Shopify Other Current Assets from 2010 to 2024

SHOP Stock  USD 63.82  0.81  1.29%   
Shopify Other Current Assets yearly trend continues to be relatively stable with very little volatility. Other Current Assets are likely to drop to about 19 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-12-31
Previous Quarter
20 M
Current Value
183 M
Quarterly Volatility
55 M
 
Yuan Drop
 
Covid
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.7 M, Interest Expense of 1.3 M or Selling General Administrative of 515.5 M, as well as many indicators such as Price To Sales Ratio of 26.28, Dividend Yield of 0.0 or PTB Ratio of 15.57. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
  
Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Latest Shopify's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Shopify over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Shopify's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shopify's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Shopify Other Current Assets Regression Statistics

Arithmetic Mean29,176,600
Geometric Mean5,142,454
Coefficient Of Variation146.80
Mean Deviation32,440,747
Median8,989,000
Standard Deviation42,831,184
Sample Variance1834.5T
Range139.4M
R-Value0.61
Mean Square Error1233.7T
R-Squared0.38
Significance0.02
Slope5,869,257
Total Sum of Squares25683.1T

Shopify Other Current Assets History

202419 M
202320 M
2022139.7 M
2021103.3 M
202068.2 M
201948.8 M
20183.7 M

About Shopify Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Shopify income statement, its balance sheet, and the statement of cash flows. Shopify investors use historical funamental indicators, such as Shopify's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Shopify investors may use each financial statement separately, they are all related. The changes in Shopify's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shopify's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Shopify Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Shopify. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets20 M19 M

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Additional Tools for Shopify Stock Analysis

When running Shopify's price analysis, check to measure Shopify's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shopify is operating at the current time. Most of Shopify's value examination focuses on studying past and present price action to predict the probability of Shopify's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shopify's price. Additionally, you may evaluate how the addition of Shopify to your portfolios can decrease your overall portfolio volatility.