Festi hf. (FESTI.IC)

Net assets on the balance sheet as of September 2024 : $0.29 Billion USD

According to Festi hf.'s latest financial reports the company has $0.29 Billion USD 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
2023-12-31	$$0.26 B	8.27%
2022-12-31	$$0.24 B	-6.42%
2021-12-31	$$0.26 B	10.99%
2020-12-31	$$0.23 B	-1%
2019-12-31	$$0.23 B	6.11%
2018-12-31	$$0.22 B	67%
2017-12-31	$$0.13 B	20.32%
2016-12-31	$$0.11 B	86.09%
2015-12-31	$$59.8 M	-32.76%
2014-12-31	$$88.93 M	-32.64%
2013-12-31	$$0.13 B	16.83%
2012-12-31	$$0.11 B	3.81%
2011-12-31	$$0.10 B	-391.06%
2010-12-31	$-$37.41 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