Ferrari (RACE) - Cash on Hand

Cash on Hand as of June 2024 : €1.34 Billion

According to Ferrari's latest financial reports the company has €1.34 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	€1.12 B	-19.23%
2022-12-31	€1.39 B	3.71%
2021-12-31	€1.34 B	-1.3%
2020-12-31	€1.36 B	51.55%
2019-12-31	€0.89 B	12.91%
2018-12-31	€0.79 B	22.3%
2017-12-31	€0.65 B	40.55%
2016-12-31	€0.46 B	148.87%
2015-12-31	€0.18 B	38.75%
2014-12-31	€0.13 B	18.01%
2013-12-31	€0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	€1.34 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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