Shopify (SHOP) Convertible Debt (2020 - 2023)
Shopify (SHOP) recorded quarterly Convertible Debt of $916.0 million in Q4 2023, little changed quarter-over-quarter from $913.0 million in Q4 2022, and little changed on a YoY basis from $913.0 million in Q4 2022.
Shopify (SHOP) Convertible Debt (2020 - 2023) Analysis & Trends
Shopify's Convertible Debt history runs 4 years deep, the most recent figure standing at $916.0 million for Q4 2023.
- In Q4 2023, Convertible Debt changed 0.33% year-over-year to $916.0 million; the TTM figure through Dec 2023 stood at $916.0 million (changed 0.33% YoY), while the FY2023 annual figure was $916.0 million, changed 0.33% from the prior year.
- Convertible Debt was $916.0 million for Q4 2023 at Shopify, roughly flat from $913.0 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $916.0 million in Q4 2023 to a low of $758.0 million in Q4 2020.
- Historically, Convertible Debt has averaged $874.5 million across 4 years, with a median of $912.0 million in 2021.
- The sharpest annual moves came in 2021 and 2022: Convertible Debt advanced 20.18% in 2021, then increased 0.22% in 2022.
- A 4-year view of Convertible Debt shows it stood at $758.0 million in 2020, then rose by 20.18% to $911.0 million in 2021, then grew by 0.22% to $913.0 million in 2022, then rose by 0.33% to $916.0 million in 2023.
- The last three Convertible Debt figures came in at $916.0 million (Q4 2023), $913.0 million (Q4 2022), and $911.0 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn |
| 10 | Snowflake | 82.57 Bn | 79.61 Bn | 926.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 916.00 Mn |
| Dec 31, 2022 | 913.00 Mn |
| Dec 31, 2021 | 910.96 Mn |
| Dec 31, 2020 | 758.01 Mn |