Shopify Retained Earnings vs Short Term Debt Analysis

SHOP Stock

USD 58.77 0.74 1.28%

Shopify financial indicator trend analysis is much more than just breaking down Shopify prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Shopify is a good investment. Please check the relationship between Shopify Retained Earnings and its Short Term Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shopify Retained Earnings account and Short Term Debt. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Shopify's Retained Earnings and Short Term Debt is 0.17. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Shopify, assuming nothing else is changed. The correlation between historical values of Shopify's Retained Earnings and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Shopify are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Retained Earnings i.e., Shopify's Retained Earnings and Short Term Debt go up and down completely randomly.

Correlation Coefficient

0.17

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Short Term Debt

Most indicators from Shopify's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Shopify current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.At this time, Shopify's Selling General Administrative is relatively stable compared to the past year. As of 05/16/2024, Tax Provision is likely to grow to about 55.6 M, though Enterprise Value Multiple is likely to grow to (1.1 K).

	2021	2022	2023	2024 (projected)
Gross Profit	2.5B	2.8B	3.5B	3.7B
Total Revenue	4.6B	5.6B	7.1B	7.4B

Gross Profit Total Revenue

Shopify fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.67	0.65	0.39	0.66	0.67	0.57	0.67	0.6	0.62	-0.45	0.15	0.67	0.63	0.6	0.68	0.62	0.47	0.69	0.69	0.64	0.37	0.53	0.56	0.65	0.66
Total Assets	0.67		0.98	0.59	0.97	1.0	0.93	0.98	0.79	0.95	-0.55	0.33	0.92	0.85	0.95	0.91	0.94	0.63	0.97	0.92	0.98	0.64	0.72	0.79	0.98	0.86
Short Long Term Debt Total	0.65	0.98		0.54	0.97	0.97	0.91	0.93	0.81	0.96	-0.51	0.22	0.93	0.85	0.94	0.88	0.93	0.73	0.95	0.87	1.0	0.69	0.75	0.75	0.99	0.88
Other Current Liab	0.39	0.59	0.54		0.71	0.59	0.65	0.51	0.18	0.71	0.01	-0.24	0.33	0.23	0.67	0.32	0.8	0.13	0.66	0.36	0.53	0.78	-0.04	0.74	0.59	0.36
Total Current Liabilities	0.66	0.97	0.97	0.71		0.96	0.94	0.91	0.78	0.99	-0.39	0.12	0.88	0.74	0.97	0.81	0.98	0.69	0.97	0.83	0.97	0.79	0.66	0.77	0.99	0.87
Total Stockholder Equity	0.67	1.0	0.97	0.59	0.96		0.93	0.99	0.78	0.94	-0.57	0.36	0.91	0.86	0.94	0.92	0.93	0.6	0.97	0.93	0.97	0.62	0.71	0.8	0.98	0.85
Other Liab	0.57	0.93	0.91	0.65	0.94	0.93		0.89	0.66	0.96	-0.25	0.32	0.81	0.63	0.99	0.73	0.93	0.59	0.85	0.77	0.93	0.75	0.58	0.65	0.94	0.76
Net Tangible Assets	0.67	0.98	0.93	0.51	0.91	0.99	0.89		0.76	0.88	-0.66	0.47	0.9	0.9	0.9	0.95	0.86	0.54	0.94	0.96	0.94	0.51	0.72	0.8	0.94	0.82
Property Plant And Equipment Net	0.6	0.79	0.81	0.18	0.78	0.78	0.66	0.76		0.74	-0.49	0.2	0.93	0.76	0.72	0.81	0.66	0.89	0.78	0.81	0.82	0.43	0.96	0.39	0.81	0.96
Current Deferred Revenue	0.62	0.95	0.96	0.71	0.99	0.94	0.96	0.88	0.74		-0.29	0.1	0.86	0.68	0.98	0.76	0.99	0.7	0.93	0.78	0.96	0.84	0.62	0.72	0.98	0.84
Net Debt	-0.45	-0.55	-0.51	0.01	-0.39	-0.57	-0.25	-0.66	-0.49	-0.29		-0.52	-0.57	-0.88	-0.28	-0.81	-0.3	-0.16	-0.59	-0.75	-0.49	0.17	-0.57	-0.63	-0.45	-0.45
Retained Earnings	0.15	0.33	0.22	-0.24	0.12	0.36	0.32	0.47	0.2	0.1	-0.52		0.31	0.45	0.25	0.47	0.05	-0.1	0.16	0.47	0.27	-0.35	0.35	0.13	0.22	0.14
Accounts Payable	0.67	0.92	0.93	0.33	0.88	0.91	0.81	0.9	0.93	0.86	-0.57	0.31		0.88	0.85	0.93	0.8	0.81	0.89	0.94	0.93	0.52	0.9	0.59	0.92	0.97
Cash	0.63	0.85	0.85	0.23	0.74	0.86	0.63	0.9	0.76	0.68	-0.88	0.45	0.88		0.67	0.98	0.66	0.53	0.85	0.95	0.83	0.25	0.79	0.74	0.81	0.78
Non Current Assets Total	0.6	0.95	0.94	0.67	0.97	0.94	0.99	0.9	0.72	0.98	-0.28	0.25	0.85	0.67		0.76	0.96	0.65	0.89	0.79	0.96	0.77	0.62	0.67	0.97	0.81
Cash And Short Term Investments	0.68	0.91	0.88	0.32	0.81	0.92	0.73	0.95	0.81	0.76	-0.81	0.47	0.93	0.98	0.76		0.73	0.57	0.9	0.99	0.87	0.34	0.81	0.75	0.86	0.84
Net Receivables	0.62	0.94	0.93	0.8	0.98	0.93	0.93	0.86	0.66	0.99	-0.3	0.05	0.8	0.66	0.96	0.73		0.6	0.94	0.76	0.93	0.85	0.52	0.79	0.96	0.78
Good Will	0.47	0.63	0.73	0.13	0.69	0.6	0.59	0.54	0.89	0.7	-0.16	-0.1	0.81	0.53	0.65	0.57	0.6		0.61	0.58	0.73	0.58	0.85	0.17	0.72	0.87
Common Stock Total Equity	0.69	0.97	0.95	0.66	0.97	0.97	0.85	0.94	0.78	0.93	-0.59	0.16	0.89	0.85	0.89	0.9	0.94	0.61		0.9	0.94	0.67	0.67	0.87	0.95	0.85
Short Term Investments	0.69	0.92	0.87	0.36	0.83	0.93	0.77	0.96	0.81	0.78	-0.75	0.47	0.94	0.95	0.79	0.99	0.76	0.58	0.9		0.88	0.38	0.8	0.73	0.87	0.86
Non Current Liabilities Total	0.64	0.98	1.0	0.53	0.97	0.97	0.93	0.94	0.82	0.96	-0.49	0.27	0.93	0.83	0.96	0.87	0.93	0.73	0.94	0.88		0.68	0.76	0.72	1.0	0.88
Inventory	0.37	0.64	0.69	0.78	0.79	0.62	0.75	0.51	0.43	0.84	0.17	-0.35	0.52	0.25	0.77	0.34	0.85	0.58	0.67	0.38	0.68		0.25	0.52	0.73	0.57
Other Current Assets	0.53	0.72	0.75	-0.04	0.66	0.71	0.58	0.72	0.96	0.62	-0.57	0.35	0.9	0.79	0.62	0.81	0.52	0.85	0.67	0.8	0.76	0.25		0.29	0.73	0.89
Other Stockholder Equity	0.56	0.79	0.75	0.74	0.77	0.8	0.65	0.8	0.39	0.72	-0.63	0.13	0.59	0.74	0.67	0.75	0.79	0.17	0.87	0.73	0.72	0.52	0.29		0.74	0.51
Total Liab	0.65	0.98	0.99	0.59	0.99	0.98	0.94	0.94	0.81	0.98	-0.45	0.22	0.92	0.81	0.97	0.86	0.96	0.72	0.95	0.87	1.0	0.73	0.73	0.74		0.88
Property Plant And Equipment Gross	0.66	0.86	0.88	0.36	0.87	0.85	0.76	0.82	0.96	0.84	-0.45	0.14	0.97	0.78	0.81	0.84	0.78	0.87	0.85	0.86	0.88	0.57	0.89	0.51	0.88

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Shopify Account Relationship Matchups

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When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shopify. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

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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.

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Is Shopify's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shopify. If investors know Shopify will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shopify listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

4.858

Earnings Share

(0.16)

Revenue Per Share

5.773

Quarterly Revenue Growth

0.234

Return On Assets

0.031

The market value of Shopify is measured differently than its book value, which is the value of Shopify that is recorded on the company's balance sheet. Investors also form their own opinion of Shopify's value that differs from its market value or its book value, called intrinsic value, which is Shopify's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shopify's market value can be influenced by many factors that don't directly affect Shopify's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shopify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Shopify Retained Earnings vs Short Term Debt Analysis

Retained Earnings vs Short Term Debt

Retained Earnings vs Short Term Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Short Term Debt

Shopify fundamental ratios Correlations

Shopify Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Complementary Tools for Shopify Stock analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.99	Short Long Term Debt Total
Current Deferred Revenue	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities

Cash	- 0.88	Net Debt
Cash And Short Term Investments	- 0.81	Net Debt
Short Term Investments	- 0.75	Net Debt
Net Debt	- 0.66	Net Tangible Assets
Other Stockholder Equity	- 0.63	Net Debt
Common Stock Total Equity	- 0.59	Net Debt