2015-12-31 | 0.01 | 0.19 | -0.18Net Cash | 0.24 | 4.6% |
| 2015-09-30 | 0.01 | 0.19 | -0.18Net Cash | 0.24 | 4.2% |
| 2015-06-30 | 0.01 | 0.20 | -0.19Net Cash | 0.24 | 4.0% |
| 2015-03-31 | 0.01 | 0.06 | -0.05Net Cash | 0.10 | 8.5% |
| 2014-12-31 | 0.01 | 0.06 | -0.05Net Cash | 0.10 | 8.2% |
| 2014-03-31 | 0.00 | 0.08 | -0.08Net Cash | 0.00 | — |