Festi hf (FESTI) - Total Assets

Latest as of June 2025: Ikr116.98 Billion ISK ≈ $953.72 Million USD

Based on the latest financial reports, Festi hf (FESTI) holds total assets worth Ikr116.98 Billion ISK (≈ $953.72 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Festi hf (FESTI) shareholders funds for net asset value and shareholders' equity analysis.

Festi hf - Total Assets Trend (2014–2024)

This chart illustrates how Festi hf's total assets have evolved over time, based on quarterly financial data.

Festi hf - Asset Composition Analysis

Current Asset Composition (December 2024)

Festi hf's total assets of Ikr116.98 Billion consist of 23.1% current assets and 76.9% non-current assets.

Asset Category Amount (ISK) % of Total Assets
Cash & Equivalents Ikr0.00 3.6%
Accounts Receivable Ikr7.30 Billion 6.4%
Inventory Ikr14.12 Billion 12.3%
Property, Plant & Equipment Ikr0.00 0.0%
Intangible Assets Ikr8.20 Billion 7.1%
Goodwill Ikr18.37 Billion 16.0%

Asset Composition Trend (2014–2024)

This chart illustrates how Festi hf's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see FESTI company net worth.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Festi hf's current assets represent 23.1% of total assets in 2024, a decrease from 50.9% in 2014.
  • Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, down from 20.3% in 2014.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 1.0% in 2014.
  • Asset Diversification: The largest asset category is goodwill at 16.0% of total assets.

Festi hf Competitors by Total Assets

Key competitors of Festi hf based on total assets are shown below.

Company Country Total Assets
Gipta Ofis Kirtasiye ve Promosyon Ürünleri Imalat Sanayi A.S.
IS:GIPTA
Turkey TL3.03 Billion
BEBO Health SA
PA:MLBBO
France €4.94 Million
Hunan Heshun Petroleum Co Ltd
SHG:603353
China CN¥1.95 Billion
JB Hi-Fi Ltd
AU:JBH
Australia AU$3.88 Billion
Harvey Norman Holdings Ltd
AU:HVN
Australia AU$8.77 Billion
Super Retail Group Ltd
AU:SUL
Australia AU$3.34 Billion
Lovisa Holdings Ltd
AU:LOV
Australia AU$698.43 Million
Nick Scali Ltd
AU:NCK
Australia AU$720.35 Million

Festi hf - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.07 1.20 1.15
Quick Ratio 0.51 0.53 0.62
Cash Ratio 0.00 0.00 0.00
Working Capital Ikr1.85 Billion Ikr3.94 Billion Ikr2.46 Billion

Festi hf - Advanced Valuation Insights

This section examines the relationship between Festi hf's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 2.34
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 19.6%
Total Assets Ikr114.83 Billion
Market Capitalization $828.43 Million USD

Valuation Analysis

Below Book Valuation: The market values Festi hf's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Festi hf's assets grew by 19.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Festi hf (2014–2024)

The table below shows the annual total assets of Festi hf from 2014 to 2024.

Year Total Assets Change
2024-12-31 Ikr114.83 Billion
≈ $936.20 Million
+19.58%
2023-12-31 Ikr96.03 Billion
≈ $782.91 Million
+2.85%
2022-12-31 Ikr93.37 Billion
≈ $761.23 Million
+8.61%
2021-12-31 Ikr85.97 Billion
≈ $700.89 Million
+3.13%
2020-12-31 Ikr83.36 Billion
≈ $679.64 Million
+2.61%
2019-12-31 Ikr81.24 Billion
≈ $662.35 Million
+4.43%
2018-12-31 Ikr77.80 Billion
≈ $634.27 Million
+181.31%
2017-12-31 Ikr27.66 Billion
≈ $225.47 Million
+7.94%
2016-12-31 Ikr25.62 Billion
≈ $208.89 Million
+36.40%
2015-12-31 Ikr18.78 Billion
≈ $153.15 Million
-17.58%
2014-12-31 Ikr22.79 Billion
≈ $185.80 Million
--

About Festi hf

IC:FESTI Iceland Specialty Retail
Market Cap
$828.43 Million
Ikr101.62 Billion ISK
Market Cap Rank
#9984 Global
#7 in Iceland
Share Price
Ikr328.00
Change (1 day)
-0.91%
52-Week Range
Ikr275.00 - Ikr352.00
All Time High
Ikr352.00
About

Festi hf., together with its subsidiaries, engages in the retail sale of fuel, goods, groceries and related products, and electronic equipment in Iceland. The company engages in the product storage, packaging, labelling, handling, and distribution of products; sale of household appliances and electronic equipment; leasing of non-residential real estate to retail companies; production of convenien… Read more