Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of June 2024 : NZ$21.44 B

According to Banorte's latest financial reports the company has NZ$21.44 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	$NZ$19.36 B	14.34%
2021-12-31	$NZ$16.93 B	7.6%
2020-12-31	$NZ$15.73 B	2.45%
2019-12-31	$NZ$15.35 B	16.06%
2018-12-31	$NZ$13.23 B	25.14%
2017-12-31	$NZ$10.57 B	6.46%
2016-12-31	$NZ$9.93 B	-14.62%
2015-12-31	$NZ$11.63 B	7.84%
2014-12-31	$NZ$10.78 B	6.19%
2013-12-31	$NZ$10.15 B	20.8%
2012-12-31	$NZ$8.40 B	19.44%
2011-12-31	$NZ$7.04 B	32.84%
2010-12-31	$NZ$5.30 B	11.19%
2009-12-31	$NZ$4.76 B	-4.81%
2008-12-31	$NZ$5.00 B	23.42%
2007-12-31	$NZ$4.05 B	10.2%
2006-12-31	$NZ$3.68 B	19.64%
2005-12-31	$NZ$3.07 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