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

Cash on Hand as of June 2024 : NZ$39.7 M

According to Festi hf.'s latest financial reports the company has NZ$39.7 M 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	NZ$39.17 M	66.35%
2022-12-31	NZ$23.55 M	-47.59%
2021-12-31	NZ$44.93 M	59.89%
2020-12-31	NZ$28.1 M	-57.3%
2019-12-31	NZ$65.82 M	20.23%
2018-12-31	NZ$54.74 M	43.23%
2017-12-31	NZ$38.22 M	31.97%
2016-12-31	NZ$28.96 M	3.54%
2015-12-31	NZ$27.97 M	-39.98%
2014-12-31	NZ$46.61 M	-27.02%
2013-12-31	NZ$63.86 M	168.18%
2012-12-31	NZ$23.81 M	3.82%
2011-12-31	NZ$22.93 M	40.13%
2010-12-31	NZ$16.37 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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