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

Cash on Hand as of September 2024 : $44.98 Million USD

According to Festi hf.'s latest financial reports the company has $44.98 Million USD 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	$24.77 M	65.7%
2022-12-31	$14.95 M	-51.41%
2021-12-31	$30.77 M	52.25%
2020-12-31	$20.21 M	-54.48%
2019-12-31	$44.4 M	20.86%
2018-12-31	$36.73 M	35.34%
2017-12-31	$27.14 M	35.31%
2016-12-31	$20.06 M	4.91%
2015-12-31	$19.12 M	-47.7%
2014-12-31	$36.56 M	-30.29%
2013-12-31	$52.45 M	168.65%
2012-12-31	$19.52 M	9.05%
2011-12-31	$17.9 M	42.48%
2010-12-31	$12.56 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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