Banorte (GFNORTEO.MX) - Cash on Hand

Cash on Hand as of September 2022 : NZ$8.08 Billion

According to Banorte's latest financial reports the company has NZ$8.08 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	NZ$7.07 B	-7.13%
2020-12-31	NZ$7.61 B	54.52%
2019-12-31	NZ$4.92 B	-14.13%
2018-12-31	NZ$5.73 B	5.03%
2017-12-31	NZ$5.46 B	19.17%
2016-12-31	NZ$4.58 B	-49.74%
2015-12-31	NZ$9.12 B	42.64%
2014-12-31	NZ$6.39 B	10.49%
2013-12-31	NZ$5.78 B	-10.72%
2012-12-31	NZ$6.48 B	30.43%
2011-12-31	NZ$4.97 B	-24.32%
2010-12-31	NZ$6.56 B	5.33%
2009-12-31	NZ$6.23 B	-8.49%
2008-12-31	NZ$6.81 B	36.66%
2007-12-31	NZ$4.98 B	-12.56%
2006-12-31	NZ$5.70 B	2.58%
2005-12-31	NZ$5.55 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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