Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : $12.89 Billion USD

According to Banorte's latest financial reports the company has $12.89 Billion USD 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	$$12.29 B	6%
2021-12-31	$$11.59 B	2.46%
2020-12-31	$$11.31 B	9.23%
2019-12-31	$$10.36 B	16.66%
2018-12-31	$$8.88 B	18.25%
2017-12-31	$$7.51 B	9.16%
2016-12-31	$$6.88 B	-13.49%
2015-12-31	$$7.95 B	-6.02%
2014-12-31	$$8.46 B	1.43%
2013-12-31	$$8.34 B	21.01%
2012-12-31	$$6.89 B	25.47%
2011-12-31	$$5.49 B	34.92%
2010-12-31	$$4.07 B	18.49%
2009-12-31	$$3.43 B	18.97%
2008-12-31	$$2.88 B	-7.85%
2007-12-31	$$3.13 B	20.87%
2006-12-31	$$2.59 B	23.32%
2005-12-31	$$2.10 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