Festi hf. (FESTI.IC)

Net assets on the balance sheet as of September 2024 : HK$2.33 Billion

According to Festi hf.'s latest financial reports the company has HK$2.33 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
2023-12-31	$HK$2.06 B	8.22%
2022-12-31	$HK$1.90 B	-6.23%
2021-12-31	$HK$2.03 B	11.64%
2020-12-31	$HK$1.82 B	-1.46%
2019-12-31	$HK$1.84 B	5.53%
2018-12-31	$HK$1.75 B	67.38%
2017-12-31	$HK$1.04 B	21.23%
2016-12-31	$HK$0.86 B	86.19%
2015-12-31	$HK$0.46 B	-32.81%
2014-12-31	$HK$0.68 B	-32.62%
2013-12-31	$HK$1.02 B	16.88%
2012-12-31	$HK$0.87 B	3.6%
2011-12-31	$HK$0.84 B	-390.49%
2010-12-31	$-HK$0.3 Billion

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