Ferrari (RACE) - Cash on Hand

Cash on Hand as of September 2024 : £1.35 Billion

According to Ferrari's latest financial reports the company has £1.35 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	£0.97 B	-20.95%
2022-12-31	£1.23 B	9.6%
2021-12-31	£1.12 B	-8.24%
2020-12-31	£1.23 B	60.08%
2019-12-31	£0.76 B	7.03%
2018-12-31	£0.71 B	24.16%
2017-12-31	£0.57 B	46.38%
2016-12-31	£0.39 B	187.54%
2015-12-31	£0.13 B	31.05%
2014-12-31	£0.10 B	10.11%
2013-12-31	£95.26 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	£1.35 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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