Shopify Total Stockholder Equity vs Deferred Long Term Liab Analysis

SHOP Stock

USD 59.70 0.55 0.93%

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 Total Stockholder Equity and its Deferred Long Term Liab 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.

Total Stockholder Equity vs Deferred Long Term Liab

Total Stockholder Equity vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Shopify Total Stockholder Equity account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Shopify's Total Stockholder Equity and Deferred Long Term Liab is 0.79. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Shopify, assuming nothing else is changed. The correlation between historical values of Shopify's Total Stockholder Equity and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Shopify are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Total Stockholder Equity i.e., Shopify's Total Stockholder Equity and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

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 06/03/2024, 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 Total Stockholder Equity vs Deferred Long Term Liab Analysis

Total Stockholder Equity vs Deferred Long Term Liab

Total Stockholder Equity vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Deferred Long Term Liab

Shopify fundamental ratios Correlations

Shopify Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Shopify Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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