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Ferrari NV (MIL:RACE) Long-Term Debt : €3,226 Mil (As of Dec. 2024)


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What is Ferrari NV Long-Term Debt?

Ferrari NV's Long-Term Debt for the quarter that ended in Dec. 2024 was €3,226 Mil.

Ferrari NV's quarterly Long-Term Debt declined from Jun. 2024 (€1,825 Mil) to Sep. 2024 (€1,742 Mil) but then increased from Sep. 2024 (€1,742 Mil) to Dec. 2024 (€3,226 Mil).

Ferrari NV's annual Long-Term Debt declined from Dec. 2022 (€2,754 Mil) to Dec. 2023 (€2,404 Mil) but then increased from Dec. 2023 (€2,404 Mil) to Dec. 2024 (€3,226 Mil).


Ferrari NV Long-Term Debt Historical Data

The historical data trend for Ferrari NV's Long-Term Debt 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.

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Ferrari NV Long-Term Debt Chart

Ferrari NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,662.46 2,573.80 2,754.36 2,404.14 3,225.62

Ferrari NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Long-Term Debt 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 2,404.14 1,716.45 1,825.34 1,741.59 3,225.62

Ferrari NV  (MIL:RACE) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.


Ferrari NV Long-Term Debt Related Terms

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Ferrari NV Business Description

Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2024, the company sold 13,752 vehicles at an average price over EUR 480,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2024, the Europe, Middle East, and Africa region accounted for 47% of revenue, the Americas was 33%, mainland China, Hong Kong, and Taiwan was 8%, and the rest of Asia was 12%.