Shopify Return On Assets from 2010 to 2024
| SHOP Stock | USD 63.82 0.81 1.29% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.01168245 | Current Value 0.0123 | Quarterly Volatility 0.11890075 |
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.
Shopify | Return On Assets |
Latest Shopify's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Shopify over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Shopify's Return On 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.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Shopify Return On Assets Regression Statistics
| Arithmetic Mean | (0.05) | |
| Coefficient Of Variation | (246.37) | |
| Mean Deviation | 0.07 | |
| Median | (0.05) | |
| Standard Deviation | 0.12 | |
| Sample Variance | 0.01 | |
| Range | 0.5402 | |
| R-Value | 0.20 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.04 | |
| Significance | 0.48 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.20 |
Shopify Return On Assets History
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 Return On 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 Reported | Projected for Next Year | ||
| Return On Assets | 0.01 | 0.01 |
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Try AI Portfolio ArchitectAdditional 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.