Festi hf. (FESTI.IC)

Net assets on the balance sheet as of December 2024 : A$0.50 Billion

According to Festi hf.'s latest financial reports the company has A$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Festi hf. - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$A$0.50 B	30.71%
2023-12-31	$A$0.38 B	8.14%
2022-12-31	$A$0.35 B	-0.31%
2021-12-31	$A$0.35 B	17.72%
2020-12-31	$A$0.30 B	-9.86%
2019-12-31	$A$0.33 B	6.77%
2018-12-31	$A$0.31 B	85.07%
2017-12-31	$A$0.17 B	11.09%
2016-12-31	$A$0.15 B	88.07%
2015-12-31	$A$82.08 M	-24.46%
2014-12-31	$A$0.10 B	-26.59%
2013-12-31	$A$0.14 B	36.11%
2012-12-31	$A$0.10 B	2.42%
2011-12-31	$A$0.10 B	-374.51%
2010-12-31	$-A$38.68 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Festi hf. (FESTI.IC) - Net assets