Ferrari (RACE) - Cash on Hand

Cash on Hand as of September 2024 : C$2.46 Billion

According to Ferrari's latest financial reports the company has C$2.46 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	C$1.65 B	-18.64%
2022-12-31	C$2.03 B	4.59%
2021-12-31	C$1.94 B	-9.17%
2020-12-31	C$2.13 B	62.45%
2019-12-31	C$1.31 B	6.01%
2018-12-31	C$1.24 B	26.34%
2017-12-31	C$0.98 B	50%
2016-12-31	C$0.65 B	131.93%
2015-12-31	C$0.28 B	49.11%
2014-12-31	C$0.18 B	13.3%
2013-12-31	C$0.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	C$2.46 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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