Shopify Cash And Short Term Investments from 2010 to 2024

SHOP Stock  USD 58.03  0.75  1.28%   
Shopify Cash And Short Term Investments yearly trend continues to be relatively stable with very little volatility. Cash And Short Term Investments are likely to drop to about 3 B. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2014-12-31
Previous Quarter
B
Current Value
5.2 B
Quarterly Volatility
2.7 B
 
Yuan Drop
 
Covid
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify 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 exotic 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.
  
This module can also supplement Shopify's financial leverage analysis and stock options assessment as well as various Shopify Technical models . Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Latest Shopify's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Shopify over the last few years. Short Term Investments is an account in the current assets section of Shopify balance sheet. This account contains Shopify investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Shopify fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Shopify's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Shopify Cash And Short Term Investments Regression Statistics

Arithmetic Mean2,239,123,140
Geometric Mean688,974,905
Coefficient Of Variation117.40
Mean Deviation2,169,071,235
Median938,039,000
Standard Deviation2,628,825,628
Sample Variance6910724.2T
Range7.7B
R-Value0.80
Mean Square Error2738283.8T
R-Squared0.63
Significance0.0004
Slope467,334,574
Total Sum of Squares96750138.6T

Shopify Cash And Short Term Investments History

2024B
2023B
20225.1 B
20217.8 B
20206.4 B
20192.5 B
2018B

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 Cash And Short Term Investments, 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 ReportedProjected for Next Year
Cash And Short Term InvestmentsBB

Shopify Investors Sentiment

The influence of Shopify's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Shopify. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Shopify's public news can be used to forecast risks associated with an investment in Shopify. The trend in average sentiment can be used to explain how an investor holding Shopify can time the market purely based on public headlines and social activities around Shopify. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Shopify's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shopify's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Shopify's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Shopify.

Shopify Implied Volatility

    
  107.21  
Shopify's implied volatility exposes the market's sentiment of Shopify stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Shopify's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Shopify stock will not fluctuate a lot when Shopify's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Shopify in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Shopify's short interest history, or implied volatility extrapolated from Shopify options trading.

Currently Active Assets on Macroaxis

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:
Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary 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.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
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.