Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : A$19.75 Billion

According to Banorte's latest financial reports the company has A$19.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Banorte - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$18.06 B	12.93%
2021-12-31	$A$15.99 B	8.68%
2020-12-31	$A$14.71 B	-0.54%
2019-12-31	$A$14.79 B	17.39%
2018-12-31	$A$12.60 B	31.04%
2017-12-31	$A$9.61 B	0.78%
2016-12-31	$A$9.54 B	-12.57%
2015-12-31	$A$10.91 B	5.58%
2014-12-31	$A$10.34 B	10.55%
2013-12-31	$A$9.35 B	40.98%
2012-12-31	$A$6.63 B	23.79%
2011-12-31	$A$5.35 B	33.66%
2010-12-31	$A$4.00 B	4.79%
2009-12-31	$A$3.82 B	-6.57%
2008-12-31	$A$4.09 B	14.19%
2007-12-31	$A$3.58 B	8.98%
2006-12-31	$A$3.29 B	14.46%
2005-12-31	$A$2.87 B

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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Banorte (GFNORTEO.MX) - Net assets