Ferrari (RACE) - Cash on Hand

Cash on Hand as of September 2024 : HK$13.34 Billion

According to Ferrari's latest financial reports the company has HK$13.34 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	HK$9.73 B	-16.79%
2022-12-31	HK$11.69 B	-1.57%
2021-12-31	HK$11.88 B	-8.59%
2020-12-31	HK$13.00 B	65.63%
2019-12-31	HK$7.85 B	9.96%
2018-12-31	HK$7.14 B	16.88%
2017-12-31	HK$6.10 B	61.54%
2016-12-31	HK$3.78 B	139.53%
2015-12-31	HK$1.57 B	24.65%
2014-12-31	HK$1.26 B	3.96%
2013-12-31	HK$1.21 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	HK$13.34 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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