Shopify SHOP Interest coverage
Interest coverage at other companies
Other financials
Where this comes from
Calculated from Shopify’s reported figures.
Based on trailing twelve months.
The official record: Shopify’s 10-Q, filed November 4, 2025, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shopify's interest coverage?
- Shopify (SHOP) reported interest coverage of 1.1× in Q3 2024.
- How has Shopify's interest coverage changed year-over-year?
- Shopify's interest coverage increased by 100.1% year-over-year, from -1,269× to 1.1×.
- What does interest coverage mean?
- How many times the company's operating profit covers its interest bill.
- How do you interpret interest coverage?
- Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
- How does interest coverage compare across companies?
- Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.