GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (NYSE:RACE) » Definitions » Equity-to-Asset

Ferrari NV (Ferrari NV) Equity-to-Asset : 0.38 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Ferrari NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ferrari NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,338 Mil. Ferrari NV's Total Assets for the quarter that ended in Dec. 2023 was $8,780 Mil. Therefore, Ferrari NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

The historical rank and industry rank for Ferrari NV's Equity-to-Asset or its related term are showing as below:

RACE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.28   Max: 0.53
Current: 0.38

During the past 12 years, the highest Equity to Asset Ratio of Ferrari NV was 0.53. The lowest was -0.01. And the median was 0.28.

RACE's Equity-to-Asset is ranked worse than
64.17% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs RACE: 0.38

Ferrari NV Equity-to-Asset Historical Data

The historical data trend for Ferrari NV's Equity-to-Asset 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.

* Premium members only.

Ferrari NV Equity-to-Asset Chart

Ferrari NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.29 0.32 0.33 0.38

Ferrari NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.33 0.35 0.34 0.36 0.38

Competitive Comparison of Ferrari NV's Equity-to-Asset

For the Auto Manufacturers subindustry, Ferrari NV's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ferrari NV's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ferrari NV's Equity-to-Asset falls into.



Ferrari NV Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ferrari NV's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3337.937/8780.057
=0.38

Ferrari NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3337.937/8780.057
=0.38

* 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.


Ferrari NV  (NYSE:RACE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ferrari NV Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Ferrari NV's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrari NV (Ferrari NV) Business Description

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