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Ferrari NV (Ferrari NV) Marketable Securities : $6 Mil (As of Dec. 2023)


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What is Ferrari NV Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Ferrari NV's Marketable Securities for the quarter that ended in Dec. 2023 was $6 Mil.

Ferrari NV's annual Marketable Securities increased from Dec. 2021 ($2 Mil) to Dec. 2022 ($7 Mil) but then declined from Dec. 2022 ($7 Mil) to Dec. 2023 ($6 Mil).


Ferrari NV Marketable Securities Historical Data

The historical data trend for Ferrari NV's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ferrari NV Marketable Securities Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 1.76 2.19 7.49 6.07

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.49 3.73 3.77 38.56 6.07

Ferrari NV Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Ferrari NV  (NYSE:RACE) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


Ferrari NV Marketable Securities Related Terms

Thank you for viewing the detailed overview of Ferrari NV's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrari NV (Ferrari NV) Business Description

Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.