Ferrari N.V. (RACE)

Ferrari Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,742	1,122	1,389	1,344	1,362
Short-Term Investments	5.66	5.57	7.07	1.94	1.45
Trading Asset Securities	5.55	17.41	36.77	6.05	0.5
Cash & Short-Term Investments	1,753	1,145	1,433	1,352	1,364
Cash Growth	53.14%	-20.09%	5.96%	-0.90%	51.59%
Accounts Receivable	349.18	261.38	232.41	185	184.26
Other Receivables	72.76	77.15	95.91	75.58	44.06
Receivables	421.93	338.53	328.33	260.58	228.32
Inventory	1,088	948.51	674.66	540.58	460.62
Prepaid Expenses	63.98	53.85	42.91	36.08	38.83
Other Current Assets	30.75	49.01	73.88	30.37	44.16
Total Current Assets	5,020	3,986	3,953	3,364	3,076
Property, Plant & Equipment	1,330	1,183	1,219	1,034	896.89
Long-Term Investments	80.82	67.67	59.53	54.51	42.84
Goodwill	785.18	785.18	785.18	785.18	785.18
Other Intangible Assets	42.78	49.8	42.92	31.03	40.82
Long-Term Deferred Tax Assets	236.79	217.55	203.38	168.76	152.22
Long-Term Deferred Charges	1,503	1,370	1,264	1,107	938.47
Other Long-Term Assets	499.14	391.79	238.61	318.9	329.74
Total Assets	9,497	8,051	7,766	6,864	6,262
Accounts Payable	945.66	930.56	902.97	797.83	713.81
Accrued Expenses	288.63	276.09	273.29	159.16	117.18
Current Portion of Long-Term Debt	1,308	724.42	963.48	501.34	872.86
Current Portion of Leases	26.49	16.45	15.92	14.78	16.37
Current Income Taxes Payable	37.87	89.27	58.56	112.91	15.9
Other Current Liabilities	214.07	144.04	146.06	145.29	109.08
Total Current Liabilities	2,848	2,217	2,401	1,749	1,862
Long-Term Debt	1,918	1,680	1,791	2,072	1,790
Long-Term Leases	99.78	56.6	41.51	41.43	45.92
Long-Term Unearned Revenue	882.87	806.31	270.35	256.21	270.83
Long-Term Deferred Tax Liabilities	82.43	100.87	86.16	78.5	96.18
Other Long-Term Liabilities	105.43	102.4	558.68	436.28	387.91
Total Liabilities	5,954	4,981	5,163	4,652	4,473
Common Stock	2.57	2.57	2.57	2.57	2.57
Additional Paid-In Capital	5,769	5,769	5,769	5,769	5,769
Retained Earnings	-4,582	-4,518	-4,541	-4,452	-4,689
Comprehensive Income & Other	2,345	1,808	1,363	886.78	703.34
Total Common Equity	3,534	3,061	2,593	2,206	1,785
Minority Interest	9.29	9.73	9.63	5.52	4.02
Shareholders' Equity	3,543	3,071	2,602	2,211	1,789
Total Liabilities & Equity	9,497	8,051	7,766	6,864	6,262
Total Debt	3,352	2,477	2,812	2,630	2,725
Net Cash (Debt)	-1,598	-1,332	-1,379	-1,278	-1,360
Net Cash Per Share	-8.88	-7.34	-7.53	-6.92	-7.34
Filing Date Shares Outstanding	179.04	180.3	181.95	183.84	184.75
Total Common Shares Outstanding	179.04	180.42	181.95	183.84	184.75
Working Capital	2,172	1,769	1,552	1,615	1,213
Book Value Per Share	19.74	16.97	14.25	12.00	9.66
Tangible Book Value	2,706	2,226	1,765	1,390	959.19
Tangible Book Value Per Share	15.11	12.34	9.70	7.56	5.19
Land	152.81	151.23	131.99	50.06	29.39
Buildings	657.43	523.15	498.05	486.68	430.46
Machinery	3,350	3,206	3,071	2,767	2,545

Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q