Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : C$18.53 Billion

According to Banorte's latest financial reports the company has C$18.53 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	$C$16.67 B	12.86%
2021-12-31	$C$14.77 B	2.41%
2020-12-31	$C$14.42 B	6.64%
2019-12-31	$C$13.53 B	11.86%
2018-12-31	$C$12.09 B	28.12%
2017-12-31	$C$9.44 B	2.12%
2016-12-31	$C$9.24 B	-16.19%
2015-12-31	$C$11.03 B	12.34%
2014-12-31	$C$9.82 B	10.57%
2013-12-31	$C$8.88 B	29.54%
2012-12-31	$C$6.85 B	22.65%
2011-12-31	$C$5.58 B	37.29%
2010-12-31	$C$4.07 B	12.57%
2009-12-31	$C$3.61 B	2.95%
2008-12-31	$C$3.51 B	12.31%
2007-12-31	$C$3.12 B	3.56%
2006-12-31	$C$3.02 B	23.32%
2005-12-31	$C$2.44 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