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Ferrari NV (Ferrari NV) Accumulated Depreciation : $-3,230 Mil (As of Dec. 2023)


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What is Ferrari NV Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Ferrari NV's quarterly accumulated depreciation declined from Jun. 2023 ($-10 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-3,230 Mil).

Ferrari NV's annual accumulated depreciation increased from Dec. 2021 ($-2,827 Mil) to Dec. 2022 ($-2,903 Mil) and increased from Dec. 2022 ($-2,903 Mil) to Dec. 2023 ($-3,230 Mil).

Ferrari NV Accumulated Depreciation Historical Data

The historical data trend for Ferrari NV's Accumulated Depreciation 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 Accumulated Depreciation Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,353.40 -2,824.02 -2,827.44 -2,902.58 -3,230.04

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accumulated Depreciation 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 -2,902.58 - -10.14 - -3,230.04

Ferrari NV Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Ferrari NV Accumulated Depreciation Related Terms

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Ferrari NV (Ferrari NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (NYSE:RACE) » Definitions » Accumulated Depreciation
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MIL:PIA MIL:IMS MIL:PINF MIL:TNX MIL:BIRO TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 TSE:7267 F NSE:MARUTI GM LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS
Traded in Other Exchanges
RACEN:Mexico RACE:Italy RACEm:UK 0RDT:UK 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Germany RACE:Austria
Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Website
https://www.ferrari.com
Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.