Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : £3.62 Billion

According to Banorte's latest financial reports the company has £3.62 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	£3.57 B	-11.22%
2020-12-31	£4.03 B	59.26%
2019-12-31	£2.53 B	-16.54%
2018-12-31	£3.03 B	5.62%
2017-12-31	£2.87 B	11.55%
2016-12-31	£2.57 B	-38.91%
2015-12-31	£4.21 B	30.9%
2014-12-31	£3.21 B	11.62%
2013-12-31	£2.88 B	-12.61%
2012-12-31	£3.30 B	32.21%
2011-12-31	£2.49 B	-23.96%
2010-12-31	£3.28 B	17.28%
2009-12-31	£2.79 B	3.74%
2008-12-31	£2.69 B	40.34%
2007-12-31	£1.92 B	-6.26%
2006-12-31	£2.05 B	-6.91%
2005-12-31	£2.20 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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