Ferrari (RACE) - Cash on Hand

Cash on Hand as of September 2024 : $1.71 Billion USD

According to Ferrari's latest financial reports the company has $1.71 Billion USD 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	$1.24 B	-16.76%
2022-12-31	$1.49 B	-1.77%
2021-12-31	$1.52 B	-9.13%
2020-12-31	$1.67 B	66.4%
2019-12-31	$1.00 B	10.56%
2018-12-31	$0.91 B	16.61%
2017-12-31	$0.78 B	60.33%
2016-12-31	$0.48 B	139.42%
2015-12-31	$0.20 B	24.74%
2014-12-31	$0.16 B	3.93%
2013-12-31	$0.15 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	$1.71 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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