Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : €11.95 Billion

According to Banorte's latest financial reports the company has €11.95 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	$€11.45 B	11.91%
2021-12-31	$€10.23 B	11.28%
2020-12-31	$€9.20 B	-0.52%
2019-12-31	$€9.24 B	19.14%
2018-12-31	$€7.76 B	24.02%
2017-12-31	$€6.25 B	-4.31%
2016-12-31	$€6.54 B	-10.07%
2015-12-31	$€7.27 B	4.54%
2014-12-31	$€6.95 B	15.17%
2013-12-31	$€6.04 B	15.91%
2012-12-31	$€5.21 B	23.18%
2011-12-31	$€4.23 B	38.19%
2010-12-31	$€3.06 B	27.63%
2009-12-31	$€2.39 B	16.08%
2008-12-31	$€2.06 B	-3.76%
2007-12-31	$€2.14 B	9.23%
2006-12-31	$€1.96 B	10.71%
2005-12-31	$€1.77 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