Ferrari Property Plant Equipment vs Long Term Debt Analysis
RACE Stock | USD 429.51 2.35 0.55% |
Ferrari NV financial indicator trend analysis is much more than just examining Ferrari NV latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferrari NV is a good investment. Please check the relationship between Ferrari NV Property Plant Equipment and its Long Term Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.
Property Plant Equipment vs Long Term Debt
Property Plant Equipment vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ferrari NV Property Plant Equipment account and Long Term Debt. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ferrari NV's Property Plant Equipment and Long Term Debt is 0.31. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Ferrari NV, assuming nothing else is changed. The correlation between historical values of Ferrari NV's Property Plant Equipment and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Ferrari NV are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Property Plant Equipment i.e., Ferrari NV's Property Plant Equipment and Long Term Debt go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant Equipment
Long Term Debt
Long-term debt is a debt that Ferrari NV has held for over one year. Long-term debt appears on Ferrari NV balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Ferrari NV balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Ferrari NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferrari NV current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.At present, Ferrari NV's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 38.4M | 54.2M | 15M | 14.3M | Depreciation And Amortization | 456.0M | 546.2M | 662.3M | 395.2M |
Ferrari NV fundamental ratios Correlations
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Ferrari NV Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ferrari NV fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 187.5M | 185.4M | 184.7M | 183.1M | 181.5M | 149.7M | |
Total Assets | 5.4B | 6.3B | 6.9B | 7.8B | 8.1B | 6.0B | |
Short Long Term Debt Total | 2.5B | 2.7B | 2.6B | 2.8B | 2.5B | 2.3B | |
Other Current Liab | 93.1M | 388.0M | 838.0M | 451.2M | 948.3M | 995.7M | |
Total Current Liabilities | 804.6M | 790.5M | 991.5M | 1.1B | 2.3B | 1.2B | |
Total Stockholder Equity | 1.5B | 1.8B | 2.2B | 2.6B | 3.1B | 1.8B | |
Other Liab | 888.7M | 774.8M | 789.4M | 1.0B | 1.2B | 889.6M | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.4B | 1.5B | 1.6B | 1.1B | |
Net Debt | 1.2B | 1.4B | 1.3B | 1.4B | 1.4B | 1.3B | |
Retained Earnings | 1.5B | 1.7B | 2.2B | 2.5B | 3.0B | 1.8B | |
Accounts Payable | 711.5M | 713.8M | 797.8M | 903.0M | 930.6M | 746.2M | |
Cash | 897.9M | 1.4B | 1.3B | 1.4B | 1.1B | 844.5M | |
Non Current Assets Total | 2.8B | 3.2B | 3.5B | 3.8B | 4.1B | 2.9B | |
Non Currrent Assets Other | 710.3M | 850.6M | 1.1B | 2.7B | 3.2B | 3.3B | |
Other Assets | 1.1B | 1.4B | 1.6B | 1.7B | 2.0B | 2.1B | |
Long Term Debt | 2.0B | 2.7B | 2.6B | 2.8B | 2.4B | 2.0B | |
Cash And Short Term Investments | 899.9M | 1.4B | 1.3B | 1.4B | 1.1B | 850.3M | |
Net Receivables | 1.3B | 184.3M | 185M | 232.4M | 261.4M | 248.3M | |
Short Term Investments | 2.0M | 1.4M | 1.9M | 7.1M | 5.6M | 3.5M | |
Liabilities And Stockholders Equity | 5.4B | 6.3B | 6.9B | 7.8B | 8.1B | 6.0B | |
Non Current Liabilities Total | 3.2B | 3.7B | 3.7B | 4.1B | 2.7B | 2.9B | |
Inventory | 420.1M | 460.6M | 540.6M | 674.7M | 948.5M | 498.2M | |
Other Current Assets | 4.3M | 1.1B | 1.3B | 1.6B | 1.6B | 1.7B | |
Total Liab | 4.0B | 4.5B | 4.7B | 5.2B | 5.0B | 4.1B | |
Deferred Long Term Liab | 800.8M | 938.5M | 1.1B | 1.3B | 1.5B | 1.5B | |
Long Term Investments | 38.7M | 42.8M | 54.5M | 59.5M | 67.7M | 35.1M | |
Property Plant And Equipment Gross | 3.2B | 1.2B | 3.9B | 4.2B | 4.5B | 4.8B | |
Total Current Assets | 2.6B | 3.1B | 3.4B | 4.0B | 4.0B | 3.1B | |
Accumulated Other Comprehensive Income | 26.0M | 43.2M | 10.9M | 90.5M | 64.9M | 68.1M | |
Short Term Debt | 421.3M | 889.2M | 516.1M | 979.4M | 622.4M | 513.6M | |
Intangible Assets | 837.9M | 979.3M | 1.1B | 1.3B | 49.8M | 47.3M | |
Property Plant Equipment | 868.3M | 896.9M | 1.0B | 1.2B | 1.4B | 890.8M | |
Net Tangible Assets | 658.9M | 959.2M | 1.4B | 1.8B | 2.0B | 2.1B | |
Other Stockholder Equity | 1.8B | 1.4B | 1.5B | 20K | 18K | 17.1K | |
Capital Lease Obligations | 60.5M | 62.3M | 56.2M | 57.4M | 73.0M | 37.8M | |
Non Current Liabilities Other | 404.8M | 301.6M | 347.9M | 520.8M | 569.8M | 350.4M |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ferrari NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 8.38 | 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.