Festi hf. (FESTI.IC)

Net assets on the balance sheet as of June 2024 : NZ$0.42 B

According to Festi hf.'s latest financial reports the company has NZ$0.42 B 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	$NZ$0.41 B	8.69%
2022-12-31	$NZ$0.38 B	0.94%
2021-12-31	$NZ$0.38 B	16.56%
2020-12-31	$NZ$0.32 B	-7.15%
2019-12-31	$NZ$0.35 B	5.56%
2018-12-31	$NZ$0.33 B	76.73%
2017-12-31	$NZ$0.18 B	17.35%
2016-12-31	$NZ$0.16 B	83.66%
2015-12-31	$NZ$87.47 M	-22.84%
2014-12-31	$NZ$0.11 B	-29.48%
2013-12-31	$NZ$0.16 B	16.62%
2012-12-31	$NZ$0.13 B	-1.18%
2011-12-31	$NZ$0.13 B	-384.74%
2010-12-31	$-NZ$48.99 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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Festi hf. (FESTI.IC) - Net assets