Ferrari Cash Flow - Annual (NYSE:RACE)

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$140 $2.52 (1.77%) RACE stock closing price Jul 20, 2018 (Closing)

For analyzing any company like Ferrari from an investment perspective, its important to check the cash flow statement. While its important to look at the Ferrari debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Ferrari revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. The cash flow statement is essetial while conducting the Ferrari cash flow analysis and can be used to measure the operating performance of Ferrari compared to various industry peers like DNZOY stock and VLVLY stock. Ferrari had an inflow of $749.16M from operating activities, $-96.14M spend due to financing activities, and $-428.88M outflow due to investing activities for 2017.

View details of Ferrari cash flows for latest & last 10 financial years
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Fiscal year is Jan - Dec2017201620152014
Net Income Cash Flow
843.38M627.83M482.1M529.17M
Depreciation Depletion Amortization Cash-Flow294.56M274.12M305.09M383.99M
Net Increase (Decrease) in Assets Liabilities-200.99M438.04M70.19M-317.72M
Cash From (used in) Discontinued Operations----
Other Adjustments Net-187.79M-227.53M-72.04M-29.28M
Net Cash from (used by) Operating Activities
749.16M1.11B785.35M566.15M
Increase (Decrease) in Prop Plant And Equipment-209.37M-191.12M-203.8M-222.62M
Acquisition Disposition of Subsidiaires---51.49M
Increase (Decrease) in Investments-20.57M41.64M-0.47M
Other Cash Inflow (Outflow) from Investment Activities-219.5M-184.07M-189.91M-213.45M
Net Cash from (used by) Investment Activities
-428.88M-354.62M-352.07M-385.05M
Issuance (Purchase) of Equity Shares-1.53M--
Issuance (Repayment) of Debt Securities50.2M-508.2M2.35B105.01M
Increase (Decrease) in Bank & Other Borrowings-9.35M17.53M-12.34M-36.72M
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities-136.99M34.28M-2.73B-229.89M
Net Cash from (used by) Financing Activities
-96.14M-454.85M-390.05M-161.6M
Effect of Exchange Rate Changes on Cash-9.46M1.36M10.59M7.73M
Net Change in Cash & Cash Equivalents
214.66M304.34M53.82M27.22M
Cash & Equivalents at Beginning of Year517.43M202.23M149.1M151.19M
Cash & Equivalents at Year End732.1M506.58M202.92M178.42M
All figures in USD. M: Millions of USD, B: Billions of USD.

Ferrari stock price history provides insight into historical stock price fluctuations, and Ferrari stock comparison chart enables peer comparison. Some of the key terms used in the statement of cash flows are:

  • Ferrari had a Net Change in Cash and Cash Equivalents of $214.66M for the latest year 2017. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the Ferrari stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • Cash Flow from operating activities: This is the cash that the company receives from ongoing operations. Ferrari gained $749.16M cash from operations. It is important to check this to see where the company is getting its money from.
  • Cash Flow from investment activities: Ferrari used $-428.88M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Inflow of cash in the form of bank loans and shareholders equity, and outflow of cash because of dividend payments, share repurchase payments etc. come under financing activities. The cash generated from these activities was $-96.14M for Ferrari.

Key Financial Ratios For Ferrari Cash Flow

FCF margin
0.18

Annual Cash Flow Statements For Ferrari N.V. Peers

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