Ferrari NV (LTS:0RDT) Total Assets : €8,989 Mil (As of Sep. 2024)

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What is Ferrari NV Total Assets?

Ferrari NV's Total Assets for the quarter that ended in Sep. 2024 was €8,989 Mil.

During the past 12 months, Ferrari NV's average Total Assets Growth Rate was 8.90% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 11.50% per year. During the past 10 years, the average Total Assets Growth Rate was 6.20% per year.

During the past 12 years, Ferrari NV's highest 3-Year average Total Assets Growth Rate was 12.20%. The lowest was -8.20%. And the median was 10.55%.

Total Assets is connected with ROA %. Ferrari NV's annualized ROA % for the quarter that ended in Sep. 2024 was 16.74%. Total Assets is also linked to Revenue through Asset Turnover. Ferrari NV's Asset Turnover for the quarter that ended in Sep. 2024 was 0.18.

Ferrari NV Total Assets Historical Data

The historical data trend for Ferrari NV's Total Assets 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 Total Assets Chart

Ferrari NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,446.37

6,262.05

6,863.51

7,765.82

8,051.31

Ferrari NV Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															7,894.18	8,051.31	8,647.88	8,889.57	8,989.18

Ferrari NV Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ferrari NV's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	3070.622	+	4980.69
	=	8,051

Ferrari NV's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	3344.664	+	5644.514
	=	8,989

Ferrari NV (LTS:0RDT) Total Assets Explanation

Total Assets is connected with ROA %.

Ferrari NV's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	1496.692	/	( (8889.571	+	8989.178)	/ 2 )
	=	1496.692	/	8939.3745
	=	16.74 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ferrari NV's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	1644.439	/	( (8889.571	+	8989.178)	/ 2 )
=	1644.439	/	8939.3745
=	0.18

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ferrari NV Total Assets Related Terms

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Ferrari NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (LTS:0RDT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

RACE:USA RACEN:Mexico RACE:Italy RACEm:UK 2FE:Germany 2FE:Bulgaria RACE:Austria

Address

Via Abetone Inferiore n. 4, Maranello, ITA, I-41053

Website

https://www.ferrari.com

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 2023, the company sold 13,663 vehicles at an average price over EUR 400,000 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 2023, the Europe, Middle East, and Africa region accounted for 48% of revenue, the Americas was 30%, mainland China, Hong Kong, and Taiwan was 10%, and the rest of Asia was 13%.

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