Ferrari Other Current Assets from 2010 to 2024

RACE Stock  USD 435.24  2.38  0.54%   
Ferrari NV's Other Current Assets are increasing over the years with slightly volatile fluctuation. Overall, Other Current Assets are expected to go to about 1.7 B this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2013-12-31
Previous Quarter
1.8 B
Current Value
210.7 M
Quarterly Volatility
518 M
 
Yuan Drop
 
Covid
Check Ferrari NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ferrari NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 395.2 M, Interest Expense of 14.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 4.65, Dividend Yield of 0.0073 or PTB Ratio of 18.97. Ferrari financial statements analysis is a perfect complement when working with Ferrari NV Valuation or Volatility modules.
  
Check out the analysis of Ferrari NV Correlation against competitors.
For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.

Latest Ferrari NV's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Ferrari NV over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Ferrari NV's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ferrari NV's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Ferrari Other Current Assets Regression Statistics

Arithmetic Mean775,867,257
Geometric Mean342,997,391
Coefficient Of Variation79.15
Mean Deviation482,710,841
Median767,809,000
Standard Deviation614,104,595
Sample Variance377124.5T
Range1.7B
R-Value0.47
Mean Square Error316314T
R-Squared0.22
Significance0.08
Slope64,577,207
Total Sum of Squares5279742.3T

Ferrari Other Current Assets History

20241.7 B
20231.6 B
20221.6 B
20211.3 B
20201.1 B
20194.3 M
201843.4 M

About Ferrari NV Financial Statements

Ferrari NV stakeholders use historical fundamental indicators, such as Ferrari NV's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Ferrari NV investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ferrari NV's assets and liabilities are reflected in the revenues and expenses on Ferrari NV's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ferrari NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets1.6 B1.7 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ferrari NV is a strong investment it is important to analyze Ferrari NV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ferrari NV's future performance. For an informed investment choice regarding Ferrari Stock, refer to the following important reports:
Check out the analysis of Ferrari NV Correlation against competitors.
For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ferrari NV. If investors know Ferrari will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ferrari NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.143
Dividend Share
2.443
Earnings Share
8.31
Revenue Per Share
35.896
Quarterly Revenue Growth
0.065
The market value of Ferrari NV is measured differently than its book value, which is the value of Ferrari that is recorded on the company's balance sheet. Investors also form their own opinion of Ferrari NV's value that differs from its market value or its book value, called intrinsic value, which is Ferrari NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ferrari NV's market value can be influenced by many factors that don't directly affect Ferrari NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ferrari NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ferrari NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ferrari NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.