Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of June 2024 : C$17.99 B

According to Banorte's latest financial reports the company has C$17.99 B 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	13.65%
2021-12-31	$C$14.67 B	1.69%
2020-12-31	$C$14.43 B	7.45%
2019-12-31	$C$13.43 B	10.87%
2018-12-31	$C$12.11 B	28.3%
2017-12-31	$C$9.44 B	2.12%
2016-12-31	$C$9.24 B	-16.28%
2015-12-31	$C$11.04 B	12.53%
2014-12-31	$C$9.81 B	10.58%
2013-12-31	$C$8.87 B	29.17%
2012-12-31	$C$6.87 B	22.93%
2011-12-31	$C$5.58 B	37.11%
2010-12-31	$C$4.07 B	12.59%
2009-12-31	$C$3.62 B	2.57%
2008-12-31	$C$3.53 B	14.84%
2007-12-31	$C$3.07 B	1.78%
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