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
DateValue
Dec 31, 2023 916.00 Mn
Dec 31, 2022 913.00 Mn
Dec 31, 2021 910.96 Mn
Dec 31, 2020 758.01 Mn