Ferrari Interest Coverage from 2010 to 2024

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Ferrari NV's Interest Coverage is decreasing over the years with slightly volatile fluctuation. Overall, Interest Coverage is expected to go to 113.22 this year. During the period from 2010 to 2024 Ferrari NV Interest Coverage annual values regression line had geometric mean of  43.96 and mean square error of  4,451. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
107.8246
Current Value
113.22
Quarterly Volatility
71.9122249
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ferrari NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ferrari NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 395.2 M, Interest Expense of 14.2 M or Total Revenue of 3.9 B, as well as many indicators such as Price To Sales Ratio of 4.65, Dividend Yield of 0.0073 or PTB Ratio of 18.97. Ferrari financial statements analysis is a perfect complement when working with Ferrari NV Valuation or Volatility modules.
  
Check out the analysis of Ferrari NV Correlation against competitors.
For information on how to trade Ferrari Stock refer to our How to Trade Ferrari Stock guide.

Latest Ferrari NV's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Ferrari NV over the last few years. It is Ferrari NV's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ferrari NV's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Ferrari Interest Coverage Regression Statistics

Arithmetic Mean69.91
Geometric Mean43.96
Coefficient Of Variation102.87
Mean Deviation61.27
Median27.30
Standard Deviation71.91
Sample Variance5,171
Range182
R-Value(0.45)
Mean Square Error4,451
R-Squared0.20
Significance0.09
Slope(7.20)
Total Sum of Squares72,399

Ferrari Interest Coverage History

2024 113.22
2023 107.82
2022 22.73
2021 28.14
2020 14.28
2019 18.18
2018 32.2

About Ferrari NV Financial Statements

Ferrari NV stakeholders use historical fundamental indicators, such as Ferrari NV's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Ferrari NV investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ferrari NV's assets and liabilities are reflected in the revenues and expenses on Ferrari NV's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ferrari NV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 107.82  113.22 

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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 the analysis of Ferrari NV Correlation against competitors.
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
8.33
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.