Ferrari N.V. (RACE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.37B | 4.82B | 4.73B | 4.95B | 5.29B | 5.02B | 4.62B | 4.59B | 4.5B | 3.99B | 4.18B | 4.42B | 4.54B | 3.95B | 3.88B | 3.88B | 4.15B | 3.36B | 3.73B | 3.36B |
| Cash & Short-Term Investments | 1.9B | 1.47B | 1.43B | 1.53B | 1.92B | 1.75B | 1.54B | 1.34B | 1.38B | 1.13B | 1.17B | 1.31B | 1.66B | 1.4B | 1.41B | 1.32B | 1.7B | 1.35B | 1.48B | 1.11B |
| Cash Only | 1.86B | 1.47B | 1.42B | 1.52B | 1.91B | 1.74B | 1.53B | 1.33B | 1.37B | 1.12B | 1.07B | 1.21B | 1.56B | 1.39B | 1.34B | 1.26B | 1.65B | 1.34B | 1.47B | 1.09B |
| Short-Term Investments | 34.8M | 4.42M | 14.1M | 7.9M | 8.21M | 5.66M | 8.35M | 8.54M | 10.74M | 5.57M | 103.34M | 101.63M | 93.56M | 7.07M | 71.41M | 56.51M | 46.51M | 1.94M | 6.69M | 12.41M |
| Accounts Receivable | 2.1B | 2.01B | 1.94B | 1.95B | 2.03B | 2.08B | 1.84B | 1.92B | 1.88B | 1.79B | 1.91B | 1.92B | 1.85B | 1.73B | 1.71B | 1.73B | 1.65B | 1.4B | 1.54B | 1.5B |
| Days Sales Outstanding | 100.06 | 100.64 | 101.31 | 101.38 | 103.35 | 103.97 | 105.24 | 101.05 | 105.35 | 111.89 | 114.14 | 116.17 | 112.57 | 115.62 | 126.5 | 119.04 | 115.98 | 115.55 | 132.75 | 131.65 |
| Inventory | 1.16B | 1.11B | 1.08B | 1.13B | 1.09B | 1.09B | 1.03B | 1.08B | 992.96M | 948.51M | 948.81M | 980.32M | 827.64M | 674.66M | 634.26M | 673.55M | 635.64M | 540.58M | 594.38M | 632.61M |
| Days Inventory Outstanding | 114.87 | 116.31 | 114.92 | 119.34 | 114.53 | 112.82 | 117.52 | 110.19 | 113.02 | 111.89 | 113.95 | 113.26 | 95.08 | 82.87 | 91.81 | 87.74 | 89.99 | 90.82 | 107.68 | 109.87 |
| Other Current Assets | 204.91M | 232.89M | 288.89M | 347.74M | 247.7M | 36.29M | 210.72M | 244.88M | 253.06M | 66.42M | 145.23M | 208.98M | 211.46M | 110.65M | 123.73M | 159.16M | 161.15M | 36.43M | 111.4M | 119.04M |
| Total Non-Current Assets | 4.91B | 4.8B | 4.75B | 4.7B | 4.62B | 4.48B | 4.37B | 4.3B | 4.15B | 4.07B | 4.16B | 4.25B | 4.15B | 3.81B | 3.6B | 3.79B | 3.93B | 3.5B | 3.93B | 3.91B |
| Property, Plant & Equipment | 2.13B | 2.06B | 2.01B | 1.96B | 1.92B | 1.83B | 1.77B | 1.71B | 1.63B | 1.58B | 1.58B | 1.58B | 1.56B | 1.46B | 1.35B | 1.4B | 1.48B | 1.35B | 1.5B | 1.48B |
| Fixed Asset Turnover | 0.88x | 0.89x | 0.89x | 0.92x | 0.95x | 0.97x | 0.95x | 1.02x | 0.99x | 0.97x | 0.98x | 0.94x | 0.95x | 0.98x | 0.91x | 0.89x | 0.84x | 0.82x | 0.71x | 0.71x |
| Goodwill | 788.16M | 785.18M | 785.18M | 785.18M | 785.18M | 785.18M | 785.18M | 785.18M | 785.18M | 785.18M | 830.01M | 856.43M | 850.99M | 785.18M | 769.5M | 822.87M | 868.84M | 785.18M | 909.22M | 931.15M |
| Intangible Assets | 1.67B | 1.64B | 1.64B | 1.61B | 1.58B | 1.55B | 1.51B | 1.48B | 1.44B | 1.42B | 1.46B | 1.5B | 1.44B | 1.31B | 1.23B | 1.28B | 1.3B | 1.14B | 1.28B | 1.26B |
| Long-Term Investments | 99.3M | 96.44M | 92.19M | 89.34M | 84.17M | 80.82M | 75.31M | 72.25M | 69.23M | 67.67M | 69.4M | 72.21M | 69.01M | 59.53M | 57.59M | 61.05M | 63.64M | 54.51M | 56.76M | 55.63M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 10.28B | 9.63B | 9.48B | 9.65B | 9.91B | 9.5B | 8.99B | 8.89B | 8.65B | 8.05B | 8.34B | 8.67B | 8.69B | 7.77B | 7.47B | 7.67B | 8.07B | 6.86B | 7.66B | 7.27B |
| Asset Turnover | 0.19x | 0.19x | 0.18x | 0.18x | 0.18x | 0.19x | 0.18x | 0.20x | 0.19x | 0.19x | 0.18x | 0.17x | 0.17x | 0.18x | 0.17x | 0.16x | 0.16x | 0.16x | 0.14x | 0.14x |
| Asset Growth % | 3.68% | 1.38% | 5.48% | 8.57% | 14.62% | 17.96% | 7.72% | 2.51% | -0.53% | 3.68% | 11.64% | 13.03% | 7.68% | 13.15% | -2.39% | 5.53% | 12.88% | -10.42% | 8.77% | 10.48% |
| Total Current Liabilities | 2.23B | 2.39B | 2.57B | 2.95B | 1.79B | 1.49B | 2.84B | 2.87B | 2.5B | 1.49B | 1.24B | 1.31B | 1.28B | 1.41B | 1.03B | 1.12B | 1.28B | 1.33B | 1.11B | 1.07B |
| Accounts Payable | 946.93M | 841.26M | 864.66M | 931.01M | 906.16M | 945.66M | 859.24M | 940.38M | 902.32M | 930.56M | 859.2M | 1.02B | 932.87M | 902.97M | 747.42M | 829.72M | 882.32M | 797.83M | 803.57M | 854.92M |
| Days Payables Outstanding | 90.4 | 90.54 | 93.63 | 98.74 | 97.18 | 96.07 | 100.09 | 97.88 | 106.69 | 105.55 | 111.18 | 122.52 | 116.19 | 104.48 | 110.72 | 114.74 | 128.54 | 128.14 | 145.54 | 151.91 |
| Short-Term Debt | 1.01B | 930.96M | 896.07M | 1.18B | 0 | 0 | 1.22B | 1.18B | 788.68M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 424.59M | 512.74M | 601.3M | 601.75M | 335.52M | 409.01M | 445.37M | 440.22M | 295.68M | 0 | 0 | 0 | 270.35M | 0 | 0 | 0 | 256.21M | 0 | 0 |
| Other Current Liabilities | 132.89M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 126.78M | 121.59M | 132.87M | 0 | 108M | 115.45M | 126.35M | 0 | 103.54M | 98.36M |
| Current Ratio | 2.41x | 2.02x | 1.84x | 1.68x | 2.95x | 3.37x | 1.63x | 1.60x | 1.80x | 2.68x | 3.37x | 3.37x | 3.55x | 2.80x | 3.76x | 3.48x | 3.25x | 2.54x | 3.37x | 3.13x |
| Quick Ratio | 1.89x | 1.55x | 1.42x | 1.30x | 2.34x | 2.64x | 1.26x | 1.22x | 1.41x | 2.04x | 2.61x | 2.62x | 2.91x | 2.32x | 3.14x | 2.87x | 2.75x | 2.13x | 2.83x | 2.54x |
| Cash Conversion Cycle | 124.53 | 126.42 | 122.59 | 121.99 | 120.7 | 120.73 | 122.67 | 113.36 | 111.67 | 118.23 | 116.92 | 106.91 | 91.46 | 94.01 | 107.59 | 92.04 | 77.42 | 78.23 | 94.88 | 89.62 |
| Total Non-Current Liabilities | 3.98B | 3.32B | 3.13B | 3.16B | 4.55B | 4.46B | 2.8B | 2.92B | 2.87B | 3.49B | 4.1B | 4.38B | 4.37B | 3.75B | 4.08B | 4.18B | 4.21B | 3.33B | 4.17B | 3.93B |
| Long-Term Debt | 1.8B | 1.79B | 1.81B | 1.81B | 3.16B | 3.23B | 1.74B | 1.83B | 1.72B | 2.4B | 2.6B | 2.85B | 2.86B | 2.75B | 2.79B | 2.83B | 2.87B | 2.57B | 2.93B | 2.73B |
| Capital Lease Obligations | 130.64M | 130.8M | 136.32M | 136.08M | 177.94M | 126.27M | 105.69M | 103.26M | 97M | 73.05M | 85.89M | 73.75M | 72.64M | 57.42M | 58.79M | 63.68M | 65.39M | 56.21M | 68.06M | 71.76M |
| Deferred Tax Liabilities | 250.96M | 254.39M | 240.61M | 226.39M | 154.1M | 110.02M | 128.76M | 128.31M | 126.94M | 136.85M | 114.09M | 143.84M | 140.54M | 126.51M | 85.28M | 106.92M | 114.64M | 95.97M | 111.08M | 136.47M |
| Other Non-Current Liabilities | 1.13B | 1.15B | 950.21M | 989.72M | 1.06B | 1B | 826.81M | 859.29M | 491.01M | 584.42M | 882.64M | 852.07M | 866.76M | 541.99M | 809.46M | 784.38M | 752.37M | 343.79M | 613.63M | 560.29M |
| Total Liabilities | 6.21B | 5.71B | 5.7B | 6.1B | 6.34B | 5.95B | 5.64B | 5.78B | 5.37B | 4.98B | 5.34B | 5.69B | 5.65B | 5.16B | 5.11B | 5.3B | 5.49B | 4.65B | 5.27B | 5B |
| Total Debt | 2.94B | 2.88B | 2.87B | 3.16B | 3.33B | 3.35B | 3.1B | 3.13B | 2.62B | 2.48B | 2.69B | 2.92B | 2.93B | 2.81B | 2.85B | 2.9B | 2.94B | 2.63B | 3B | 2.8B |
| Net Debt | 1.08B | 1.42B | 1.45B | 1.64B | 1.42B | 1.61B | 1.57B | 1.8B | 1.26B | 1.36B | 1.62B | 1.71B | 1.37B | 1.42B | 1.51B | 1.63B | 1.28B | 1.29B | 1.53B | 1.71B |
| Debt / Equity | 0.72x | 0.74x | 0.76x | 0.89x | 0.93x | 0.95x | 0.93x | 1.01x | 0.80x | 0.81x | 0.89x | 0.98x | 0.96x | 1.08x | 1.21x | 1.22x | 1.14x | 1.19x | 1.26x | 1.23x |
| Debt / EBITDA | 4.05x | 4.15x | 4.98x | 4.43x | 4.75x | 5.23x | 4.83x | 4.69x | 4.29x | 4.43x | 4.49x | 4.94x | 5.42x | 5.96x | 6.44x | 6.45x | 6.90x | 6.78x | 7.96x | 7.21x |
| Net Debt / EBITDA | 1.48x | 2.04x | 2.52x | 2.30x | 2.02x | 2.51x | 2.44x | 2.70x | 2.06x | 2.42x | 2.70x | 2.89x | 2.53x | 3.01x | 3.42x | 3.64x | 3.02x | 3.31x | 4.05x | 4.39x |
| Interest Coverage | 53.91x | 93.77x | 47.01x | 45.06x | 41.67x | 35.91x | 36.93x | 45.28x | 50.00x | 12.27x | 19.14x | 9.00x | 10.81x | 5.65x | 7.89x | 9.47x | 12.51x | - | 14.32x | 14.60x |
| Total Equity | 4.07B | 3.91B | 3.78B | 3.55B | 3.57B | 3.54B | 3.34B | 3.11B | 3.28B | 3.07B | 3.01B | 2.98B | 3.04B | 2.6B | 2.36B | 2.37B | 2.59B | 2.21B | 2.39B | 2.27B |
| Equity Growth % | 13.84% | 10.48% | 13.02% | 14.18% | 8.97% | 15.39% | 11.28% | 4.25% | 7.81% | 17.99% | 27.24% | 25.57% | 17.67% | 17.68% | -1% | 4.59% | 12.92% | 1.02% | 33.79% | 50.02% |
| Book Value per Share | 22.95 | 21.95 | 21.19 | 19.88 | 19.98 | 19.75 | 18.60 | 17.24 | 18.17 | 16.98 | 16.58 | 16.40 | 16.72 | 14.28 | 12.91 | 12.95 | 14.07 | 12.01 | 12.93 | 12.26 |
| Total Shareholders' Equity | 4.06B | 3.91B | 3.77B | 3.54B | 3.57B | 3.53B | 3.34B | 3.1B | 3.27B | 3.06B | 3B | 2.97B | 3.04B | 2.59B | 2.35B | 2.37B | 2.58B | 2.21B | 2.38B | 2.26B |
| Common Stock | 2.58M | 2.57M | 2.57M | 2.57M | 2.57M | 2.57M | 2.57M | 2.57M | 2.57M | 2.57M | 2.72M | 2.81M | 2.79M | 2.57M | 2.52M | 2.7M | 2.85M | 2.57M | 2.98M | 3.05M |
| Retained Earnings | 4.03B | -5.06B | 3.67B | 3.41B | 3.51B | 3.52B | 3.28B | 3.05B | 3.21B | 2.99B | 2.93B | 2.87B | 2.93B | 2.5B | 2.32B | 2.33B | 2.54B | 2.19B | 2.36B | 2.24B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 28.39M | 3.19B | 101.83M | 124.25M | 54.84M | 13.12M | 55.61M | 51.73M | 57.62M | 64.89M | 63.29M | 98.86M | 102.19M | 90.51M | 28.46M | 32.44M | 33.05M | 10.87M | 13.31M | 23.64M |
| Minority Interest | 5.81M | 7.85M | 5.94M | 5.51M | 5.04M | 9.29M | 7.71M | 7.04M | 5.84M | 9.73M | 9.39M | 7.51M | 6.54M | 9.63M | 8.1M | 6.72M | 5.29M | 5.52M | 5.83M | 4.55M |