$SHOP

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Is Shopify's ($SHOP) enterprise value being calculated incorrectly? As of 12/17/18 SeekingAlpha shows equity value is $14.98B and Enterprise value is $15.96B. The company has no debt or minority interest or preferred shares on the balance sheet. They do have about $1.578B in cash and short term investments. Shouldn't enterprise value be $14.98B - $1.578B?

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anonymous
  • Under review

Thanks for reporting this issue. We will look into it.