Ferrari N.V. (BIT:RACE)

Ferrari Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,859	1,742	1,122	1,389	1,344	1,362
Short-Term Investments	8.21	5.66	5.57	7.07	1.94	1.45
Trading Asset Securities	3.51	5.55	17.41	36.77	6.05	0.5
Cash & Short-Term Investments	1,870	1,753	1,145	1,433	1,352	1,364
Cash Growth	34.34%	53.14%	-20.09%	5.96%	-0.90%	51.59%
Accounts Receivable	411.21	349.18	261.38	232.41	185	184.26
Other Receivables	17.33	72.76	77.15	95.91	75.58	44.06
Receivables	428.54	421.93	338.53	328.33	260.58	228.32
Inventory	1,094	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	244.19	30.75	49.01	73.88	30.37	44.16
Total Current Assets	5,294	5,020	3,986	3,953	3,364	3,076
Property, Plant & Equipment	1,922	1,330	1,183	1,219	1,034	896.89
Long-Term Investments	84.17	80.82	67.67	59.53	54.51	42.84
Goodwill	785.18	785.18	785.18	785.18	785.18	785.18
Other Intangible Assets	1,581	42.78	49.8	42.92	31.03	40.82
Long-Term Deferred Tax Assets	247.08	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	9,913	9,497	8,051	7,766	6,864	6,262
Accounts Payable	906.16	945.66	930.56	902.97	797.83	713.81
Accrued Expenses	151.03	288.63	276.09	273.29	159.16	117.18
Current Portion of Long-Term Debt	1,288	1,308	724.42	963.48	501.34	872.86
Current Portion of Leases	30.6	26.49	16.45	15.92	14.78	16.37
Current Income Taxes Payable	133.86	37.87	89.27	58.56	112.91	15.9
Other Current Liabilities	174.98	214.07	144.04	146.06	145.29	109.08
Total Current Liabilities	2,684	2,848	2,217	2,401	1,749	1,862
Long-Term Debt	1,869	1,918	1,680	1,791	2,072	1,790
Long-Term Leases	147.34	99.78	56.6	41.51	41.43	45.92
Long-Term Unearned Revenue	601.75	882.87	806.31	270.35	256.21	270.83
Long-Term Deferred Tax Liabilities	154.1	82.43	100.87	86.16	78.5	96.18
Other Long-Term Liabilities	760.04	105.43	102.4	558.68	436.28	387.91
Total Liabilities	6,338	5,954	4,981	5,163	4,652	4,473
Common Stock	2.57	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	3,512	-4,582	-4,518	-4,541	-4,452	-4,689
Comprehensive Income & Other	54.84	2,345	1,808	1,363	886.78	703.34
Total Common Equity	3,570	3,534	3,061	2,593	2,206	1,785
Minority Interest	5.04	9.29	9.73	9.63	5.52	4.02
Shareholders' Equity	3,575	3,543	3,071	2,602	2,211	1,789
Total Liabilities & Equity	9,913	9,497	8,051	7,766	6,864	6,262
Total Debt	3,334	3,352	2,477	2,812	2,630	2,725
Net Cash (Debt)	-1,464	-1,598	-1,332	-1,379	-1,278	-1,360
Net Cash Per Share	-8.15	-8.88	-7.34	-7.53	-6.92	-7.34
Filing Date Shares Outstanding	178.2	179.04	180.3	181.95	183.84	184.75
Total Common Shares Outstanding	178.2	179.04	180.42	181.95	183.84	184.75
Working Capital	2,610	2,172	1,769	1,552	1,615	1,213
Book Value Per Share	20.03	19.74	16.97	14.25	12.00	9.66
Tangible Book Value	1,204	2,706	2,226	1,765	1,390	959.19
Tangible Book Value Per Share	6.76	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.