# Ferrari Debt & dilution NYSE: RACE · Reporting currency: EUR [Interactive page](https://beanvest.com/stock/race/capital) · [JSON with these options](https://beanvest.com/stock/race/capital.json?range=5Y&deductSbc=false&limit=200&offset=0&frequency=quarterly&wacc=9.4) · [Raw filing inputs](https://beanvest.com/api/v2/financials/race) Frequency: quarterly. Newest first. Retrieved: 2026-09-28T16:58:47.934Z. Coverage: 2023-03-31 to 2026-06-30. Rows 1–14 of 14. Snapshot checked: 2026-10-18T16:48:35.628Z. Last validated: 2026-10-18T16:48:35.628Z. ## Definitions - **Total debt** (`debt`, EUR_millions): Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated. - **Cash & equivalents** (`cash`, EUR_millions): Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash. - **Net debt** (`net_debt`, EUR_millions): Total debt − cash and equivalents. Negative means net cash. - **Debt / equity** (`debt_equity`, multiple): Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable. - **Debt / assets** (`debt_assets`, percent): Total debt / total assets × 100. - **Net debt / EBITDA** (`net_debt_ebitda`, multiple): Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained. - **Debt / FCF** (`debt_fcf`, multiple): Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option. - **Interest coverage** (`interest_coverage`, multiple): TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest. - **Current ratio** (`current_ratio`, multiple): Current assets / positive current liabilities. - **Diluted shares** (`diluted_shares`, shares_millions): Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible. - **Basic shares** (`basic_shares`, shares_millions): Reported weighted average basic shares, normalized for subsequent recorded stock splits. - **Share count growth** (`dilution`, percent): Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count. - **Share repurchases** (`buybacks`, EUR_millions): Reported cash payments for repurchase of common shares. This is spending, not a buyback yield. ## Values | Period | End date | Total debt (EUR_millions) | Cash & equivalents (EUR_millions) | Net debt (EUR_millions) | Debt / equity (multiple) | Debt / assets (percent) | Net debt / EBITDA (multiple) | Debt / FCF (multiple) | Interest coverage (multiple) | Current ratio (multiple) | Diluted shares (shares_millions) | Basic shares (shares_millions) | Share count growth (percent) | Share repurchases (EUR_millions) | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2026-Q2 | 2026-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2026-Q1 | 2026-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2025-Q4 | 2025-12-31 | 2884.22 | 1467.711 | 1416.5089999999998 | 0.7367586420765403 | 29.95548978682956 | 0.5110701087040838 | Unavailable | 21.26601213636272 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2025-Q3 | 2025-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2025-Q2 | 2025-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2025-Q1 | 2025-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2024-Q4 | 2024-12-31 | 3351.888 | 1742.214 | 1609.674 | 0.9459957248144212 | 35.29363452978399 | 0.6301258001478159 | Unavailable | 21.376896770394527 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2024-Q3 | 2024-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2024-Q2 | 2024-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2024-Q1 | 2024-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2023-Q4 | 2023-12-31 | 2477.186 | 1121.981 | 1355.2050000000002 | 0.8067375274455795 | 30.767482368091066 | 0.5944731571268524 | Unavailable | 26.5979640836732 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2023-Q3 | 2023-09-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2023-Q2 | 2023-06-30 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | | 2023-Q1 | 2023-03-31 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | ## Unavailable values - debt: Reported borrowing balances are unavailable in the extracted statements for this period. - cash: Cash and cash equivalents is unavailable in the extracted statements for this period. - net_debt: Reported borrowing balances are unavailable in the extracted statements for this period. - debt_equity: Reported borrowing balances are unavailable in the extracted statements for this period. - debt_assets: Reported borrowing balances are unavailable in the extracted statements for this period. - net_debt_ebitda: Reported borrowing balances are unavailable in the extracted statements for this period. - debt_fcf: Reported borrowing balances are unavailable in the extracted statements for this period. - interest_coverage: Operating income is unavailable in the extracted statements for this period. - current_ratio: The reported inputs required for this metric are unavailable in the extracted statements for this period. - diluted_shares: The reported inputs required for this metric are unavailable in the extracted statements for this period. - basic_shares: The reported inputs required for this metric are unavailable in the extracted statements for this period. - dilution: The reported inputs required for this metric are unavailable in the extracted statements for this period. - buybacks: The reported inputs required for this metric are unavailable in the extracted statements for this period. - debt_fcf: The reported inputs required for this metric are unavailable in the extracted statements for this period. - dilution: The matching period one year earlier is unavailable. - net_debt_ebitda: A complete trailing 12-month reporting basis is unavailable. - debt_fcf: A complete trailing 12-month reporting basis is unavailable. - interest_coverage: A complete trailing 12-month reporting basis is unavailable. ## Sources - [sec-0001648416-b23a8ad9a982](https://data.sec.gov/api/xbrl/companyfacts/CIK0001648416.json) · Retrieved 2026-09-28T07:37:41.538Z · SHA-256 b23a8ad9a98210c70dd3542d448e70d76d12c9e45e3930eedf056d8384ea4f0d - [filing-5bca3014ac1fc93d](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000093/ferrarinvinterimreport-033.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 5bca3014ac1fc93d11109b21cac779fc3b7ec3218dc7ab5899539fcdf042bb37 - [filing-92ab9e03960d649e](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000158/ferrarinvinterimreport-063.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 92ab9e03960d649eec2de0b1a48cbb1c41171232e9b18c95071f416919fd240d - [filing-d71f92c9257e269a](https://www.sec.gov/Archives/edgar/data/1648416/000164841623000196/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 d71f92c9257e269a8e38600fd72503286fc775bf339b731bf89e2aba94d39126 - [filing-6cf0c7554fc26ad6](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000088/ferrarinvinterimreport-033.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 6cf0c7554fc26ad61a3853e7e06f9b7d90ed3596c750e945fe77d7ae199ca6a6 - [filing-4339787eed3a8aab](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000155/ferrarinvinterimreport-063.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 4339787eed3a8aab2ed4b40edfd142e179be8cfaa4a7980540134aa06614f247 - [filing-9544ef0ddc872009](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000195/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 9544ef0ddc8720091021b1125f0e1a52ce6be83ec168837a0ed44a311b300b24 - [filing-cc345c09129bbb09](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000048/ferrarinvinterimreport-033.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 cc345c09129bbb096d16511b8f45235826b28ab3209b6868855a77f4fa48e73d - [filing-0cb42a1db3eaea51](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000066/ferrarinvinterimreport-063.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 0cb42a1db3eaea51e3c3df42b68cae30a151f17616ba46b1841f43b7bbffe581 - [filing-73c3846445b27790](https://www.sec.gov/Archives/edgar/data/1648416/000164841625000114/ferrarinvinterimreport-093.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 73c3846445b2779037ad1ea4eb768e0219b86eff3cafc4de018636bd352d2059 - [filing-b44c2252bd652bde](https://www.sec.gov/Archives/edgar/data/1648416/000162828026030266/ferrarinvinterimreport-033.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 b44c2252bd652bdee97f16dd5462011e9e78bb3e92c2e5fbf8e29f6743e89088 - [filing-b934af4a1f56f338](https://www.sec.gov/Archives/edgar/data/1648416/000164841626000107/ferrarinvinterimreport-063.htm) · Retrieved 2026-09-28T01:42:38.032Z · SHA-256 b934af4a1f56f3389375cd733089b0c74830ef3f85ef696b1a862542ae1b5bb1 - [inline-0001648416-853de6d43920](https://www.sec.gov/Archives/edgar/data/1648416/000164841626000024/race-20251231.htm) · Retrieved 2026-10-17T21:46:17.810Z · SHA-256 853de6d43920a7561c464cd2ea85323efd6542a9cb9de13e1667b05e7e1e5e8e - [inline-0001648416-8757dad07c82](https://www.sec.gov/Archives/edgar/data/1648416/000164841624000032/race-20231231.htm) · Retrieved 2026-10-18T12:12:30.508Z · SHA-256 8757dad07c82649abab1d1158118737feffb547cfea6b960d84d8a3c46e93829 ## Data conventions - Null means an unavailable input or undefined calculation, never zero. Values are unrounded; money and shares are in millions unless a column states otherwise. - Fiscal periods use actual reporting start/end dates. Annual reported values are not constructed by adding quarterly EPS or weighted share counts. Partial years are labelled. - FCF uses operating cash flow minus reported cash capital investment, preferring PPE purchases. The productive-assets fallback can also include software and intangibles. Acquisitions and noncash leases are excluded. Deduct SBC is an optional economic-cost scenario; missing SBC remains unavailable. - SBC / FCF and SBC / OCF compare amounts from the same fiscal period. SBC / FCF always uses FCF before SBC deduction; nonpositive denominators are undefined and values above 100% remain valid. - Capital allocation percentages describe available tracked cash uses, not all company spending or a fraction of OCF. Missing categories remain null, negative payments are excluded and SBC is noncash. Annual shares use reported annual amounts. - Valuation uses completed, split-adjusted closes without dividend adjustment and a complete trailing year. Financial bases become eligible after publication; selected facts can contain later restatements. This is not a vintage-filings backtest. - Mean and median use all valid observations in the selected date range before pagination. Historical pricing labels compare the latest positive value with its own median and do not estimate intrinsic fair value. - Reporting currencies are retained without conversion. USD market capitalization, where available, is a separate dated Nasdaq snapshot. - WACC is an editable US industry scenario across history, not a historical company cost of capital. Industry exclusions, missing inputs and pending filings remain explicit.