Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : C$6.18 B

According to Banorte's latest financial reports the company has C$6.18 B in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Banorte - Cash on Hand chart (from 2010 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	C$6.11 B	-12.75%
2020-12-31	C$7.00 B	62.85%
2019-12-31	C$4.30 B	-18.07%
2018-12-31	C$5.25 B	7.63%
2017-12-31	C$4.87 B	14.3%
2016-12-31	C$4.26 B	-50.77%
2015-12-31	C$8.67 B	49.18%
2014-12-31	C$5.81 B	14.85%
2013-12-31	C$5.06 B	-4.8%
2012-12-31	C$5.31 B	34.71%
2011-12-31	C$3.94 B	-22.2%
2010-12-31	C$5.07 B	6.3%
2009-12-31	C$4.77 B	-1.24%
2008-12-31	C$4.83 B	29.03%
2007-12-31	C$3.74 B	-19.94%
2006-12-31	C$4.67 B	5.74%
2005-12-31	C$4.42 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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