Ferrari (RACE) - Cash on Hand

Cash on Hand as of September 2024 : S$2.30 Billion

According to Ferrari's latest financial reports the company has S$2.30 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	S$1.64 B	-17.99%
2022-12-31	S$2.00 B	-2.59%
2021-12-31	S$2.06 B	-7.14%
2020-12-31	S$2.21 B	63.28%
2019-12-31	S$1.35 B	9.11%
2018-12-31	S$1.24 B	19.11%
2017-12-31	S$1.04 B	48.17%
2016-12-31	S$0.70 B	144.96%
2015-12-31	S$0.28 B	33.54%
2014-12-31	S$0.21 B	8.39%
2013-12-31	S$0.19 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ferrari RACE	S$2.30 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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