Festi hf. (FESTI.IC) - Cash on Hand

Cash on Hand as of September 2024 : €43.27 Million

According to Festi hf.'s latest financial reports the company has €43.27 Million in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Festi hf. - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€22.41 M	60.78%
2022-12-31	€13.94 M	-48.7%
2021-12-31	€27.17 M	65.36%
2020-12-31	€16.43 M	-58.54%
2019-12-31	€39.63 M	23.42%
2018-12-31	€32.11 M	41.95%
2017-12-31	€22.62 M	18.62%
2016-12-31	€19.07 M	9.05%
2015-12-31	€17.49 M	-41.82%
2014-12-31	€30.06 M	-20.84%
2013-12-31	€37.98 M	157.32%
2012-12-31	€14.76 M	7.07%
2011-12-31	€13.78 M	47.05%
2010-12-31	€9.37 M

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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