Ferrari (RACE) - Cash on Hand

Cash on Hand as of June 2024 : A$2.19 Billion

According to Ferrari's latest financial reports the company has A$2.19 Billion in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Ferrari - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.82 B	-16.86%
2022-12-31	A$2.20 B	4.65%
2021-12-31	A$2.10 B	-3.62%
2020-12-31	A$2.18 B	51.51%
2019-12-31	A$1.43 B	11.25%
2018-12-31	A$1.29 B	29.23%
2017-12-31	A$1.00 B	48.03%
2016-12-31	A$0.67 B	141.96%
2015-12-31	A$0.27 B	40.13%
2014-12-31	A$0.19 B	13.27%
2013-12-31	A$0.17 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	A$2.19 B	0.00%	🇮🇹 Italy

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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