Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : C$6.55 Billion

According to Banorte's latest financial reports the company has C$6.55 Billion 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$6.15 B	-12.13%
2020-12-31	C$7.00 B	61.62%
2019-12-31	C$4.33 B	-17.34%
2018-12-31	C$5.24 B	7.48%
2017-12-31	C$4.87 B	14.3%
2016-12-31	C$4.26 B	-50.72%
2015-12-31	C$8.66 B	48.94%
2014-12-31	C$5.81 B	14.85%
2013-12-31	C$5.06 B	-4.53%
2012-12-31	C$5.30 B	34.4%
2011-12-31	C$3.94 B	-22.09%
2010-12-31	C$5.06 B	6.29%
2009-12-31	C$4.76 B	-0.88%
2008-12-31	C$4.80 B	26.19%
2007-12-31	C$3.81 B	-18.54%
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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