Ferrari (RACE) - Cash on Hand

Cash on Hand as of June 2024 : HK$11.20 B

According to Ferrari's latest financial reports the company has HK$11.20 B 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	-2.02%
2021-12-31	HK$11.94 B	-7.62%
2020-12-31	HK$12.92 B	64.24%
2019-12-31	HK$7.87 B	10.08%
2018-12-31	HK$7.14 B	17.03%
2017-12-31	HK$6.10 B	61.54%
2016-12-31	HK$3.78 B	139.91%
2015-12-31	HK$1.57 B	24.3%
2014-12-31	HK$1.26 B	4.04%
2013-12-31	HK$1.21 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	HK$11.20 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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