Ferrari Depreciation And Amortization vs Reconciled Depreciation Analysis

RACE Stock  USD 434.16  2.59  0.60%   
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 Depreciation And Amortization and its Reconciled Depreciation 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.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ferrari NV Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ferrari NV's Depreciation And Amortization and Reconciled Depreciation is 0.98. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation 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 Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Ferrari NV are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Ferrari NV's Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

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 Expense38.4M54.2M15M14.3M
Depreciation And Amortization456.0M546.2M662.3M395.2M

Ferrari NV fundamental ratios Correlations

-0.39-0.27-0.21-0.2-0.14-0.3-0.35-0.24-0.14-0.4-0.31-0.38-0.62-0.64-0.28-0.310.550.930.380.09-0.29-0.35-0.59-0.35-0.69
-0.390.620.60.280.490.70.930.450.480.960.880.980.910.910.690.88-0.83-0.4-0.66-0.070.710.930.710.810.91
-0.270.620.440.27-0.360.360.740.96-0.360.710.760.720.670.710.970.77-0.5-0.23-0.70.180.910.630.090.950.69
-0.210.60.440.120.250.180.690.30.250.510.630.590.580.520.470.63-0.69-0.03-0.28-0.210.530.370.550.510.52
-0.20.280.270.120.120.720.060.320.130.16-0.060.210.130.130.13-0.06-0.08-0.330.230.6-0.050.360.390.240.26
-0.140.49-0.360.250.120.450.29-0.541.00.30.170.360.330.25-0.290.17-0.4-0.190.11-0.29-0.210.370.75-0.110.31
-0.30.70.360.180.720.450.470.290.450.610.340.620.490.510.30.35-0.37-0.42-0.180.340.250.720.610.490.6
-0.350.930.740.690.060.290.470.560.280.930.970.960.920.910.810.97-0.83-0.27-0.74-0.180.870.810.540.870.88
-0.240.450.960.30.32-0.540.290.56-0.540.580.60.550.510.570.920.6-0.36-0.22-0.630.340.830.52-0.040.870.55
-0.140.48-0.360.250.131.00.450.28-0.540.290.160.350.320.24-0.30.16-0.39-0.190.12-0.29-0.220.360.75-0.120.3
-0.40.960.710.510.160.30.610.930.580.290.920.980.910.940.80.92-0.79-0.43-0.83-0.030.820.940.540.890.92
-0.310.880.760.63-0.060.170.340.970.60.160.920.930.910.90.861.0-0.81-0.24-0.84-0.250.910.790.420.890.85
-0.380.980.720.590.210.360.620.960.550.350.980.930.930.940.790.93-0.84-0.39-0.75-0.090.80.930.60.880.93
-0.620.910.670.580.130.330.490.920.510.320.910.910.930.980.750.91-0.89-0.59-0.77-0.250.770.840.660.820.97
-0.640.910.710.520.130.250.510.910.570.240.940.90.940.980.790.9-0.85-0.62-0.84-0.170.810.860.60.860.98
-0.280.690.970.470.13-0.290.30.810.92-0.30.80.860.790.750.790.86-0.61-0.24-0.820.090.960.70.140.970.74
-0.310.880.770.63-0.060.170.350.970.60.160.921.00.930.910.90.86-0.81-0.24-0.84-0.250.920.790.420.890.85
0.55-0.83-0.5-0.69-0.08-0.4-0.37-0.83-0.36-0.39-0.79-0.81-0.84-0.89-0.85-0.61-0.810.490.610.17-0.64-0.74-0.77-0.68-0.85
0.93-0.4-0.23-0.03-0.33-0.19-0.42-0.27-0.22-0.19-0.43-0.24-0.39-0.59-0.62-0.24-0.240.490.40.01-0.2-0.47-0.56-0.33-0.68
0.38-0.66-0.7-0.280.230.11-0.18-0.74-0.630.12-0.83-0.84-0.75-0.77-0.84-0.82-0.840.610.40.21-0.87-0.71-0.14-0.82-0.75
0.09-0.070.18-0.210.6-0.290.34-0.180.34-0.29-0.03-0.25-0.09-0.25-0.170.09-0.250.170.010.21-0.050.09-0.040.11-0.1
-0.290.710.910.53-0.05-0.210.250.870.83-0.220.820.910.80.770.810.960.92-0.64-0.2-0.87-0.050.660.160.950.75
-0.350.930.630.370.360.370.720.810.520.360.940.790.930.840.860.70.79-0.74-0.47-0.710.090.660.580.810.87
-0.590.710.090.550.390.750.610.54-0.040.750.540.420.60.660.60.140.42-0.77-0.56-0.14-0.040.160.580.30.67
-0.350.810.950.510.24-0.110.490.870.87-0.120.890.890.880.820.860.970.89-0.68-0.33-0.820.110.950.810.30.83
-0.690.910.690.520.260.310.60.880.550.30.920.850.930.970.980.740.85-0.85-0.68-0.75-0.10.750.870.670.83
Click cells to compare fundamentals

Ferrari NV Account Relationship Matchups

Ferrari NV fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding187.5M185.4M184.7M183.1M181.5M149.7M
Total Assets5.4B6.3B6.9B7.8B8.1B6.0B
Short Long Term Debt Total2.5B2.7B2.6B2.8B2.5B2.3B
Other Current Liab93.1M388.0M838.0M451.2M171.0M277.1M
Total Current Liabilities804.6M790.5M991.5M1.1B1.5B1.1B
Total Stockholder Equity1.5B1.8B2.2B2.6B3.1B1.8B
Other Liab888.7M774.8M789.4M1.0B1.2B889.6M
Property Plant And Equipment Net1.1B1.2B1.4B1.5B1.2B1.0B
Net Debt1.2B1.4B1.3B1.4B1.4B1.3B
Retained Earnings1.5B1.7B2.2B2.5B3.0B1.8B
Accounts Payable711.5M713.8M797.8M903.0M930.6M746.2M
Cash897.9M1.4B1.3B1.4B1.1B844.5M
Non Current Assets Total2.8B3.2B3.5B3.8B4.1B2.9B
Non Currrent Assets Other710.3M850.6M1.1B2.0B2.3B2.4B
Other Assets1.1B1.4B1.6B1.7B2.0B2.1B
Long Term Debt2.0B2.7B2.6B2.8B2.4B2.0B
Cash And Short Term Investments899.9M1.4B1.3B1.4B1.1B848.5M
Net Receivables1.3B184.3M185M232.4M261.4M248.3M
Short Term Investments2.0M1.4M1.9M7.1M5.6M3.5M
Liabilities And Stockholders Equity5.4B6.3B6.9B7.8B8.1B6.0B
Non Current Liabilities Total3.2B3.7B3.7B4.1B2.7B2.9B
Inventory420.1M460.6M540.6M674.7M948.5M498.2M
Other Current Assets4.3M1.1B1.3B1.6B1.6B1.7B
Total Liab4.0B4.5B4.7B5.2B5.0B4.1B
Deferred Long Term Liab800.8M938.5M1.1B1.3B1.5B1.5B
Long Term Investments38.7M42.8M54.5M59.5M67.7M35.1M
Property Plant And Equipment Gross3.2B1.2B3.9B4.2B4.5B4.8B
Total Current Assets2.6B3.1B3.4B4.0B4.0B3.1B
Accumulated Other Comprehensive Income26.0M43.2M10.9M90.5M64.9M68.1M
Short Term Debt421.3M889.2M516.1M979.4M606.0M512.0M
Intangible Assets837.9M979.3M1.1B1.3B49.8M47.3M
Property Plant Equipment868.3M896.9M1.0B1.2B1.4B890.8M
Net Tangible Assets658.9M959.2M1.4B1.8B2.0B2.1B
Other Stockholder Equity1.8B1.4B1.5B20K18K17.1K
Capital Lease Obligations60.5M62.3M56.2M57.4M73.0M37.8M
Non Current Liabilities Other404.8M301.6M347.9M520.8M569.8M350.4M

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 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.