Shopify (SHOP) Interest Coverage Ratio (2020 - 2022)
Shopify's quarterly Interest Coverage Ratio came in at 214.73 in Q4 2022, up 1408.9% year-on-year from 14.23 in Q4 2021, and down 45.47% quarter-over-quarter from 393.8 in Q3 2022.
Shopify has reported Interest Coverage Ratio for 3 years, with the latest figure at 214.73 in Q4 2022.
- For the quarter ending Q4 2022, Interest Coverage Ratio rose 1408.9% year-over-year to 214.73; the trailing twelve-month figure through Mar 2026 stood at 1.768452784128e+18 (up 38.17% YoY), and the FY2022 full-year result was 180.76, down 394.54% from the prior year.
- Interest Coverage Ratio for Q4 2022 stood at 214.73, down from 393.8 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 393.8 in Q3 2022, with the low at 197.01 in Q2 2021.
- Average Interest Coverage Ratio over 3 years is 53.51, with a median of 5.85 recorded in 2021.
- Year-over-year, Interest Coverage Ratio climbed 12.26% in 2021 and soared 8273.49% in 2022.
- Tracing SHOP's Interest Coverage Ratio over 3 years: stood at 18.7 in 2020, then rose by 12.26% to 16.41 in 2021, then jumped by 1408.9% to 214.73 in 2022.
- The last three Interest Coverage Ratio figures came in at 214.73 (Q4 2022), 393.8 (Q3 2022), and 218.88 (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -9.39 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | - |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 17.81 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | - |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 13.64 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 38.38 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | -17.35 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 57.43 |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 2.35 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 214.73 |
| Sep 30, 2022 | 393.80 |
| Jun 30, 2022 | 218.88 |
| Mar 31, 2022 | 112.10 |
| Dec 31, 2021 | -16.41 |
| Sep 30, 2021 | 4.70 |
| Jun 30, 2021 | -197.01 |
| Mar 31, 2021 | -136.20 |
| Dec 31, 2020 | -18.70 |
| Sep 30, 2020 | -40.84 |