Festi hf Balance Sheet Health
Financial Health criteria checks 3/6
Festi hf has a total shareholder equity of ISK40.4B and total debt of ISK33.4B, which brings its debt-to-equity ratio to 82.5%. Its total assets and total liabilities are ISK113.1B and ISK72.7B respectively. Festi hf's EBIT is ISK7.9B making its interest coverage ratio 2.3. It has cash and short-term investments of ISK6.1B.
Key information
82.5%
Debt to equity ratio
ISK 33.36b
Debt
| Interest coverage ratio | 2.3x |
| Cash | ISK 6.06b |
| Equity | ISK 40.43b |
| Total liabilities | ISK 72.70b |
| Total assets | ISK 113.14b |
Recent financial health updates
Is Festi hf (ICE:FESTI) A Risky Investment?
May 09
Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Sep 23Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Apr 07Here's Why Festi hf (ICE:FESTI) Has A Meaningful Debt Burden
Jan 04
Recent updates
Subdued Growth No Barrier To Festi hf. (ICE:FESTI) With Shares Advancing 27%
Nov 19Is Festi hf (ICE:FESTI) A Risky Investment?
May 09Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Sep 23Festi hf (ICE:FESTI) Is Increasing Its Dividend To Kr5.00
Mar 02Is Now The Time To Put Festi hf (ICE:FESTI) On Your Watchlist?
Oct 02How Does Festi hf. (ICE:FESTI) Fare As A Dividend Stock?
May 03Does Festi hf (ICE:FESTI) Have A Healthy Balance Sheet?
Apr 07Festi hf. (ICE:FESTI) Will Pay A Kr3.00 Dividend In Two Days
Mar 18Festi hf. (ICE:FESTI) Delivered A Weaker ROE Than Its Industry
Mar 03The Trends At Festi hf (ICE:FESTI) That You Should Know About
Feb 15What Type Of Shareholders Own The Most Number of Festi hf. (ICE:FESTI) Shares?
Feb 02Festi hf. (ICE:FESTI) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 20Here's Why Festi hf (ICE:FESTI) Has A Meaningful Debt Burden
Jan 04Festi hf (ICE:FESTI) Has Rewarded Shareholders With An Exceptional 304% Total Return On Their Investment
Dec 22Does Festi hf's (ICE:FESTI) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 07Is Festi hf.'s (ICE:FESTI) 8.3% ROE Worse Than Average?
Nov 22Financial Position Analysis
Short Term Liabilities: FESTI's short term assets (ISK29.1B) exceed its short term liabilities (ISK24.4B).
Long Term Liabilities: FESTI's short term assets (ISK29.1B) do not cover its long term liabilities (ISK48.3B).
Debt to Equity History and Analysis
Debt Level: FESTI's net debt to equity ratio (67.5%) is considered high.
Reducing Debt: FESTI's debt to equity ratio has reduced from 124.6% to 82.5% over the past 5 years.
Debt Coverage: FESTI's debt is well covered by operating cash flow (30.5%).
Interest Coverage: FESTI's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 16:50 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Festi hf. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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