Ferrari (RACE) - Cash on Hand

Cash on Hand as of June 2024 : NZ$2.40 Billion

According to Ferrari's latest financial reports the company has NZ$2.40 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	NZ$1.97 B	-16.43%
2022-12-31	NZ$2.35 B	5.68%
2021-12-31	NZ$2.23 B	-4%
2020-12-31	NZ$2.32 B	55.32%
2019-12-31	NZ$1.49 B	10.12%
2018-12-31	NZ$1.35 B	23.46%
2017-12-31	NZ$1.10 B	56.38%
2016-12-31	NZ$0.70 B	136.56%
2015-12-31	NZ$0.29 B	42.8%
2014-12-31	NZ$0.20 B	9%
2013-12-31	NZ$0.19 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	NZ$2.40 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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