Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : NZ$22.80 Billion

According to Banorte's latest financial reports the company has NZ$22.80 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	$NZ$19.36 B	14.04%
2021-12-31	$NZ$16.97 B	8.24%
2020-12-31	$NZ$15.68 B	1.95%
2019-12-31	$NZ$15.38 B	16.2%
2018-12-31	$NZ$13.23 B	25.2%
2017-12-31	$NZ$10.57 B	6.46%
2016-12-31	$NZ$9.93 B	-14.52%
2015-12-31	$NZ$11.62 B	7.59%
2014-12-31	$NZ$10.80 B	6.38%
2013-12-31	$NZ$10.15 B	21.14%
2012-12-31	$NZ$8.38 B	19.03%
2011-12-31	$NZ$7.04 B	33.37%
2010-12-31	$NZ$5.27 B	11.56%
2009-12-31	$NZ$4.73 B	-4.95%
2008-12-31	$NZ$4.97 B	21.63%
2007-12-31	$NZ$4.09 B	11.16%
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