Banorte (GFNORTEO.MX)

Net assets on the balance sheet as of September 2024 : S$17.32 Billion

According to Banorte's latest financial reports the company has S$17.32 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	$S$16.47 B	5.11%
2021-12-31	$S$15.67 B	4.71%
2020-12-31	$S$14.97 B	7.19%
2019-12-31	$S$13.96 B	15.13%
2018-12-31	$S$12.13 B	20.78%
2017-12-31	$S$10.04 B	0.88%
2016-12-31	$S$9.95 B	-11.49%
2015-12-31	$S$11.25 B	0.61%
2014-12-31	$S$11.18 B	5.78%
2013-12-31	$S$10.57 B	25.37%
2012-12-31	$S$8.43 B	18.48%
2011-12-31	$S$7.11 B	35.64%
2010-12-31	$S$5.24 B	8.72%
2009-12-31	$S$4.82 B	16.79%
2008-12-31	$S$4.13 B	-8.42%
2007-12-31	$S$4.51 B	13.42%
2006-12-31	$S$3.97 B	13.57%
2005-12-31	$S$3.50 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