Ferrari NV (RACE) Financials

Ferrari NV (RACE) is a renowned luxury sports car manufacturer based in Maranello, Italy. As of {Date}, the company's financials reflected strong performance and profitability. Looking at the income statement, Ferrari NV reported a robust gross profit, which indicates the efficiency of its production processes. The company's EBIT (Earnings Before Interest and Taxes) and EBITDA (Earnings Before Interests, Taxes, Depreciation, and Amortization) figures also indicate strong operating performance and high profitability. Ferrari NV's total revenue reflects the successful sales of its luxury vehicles, demonstrating the brand's popularity and demand in the global market.

On the balance sheet, Ferrari NV holds a significant amount of cash equivalents, which indicates its liquidity and ability to meet short-term obligations. The company's net debt is relatively low, further showcasing its financial stability. Looking at the stockholders' equity, it demonstrates the value of the company's assets that belong to the shareholders, reflecting their ownership stake. Ferrari NV's total assets comprise various components, including property, plants, and equipment, as well as its brand value and intellectual property rights.

Ferrari NV's financial structure is characterized by a relatively low level of total debt, reducing the risk associated with financial obligations. The total liabilities represent the company's obligations, including short-term and long-term debts. Analyzing the cash flow statement, Ferrari NV's operating cash flow showcases the cash generated from its core business activities. The investing cash flow reflects the company's investments in capital expenditures, acquisitions, or sales of assets. On the other hand, the financing cash flow represents the company's activities related to debt issuances, share repurchases, and dividend payments.

Finally, Ferrari NV's free cash flow measures the cash generated after deducting the necessary capital expenditures to maintain and expand its operations. Overall, Ferrari NV's financials reflect its success as a luxury sports car manufacturer, demonstrating strong profitability, financial stability, and efficient use of resources.